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| HBS Solution [HBS Financial Localization Solution(FLS)] |
| Payroll Localization |
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In today's Internet and customer-centric economy, the entire HR landscape has changed, your employees are as important as your customers. You know how challenging it is to attract and retain qualified workers who are mobile and require balance in their personal and work lives. As Internet-savvy employees, they expect access to online Payroll content and services through Web portals. As a busy business executive, you know that administering and delivering routine HR services represents a large portion of HR departmental costs - from the costs of paper and postage to the unwieldy bureaucratic processes that devour staff time. Cutting those administrative expenses and cycle times while improving your operational efficiency will boost the return on your company's investment. You need an localized Payroll system that provides: - Human resources information, such as personnel profiles, assessment and training etc.
- Financial data, such as salary, welfare, and tax etc.
- Logistical items, such as calendar, leave and travel management
- Accurate, up-to-date employee information
- Increased employee satisfaction
- The freedom for employees to focus on serving customers and achieving business goals
However, in order to meet the demands of today's knowledge-based economy, organizations must maximize the potential and productivity of their employees - the human capital pivotal to their success. This requires transforming traditional standard payroll functions into a comprehensive payroll program to meet the local requirements. Having a single, integrated payroll system is the foundation of effective human resource management. When you eliminate redundant applications and aging legacy systems, you enable your HR department to work more efficiently. You automate common tasks to eliminate manual, error-prone work. And you establish a single source for workforce information. |
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HBS Payroll is one of the flagship products of HBS. At the early stage, HBS Payroll was regarded as the third party product of Computer Associates, the second largest Independent Software Vendor worldwide. When our customers asked for new strategies that could add value to traditional Payroll Management System processes, we listened. Today, we're the leader and pioneering Payroll Management System as a new way of doing business in which every employee-from the office and boardroom to the plant and storeroom-drives business performance. We call it "Collaborative Human Resource Management" HBS Payroll is a complete solution that enables your HR professionals, executives, and line managers to optimize your investment in your most important asset - your employees. It is designed to integrate employee processes and knowledge with business processes and strategies. It enables you to drastically reduce the hidden costs of HR administration. You can install HBS Payroll centrally and use it in multi-location . Your employees can access the system from anywhere at any time by using internet explore. They get instant access to role-based information, transactions, and productivity tools through a portal. Your HR staff can work more efficiently around the world by using HBS' global vision and local implementation. |
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- Find the best people and put their talents to best use
- Assign the right people to the right projects at the right time
- Build better relationships with employees through personalized self-services and more flexible compensation and reward models
- Align team and individual goals with corporate strategies
- Ensure that HRM processes are streamlined and seamlessly integrated across global operations
- Make workforce-related decisions quickly using real-time information
- Reduce the cost and effort of complying with regulations
- Enable flexible processes that balance global demands with local needs
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