Project Type: System Module Development
Business Challenge
For over a decade, our client has been helping businesses achieve mission success through proactive, results-driven approach to software and IT. The client served companies from financial, real estate management, entertainment and other industries with cost-effective turnkey solutions, custom system design and development.
Having over 400 contract employees our client faced the need to implement an automated payroll system, which at the time was manual and, therefore time consuming and error prone process. Additional challenge was presented by multiple offices, located in several countries with different payroll processes, rules and regulations.
Our client, at the moment, was already using Acumatica enterprise resource planning software for some internal purposes. Acumatica at the time did not have ready-to-use payroll module and existing original and third party solutions had serious limitation on number of employees in the system, restricting maximum to 20-25.
Additionally, they lacked a module that could automatically provide calculations based on previously entered data.
Solution
A custom payroll module was created and integrated with other Acumatica modules being used by the company. The most outstanding result was the ability to fill-in data and perform simultaneous calculations within same screen for more than 400 employees. New module has also demonstrated great performance in terms of speed.
After integration with Jira newly developed payroll module defined and calculated salary for every employee, taking into account all his/her paid and unpaid vacations, sick leaves, bonuses, days off, etc. On the top of that, new solution helped to determine burn rates for any given budget associated with particular projects.
Another important feature of the built Payroll module is an ability to print specific tax reports as well as work completion certificates, which might contain data specific to each employee for every time period. New module brought also export to excel for Payroll feature, which helps tremendously to analyze data.
We have integrated our Payroll module with Acumatica Accounts Payable module, which added benefit to generate and print out invoices.
Benefits
- Improved accounting and payroll
- Financial data collection, processing and calculations – all in one place
- Built-in option to print specific reports and certificates
- Full tracking of expenses and compensations for all employees. Ability to store and review data for current and former employees