Streamlining HRMS processes through a product deployment



Similar documents
Automated HR & Payroll Solution.

Stephen Doune HRIS Project Manager Plan International

Project title (in Chinese) 項 目

07/18/2011. sodexousa.com

A pay-as-you-use model About TCS ion Integrated solutions Personalized solutions Automatic upgrades Increased agility

IRIS Managed Payroll Service

Oracle Cloud Been there, Done that!

AT&T Global Network Client for Windows Product Support Matrix January 29, 2015

ion Human Capital Management Solution

EDI Services helps healthcare network streamline workflow, increase productivity, and improve revenue cycle management.

Enterprise HR Management Solution

EIPCS. Administration Module WCM PRODUCTS


Why Choose the Oracle Taleo Recruiting Cloud?

COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*

COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*

FIXED SCOPE OFFERING FOR ORACLE FUSION TALEO CLOUD

Analysis One Code Desc. Transaction Amount. Fiscal Period

QUADRANT HUMAN RESOURCES

Process Validation Workshops. Overview Session

Key Business Drivers. Copyright 2013, Oracle and/or its affiliates. All rights reserved.

Payroll on Cloud Version 3.0

Cloud Technology Platform Enables Leading HR and Payroll Services Provider To Meet Solution Objectives

EARNIE Managed Payroll Service Friendly, reliable, efficient

Free Guide on Payroll Management Services Managing Payroll and Cloud Payroll

SAMAY - Attendance, Access control and Payroll Software

THE COMPLETE WORKFLOW MANAGEMENT SOLUTION FOR ENTERPRISES

A basic paycheque will show gross pay, deductions and net pay:

Client name: DDF Consultants Pvt. Ltd.

Sage HRMS 2014 Sage HRMS Payroll Getting Started Guide. October 2013

Cloud Services Offering. Fixed Scope Offering for Implementation of

CARLETON UNIVERSITY POSITION DESCRIPTION. Position Title: Manager, HR Systems Position No.: Approved by:

Dj s Outsourcing Pvt. Ltd. Human Resource Management System

Your Total IT Solution Partner in Enterprise communications

Human Capital Management

How To Implement Fusion Hcm

Finance Process Documents - Staff and Pensions Payroll

TERMS OF REFERENCE FOR THE HUMAN RESOURCES AND COMPENSATION COMMITTEE

XiTE HRMS SUITE. Product Features & Overview. 9/16/2011 XecuteHR Solutions Private limited

Lesson 2: Income Tax Master Configuration

HR, talent management and payroll

Human Capital Management Mapping a Blueprint to the Cloud. June 25 th, 2 3pm EST

HR Operations & Outsourcing

Sage 50 Payroll. New. Payroll software for small to medium sized businesses who need complete control and confidence in their payroll process.

Case 2:08-cv ABC-E Document 1-4 Filed 04/15/2008 Page 1 of 138. Exhibit 8

June 2008 Report No An Audit Report on The Department of Information Resources and the Consolidation of the State s Data Centers

Building an Effective Roadmap

Swedish Time & Attendance (STA)

Fixed Scope Offering for Implementation of Taleo

PEOPLESOFT HUMAN RESOURCES

Payroll Procedure. 1 Procedure Introduced February 2010 Finance Office

Enterprise HR Management Solution

HR WSQ Qualifications. Certified HR Professional Programmes

2012 HIPAA Privacy and Security Audits

Manchester City Council Report for Information. Managing Attendance (Real Time Absence Reporting)

quadrant payroll QUADRANT HELPS YOU DELIVER TIMELY, RELIABLE, AND ACCURATE PAYROLL TO YOUR STAFF. KEY FEATURES

SKY-ERP Data Sheet. - a comprehensive ERP solution for Outdoor Infra Management SKYSOFT CONSULTANCY SERVICES PRIVATE LIMITED

Sage 100 ERP I White Paper

SIPP Core and Topical Modules Organization and Issues

AP Invoice Automation and Workflow System

SEVEN WAYS THAT BUSINESS PROCESS MANAGEMENT CAN IMPROVE YOUR ERP IMPLEMENTATION SPECIAL REPORT SERIES ERP IN 2014 AND BEYOND

Prepare for Automatic Enrolment

The Impact of Medicare Part D on the Percent Gross Margin Earned by Texas Independent Pharmacies for Dual Eligible Beneficiary Claims

TheFinancialEdge. Converting to Payroll 7

OPERATIONS SERVICE UPDATE

Business Plan Summary

Case Studies on Microsoft Dynamics NAV V1.0

Fixed Scope Offering for Oracle Fusion HCM. Slide 1

ACCOUNTING AND FINANCIAL REPORTING REGULATION MANUAL

SAP NetWeaver Identity Management Experiences from an Implementation at Colgate-Palmolive Company

Human Resources & Payroll Solutions

NASCIO. Improving State

IT Governance. Infocom India Presentation. Pathfinder Technology Solutions. December 6, 2006

The Corporation of the City of London Quarterly Report on Internal Audit Results

BUSINESS PLAN GUIDE. Send completed business plans to:

NAME OF THE PROJECT: INTEGRATED PAYROLL AND PERSONNEL DATABASE (IPPD) INITIATIVE

Payroll Officers & the Human Resources Team. Employees and Managers. Payroll Deduction Organisations

Generally Accepted Record Retention Guidelines

Department of Human Resources

IRAS e-tax Guide. Record Keeping Guide for Non-GST Registered Businesses (Third Edition)

BOARD OF REGENTS AUDIT/COMPLIANCE AND INVESTMENT COMMITTEE 2 STATE OF IOWA FEBRUARY 3-4, 2010 INTERNAL AUDIT REPORTS ISSUED

AP Automation at Fossil. How Fossil implemented Opentext Vendor Invoice Management Wim Schalken

Table of Contents. Table of Contents...2 BARAZA PAYROLL SYSTEM...3. Control Panel...5 MONTHLY PAYROLL...18 REPORTS...27

BEACON Loan Management Platform. The faster, smarter and cost-effective way to automate your lending business

Ramco Systems developing products for over 15+ years

Enhanced Vessel Traffic Management System Booking Slots Available and Vessels Booked per Day From 12-JAN-2016 To 30-JUN-2017

Engine Workscope Optimization. Jim Henry VP Technology Development Standard Aero

SUMMARY PROFESSIONAL EXPERIENCE. IBM Canada, Senior Business Transformation Consultant

REASONS WEB-BASED PAYROLL S O L U T I ON. ecipay.com

Transcription:

Streamlining HRMS processes through a product deployment a large Indian Public Sector Bank Copyright

ABOUT THE CLIENT ` Client is one of the Oldest Joint Stock Bank of the Country. It is one of the largest Public sector banks with over 23,000 employees across more than 2500 branches situated all over India BUSINESS DRIVERS FOR THE INITIATIVE Payroll processing bottlenecks: HR and payroll operations of the client were decentralized. The HR operations were being managed by the zonal offices, 48 in number, covering all branch employees listed under respective zones. Each zonal office was using a different payroll package. Some zones were maintaining and processing payroll using MS excel. With the complex rules and procedures mandated for public sector banks, it was becoming impossible to process payroll accurately and in time. Hampered policy implementation: Despite framing many policies for manpower development, the absence of comprehensive employee data, both current and historical, at a centralized location, implementation of policies were hampered. Need for a solution with the right fit: The client was on the lookout for a vendor with on-theground experience in implementing payroll solutions and capabilities to envisage and architect a solution along the lines of their expansion plans. A product that best fitted their scaling requirements was a compelling need. OPERATIONAL BOTTLENECKS Flawed benefits-handling mechanism: Branch-based benefits like City Compensation Allowance (CCA), Project Area allowances, Hill & Fuel Allowances and Special area allowances were not effectively handled in case of employee transferred from benefit branch to non- benefit branch or vice-versa this also led to wrong payments, post payroll reconciliation and supplementary payment issues. The transfer data of employees or other changes on employee payroll data were either not communicated to Zonal offices or delayed resulting in wrong calculation of payroll and payments to the employees. Delayed processing time: Branches were required to transfer the salary data to central processing system, so there were processes independent to the branches and subsequent completion processes from the central processing system. This scenario led to multiple manual loops and verification processes. This cumbersome exercise was not only time consuming but also triggered data inaccuracies. Ineffective handling of complex rules: Lack of support to manage complex rules of accommodation often resulted in wrong HRA calculation and incorrect assessment of House Rent Recovery (HRR) and Furniture Rent Recovery (FRR). Consequently, supplementary payments and reconciliation became a practice. Leave Management: Leave policies were different for each employee group, leaves record maintenance were very difficult because of the rules and the number of leave types involved. This resulted in maintenance of incorrect leave records, inviting disputes on leave balance. During transfers, the leave balances also needed to be sent to the transferred branch. There was no integrated system to manage and handle staff welfare system, leave concession fare and other reimbursements, causing delays in employee claims and reimbursements. ENVISAGED SOLUTION Copyright

EXILANT had a robust payroll product easi HRMS a comprehensive HR system from the easi suite of products, which catered to requirements of companies spanning diverse geographies and sizes. EXILANT was backed by its credibility of successfully implementing personnel package for public sector and government organizations. This helped EXILANT put together a product and implementation roadmap to cover the entire HR, payroll and related admin functions required by the bank in a timeframe in conjunction with the Bank s expansion plans. SOLUTION HIGHLIGHTS Easy pay slip access: Earlier each zonal office was generating pay-slips for all the branches under its jurisdiction and sending it to individual branches for distribution causing considerable delay. With easi s implementation, branches were given facility to take the print out of pay-slips. A self-service facility where employees can generate pay-slips for previous 3 months was also provided. Expediting revisions: While payroll implementation was in progress, a salary structure revision was announced by the banking authority. The configurable design of salary components and rule-based payroll component computation engine enabled EXILANT to roll-out the new salary structure without altering the target completion date. Interfacing with core banking solution: EXILANT developed bank-specific interfaces for their core banking and other third party applications for data retrieval and processing. For all the touch points where employee payment was required to be made, easi-hrms established interface with Bancs24, the core banking solution at client facilities. Product training: Extensive training was offered for power users ( department heads) and IT personnel on the product usage IMPLEMENTATION HIGHLIGHTS Approach: The implementation was thoroughly planned and well executed in steps from a centralized approach to begin with and graduating in to a de-centralized implementation approach. All locations/branches/regional data were collected at an organizational level and executed in the payroll within a span of 7 months. The effective coverage was close to 2800 branches. Subsequently, solutions were rolled out at the Zonal level and then at the regional level thus taking combining islands of operations at different levels. Execution: The solution was deployed at the bank data center at Mumbai. EXILANT provided data templates for collecting employee master data and payroll data from all zonal offices. The data was validated and sanitized before migrating to easi-hrms database. Payroll was rolled out across all zones in 4 months in a phased manner. Pre-UAT, UAT and production go-live timelines: A 12-member project team was constituted to execute the project in a phased manner. EXILANT worked closely with a 3rd party vendor to design, build, deploy and test the product through various stages. Copyright

The below table provides a snapshot of the timelines adhered to from inception to closure of the project. SL NO. ALB HRMS MODULES Module Description Pre - UAT (Dates) U A T (Dates) Moved for Production Planned Actual Planned Actual Planned Actual 1 Generic Features / Generic Requirements JULY-2010 JAN-2011 Employee Information master /Additional 2 Employee Information JULY-2010 JAN-2011 3 Payroll JULY-2010 JAN-2011 4 Income tax & PT MAY-2011 JUNE-2011 5 Leave management MAY-2011 JUN-2011 JUNE-2011 6 Training JULY 2011 JULY 2011 APR-2012 APR-2012 APR-2012 MAY-2012 7 Promotion, career planning SEP-2011 OCT-2011 APR-2012 MAY-2012 8 Performance appraisal MAR-2011 MAR-2011 9 Management of Transfers & Posting JULY 2011 JULY 2011 OCT-2011 OCT-2011 APR-2012 APR-2012 10 Management of LFC, Medical JULY 2011 JULY 2011 APR-2012 APR-2012 AUG-2011 11 Scholarship MAY-2011 OCT-2011 APR-2012 APR-2012 12 PF Terminal benefit management FEB-2011 JUNE-2011 JUNE-2011 13 Pension Management FEB-2011 JUNE-2011 JUNE-2011 14 Gratuity management FEB-2011 JUNE-2011 JUNE-2011 15 Man power planning JULY 2011 JULY 2011 OCT-2011 OCT-2011 APR-2012 APR-2012 Management of Industrial relationship, 16 disciplinary actions (DAIR) AUG-2011 AUG-2011 OCT-2011 OCT-2011 APR-2012 APR-2012 17 CVC Related matters AUG-2011 AUG-2011 OCT-2011 OCT-2011 APR-2012 APR-2012 18 Resources & project management JULY 2011 JULY 2011 APR-2012 APR-2012 AUG-2011 19 Executive information, decision making tools AUG-2011 APR-2012 APR-2012 20 Issue of no objection certificates(noc) FEB 2011 JUNE-2011 21 Staff welfare scheme JULY 2011 JULY 2011 OCT-2011 APR-2012 APR-2012 22 Management of power of attorney(poa) FEB-2011 JUNE-2011 JUNE-2011 23 Uniform & leveries FEB-2011 JUNE-2011 Self Service Leave NOV-2011 NOV-2011 APR -2012 APR -2012 APR -2012 24 Employee Request OCT-2010 OCT-2010 APR -2012 APR -2012 Down Load ( Payslip, Statistic forms) Assets and Liabilities OCT-2010 OCT-2010 APR -2012 APR -2012 MAY-2011 Support from near-site location for entire production environment: EXILANT assembled an agile support team to provide 24 x 7 production support from a near-site location to provide fastest turnaround on fixes. When implemented completely, the bank is expecting to have employee data from recruitment to separation to be available in easi-hrms database which will enable the bank to implement the HR policies effectively. Copyright

SOLUTION MAP ` FIG: THE SOLUTION MAP REPRESENTS THE MODULE-WISE BREAK DOWN OF PRODUCT FEATURES THAT WERE IMPLEMENTED AT CLIENT BANK IN PHASES PRODUCT FEATURES Easi-HRMS has rule engine and flexible and simple way of rule building functionalities and architect of the product removes the complexity of the branch based benefits by configuring at the branch level and building the rule with addition pay edcodes mapping. This eliminates the major issue of non- payable of the branch specific benefits or rates applicable for the payroll calculations. Easi-HRMS is extended with Data security and role based access to the branch users to make the respective changes to branch specific employee related data changes example Accommodation change, other deductions changes, transfer entries. This enables the branch to make changes in the system on timely basis which intern avoided the discrepancy in payroll. And also the using the feature the branch are allowed to verify their transfer vouchers, trickle feed which is the file used for salary credit with CBS system in real time. Allowed to generate branch specific reports and salary slips of their branch. This majorly removed the hassles of Copyright

sending hard copies of reports from zonal to branch by courier / postal intern there is time and cost saving are the additional benefits. Easi-HRMS provides a generic Trickle Feed module to eliminate the manual activity in processing and preparing the transfer vouchers manually. Provides comprehensive account mapping facilities for user to configure at different levels, which enables in creating proper TF to credit salaries, recoveries and debit other wages account in CBS Easi-HRMS provides employee accommodation entries and changes in the accommodation during transfers and change type of accommodation with results in HRA, HRR and FRR which eases and the Easi-HRMS payroll process take care of the calculation for HRA related components and avoided the reconciliation and supplementary payments Leave module in Easi-HRMS suits Banking leave policies. Handles all kinds of complexities and rules to make the life simpler of HR departments in maintaining the leave records and approvals are made in system using built in workflow in Easi-HRMS. Effective solution and module available in Easi-HRMS to cater PF Department functions to ease their activities like pooling data from Payroll PF subscriptions, maintenance of PF loans provided to employees and its records in detail. The way Pension module in Easi-HRMS reduces the delay in processing the Pension files and the calculations are instant and accurate. This module also handles the monthly payout for the pensioners. Performance appraisal process for officers, which were earlier entirely paper based, was implemented with one of the highest fulfillment percentages. ROI REALIZATION FOR CLIENT Reduction of payroll preparation time Payroll export to almost all payroll systems Hassle-free calculation of HRA components Automatic data validation and speedy retrieval of information Minimum payroll related queries post processing. Archiving of Payroll data for statistical analysis Prompt disbursal of employee benefits Import/Export employee data and timecard information with other applications eliminating duplication of data entry Compliance with statutory requirements with a full audit trail WHY WAS EXILANT THE RIGHT CHOICE? EXILANT brings to the fore several years of on-the-ground implementation experience in payroll systems. The functional expertise combined with the quick turnaround in incorporating changes in the project and high predictability of cost made EXILANT the right choice for the client. EXILANT s credibility is backed by proven success in various implementations. To name a few o SaaS-based payroll systems for marine services companies in Singapore, o Multi-location rollout of an HRMS application for one of the world s largest railways o Several payroll solutions for one of the largest consumer electronics in the world. Copyright