Payroll process is an important and highly complex business function. Oracle Fusion HCM Payroll solutions help to streamline the complex requirements needed to operate in today’s global economy.
The following features help in providing error-free and efficient payroll calculation to accurately process payroll and remain in compliance.
- Localization– Predefined Legislative Data Groups that are delivered helps calculate payroll according to global and local taxation rules.
- Payroll Integrations– Provide standard interface to third party payroll providers like US ADP Tax Filing.
- Customisable – It allows business users to determine what should be included in their payroll processes like QuickPays, Balance Adjustments etc.
- Fast Formulas– Complex business rules and other criteria can be set by creating fast formulas.
- Checklists– Create checklists for actions that require the completion of standard tasks and Monitor the progress of each payroll process.
- Predefined Templates – Seeded payroll reports and custom reports can be used to meet the complex reporting requirements and schedule the outputs for any frequency.
- Secure User Interface– Navigation through the interface is simple and clear. The intuitive interface provides each user access based on their roles.