We hear from global payroll professionals all the time about the time-consuming nature of pre-payroll data inputs. It is a massive challenge to meet payroll processing deadlines in an accurate way.
Data is being manually input into excel spreadsheets and then moved around via e-mail transfer-this is time consuming, error prone and simply unsustainable for global payroll delivery and management in 2023.
The good news is that on the global payroll control platform, this is simply not an issue as the entire pre-payroll data phase is 100% automated
Speed and Accuracy Guaranteed
At Payslip, we look to remove obstacles, solve specific payroll-related challenges and simplify the pre-payroll data cleansing stage with our purpose-built automation and integration platform.
We’ve known for a long time that Payslip is the only technology that can fully automate 100% of the pre-payroll data inputs. An attendee of a recent live demo remarked that Payslip was the only vendor they had ever seen that actually feels like it was developed for the people processing payroll-that’s a pretty big statement!
Payslip automates and validates all of the pre-payroll data inputs prior to the payroll calculation stage. A list of automated inputs includes
- Time and attendance data
- Leave and absence data
- Bonuses & incentives
- Stock & equity
- Deductions and withholdings
- Commission or variable pay data
- Reimbursements or expenses
All of this results in massive time savings, productivity gains and the elimination of any concerns around data accuracy because the risk of human error is removed from the process.
"On the Payslip platform, automated feeds mean I no longer have to spend hours validating hundreds of bonus and one-time payment inputs. This can now be done in seconds, so I have much more time for review and analysis."
Taynan De Jesus NunesPayroll Analyst at Cloudera
How it happens
All incoming pre-payroll data is ingested into the platform where we apply a set of validation rules that are designed to detect errors, omissions, and malformed data. This not only removes a significant number of human touch points in the payroll process but also serves to significantly reduce the number of trial runs required to get the pre-payroll data cleansed and ready- a major pain point for global payroll professionals at organizations everywhere.
We developed a tool we call MIPI. It stands for Multi Input Payroll Integrator and is a no-code capability to read Customer and Payroll related data from arbitrarily formatted CSV or Excel files. It means that Payslip can take payroll inputs from any source system, in any format, and then automatically validate the data.
MIPI is a highly flexible integration tool that’s designed to accommodate your pre-payroll import files. Instead of manually copying your HCM, Benefits, and Expenses data into yet another template, simply transfer your pre-payroll data files via SFTP or upload them to our platform. Payslip’s automatic validations will detect if your pre-payroll data contains errors so that you can fix them straight away and re-transfer the file.
Automated HR data
Pre-payroll data comes from multiple sources and human resources systems will always contain a selection of data required for payroll processing.
Our HCM integration functionality allows us to take data required for pre-payroll from multiple different data sources and have it flow into the platform in an automated fashion.
A good example is Workday, a widely used HCM we are fully integrated with. This means that Payslip can combine Workday HR data with all other data required for payroll – so that all pre-payroll data requirements are 100% automated.
As a Workday Partner, Payslip can receive automated, integrated data from Workday across 100+ countries- automating the validation of pre-payroll input data from Workday.
All of this means that manual effort is reduced by as much as 98% in the pre-payroll data preparation stage.
Clean. Fast. Accurate.
Automating pre-payroll data has a hugely positive impact on payroll delivery & management across multiple countries:
- Rapid, automated payroll data and validations
- Faster pre-payroll turnaround times
- Time created in payrun cycles
- Human error risk removed via automation
- Much less trail runs for payroll engine uploads
- Cleaner, better data supplied to local country vendors
- Execution excellence in payroll operations
For more information about our Global Payroll Control Platform contact us today.