PAYROLL processing can take away valuable resources of your organization and more so if you have fixed and variable pay model and you are a labour intensive organization. In organizations like manufacturing or construction or EPC businesses, complex labour compensation methods like piece based payment, overtimes, shifts based, contract labour payments, etc can make Payroll processing a very time consuming and error-prone process.
NEWTON Payroll will help you effectively process and generate your payroll without putting stress on your people and resources. With seamless integration with third party time capture devices (attendance systems), time schedules and shifts data, productivity data and compensation structure, NEWTON PAYROLL gives you accurate payroll in no time.
The NEWTON Human RESOURCE Management system helps companies like yours:
- Improve competitiveness by hiring, retaining, and empowering the best people
- Improve productivity and reduce transaction costs
- Implement flexible role based user interfaces for time reporting
- Provide secure, anywhere-anytime access to workforce information
- Make informed decisions by gaining visibility into and control over workforce performance
- Save money and time by streamlining workforce-related processes, including scheduling and time and attendance
- Achieve goals by aligning staffing practices with corporate strategy
- Apply a global, flexible rules based solution for calculating absence accruals, eligibility, and gross pay
- Profit from more effective and efficient global operations
- Enable integration to collect time and labor data from multiple sources / solutions
- Ensure adherence to schedules to mitigate understaffing / lost productivity
- Ability to adhere to all legislative, union, corporate labor laws and calculation of gross pay
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