Top performing payroll organizations process payroll at a 37 percent lower cost than standard organizations. Organizations can’t afford to operate with outdated, inefficient payroll processes. SAP SuccessFactors Employee Central Payroll is a revolutionary – combination of proven technology, latest innovations, and service delivery in a solution that represents the next generation of payroll process automation.
SAP SuccessFactors Employee Central Payroll
Real-time payroll monitoring
SAP SuccessFactors has reinvented the payroll process with the introduction of the three-click payroll, as part of the larger Payroll Control Center (PCC) delivery. It allows you to move away from the batch-style processing to a continuous payroll process with real-time monitoring of payroll exceptions (also called validations or policies). Gone are the days where the payroll administrators have to spend significant time digging through countless error logs, spools, reports, diverse check tools, and often creating Excel lookups to find any payroll related errors.
Global processes and local best practices
Employee Central Payroll supports over 41 countries payroll processing out of the box. You must think global but act local. "Global" is more than just a different language or name and address format. And "local" is more than just aggregation of payroll providers.
It’s the localization requirements such as:
- Tax calculations ensuring you are compliant no matter what country or region you are serving.
And ensuring Usability across the world so that users see:
- Calendars with their local holidays, time zones, and currencies -- information applicable to them and in their own language
As your organization grows around the globe or you want more visibility and control in other countries, we will be able to help make sure they get paid accurately and on time.
Retroactivity payroll calculations
Retroactivity refers to the ability to make employee master data changes prior to the current pay period. Employee Central Payroll then automatically recalculates previous periods and adjusts the results accordingly. Most Employee Central Payroll users find retroactivity to be one of the most useful and powerful features, and at the same time one of the most complex processes. Master data changes that are earlier than the current pay period dates trigger a retro payroll for an employee in the current payroll run. Employee Central Payroll recalculates all payroll periods starting with the earliest payroll period that is affected by this change and pays out or deducts the differences from the current payroll.
Resources to explore
Bureau Veritas business transformation study
Bureau Veritas had a vision to create one HR system for its entire workforce as well as common HR standards. This vision became a reality with SAP® SuccessFactors® solutions.
SAP SuccessFactors Employee Central Payroll overview
SAP SuccessFactors Employee Central Payroll is a revolutionary – combination of proven technology, latest innovations, and service delivery in a solution that represents the next generation of payroll process automation.
Webinar: Building a firm foundation for Core HR
Core HR has always served an important role in helping organisations manage an employee system of record. It's the one place for HR to track and report on workforce data, but in today's business environment is this enough?