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Microsoft Dynamics AX HR and Payroll Offer a Well-Rounded Benefits For Your Organization

Payroll

The human resources department within any organization is highly critical to the organization as a whole. Its many functions serve as a supportive background for the company by providing everything from skilled and talented labor to management training services, employee enrichment opportunities and more. Since labor is the single largest expense for most organizations, human resources helps companies to derive the greatest value from this important asset.

In order to function optimally, however, human resources departments must have the right tools and resources in place. Microsoft Dynamics AX HR and Payroll can help you on this part, it can be utilized within the department to help human resources employees and managers improve their productivity and the results of their efforts.

Microsoft Dynamics AX HR and Payroll provides different benefits:

  • Expedition of recurring tasks through automation
  • Speedy on boarding due to mobile accessibility (Self-Service Portal)
  • Reduction of paper and related materials and storage – often yields cost savings
  • Ease in distributing up-to-date materials regarding company policies and procedures
  • Potential for greater employee engagement through self-service options
  • Streamlining of open enrollment for benefits
  • Empowerment of employees to change benefits information directly as changes occur
  • Improved collaboration throughout organization, even when there are multiple company locations
  • Reduction of errors in payroll and employee information database
  • Improved time and attendance tracking abilities and accuracy
  • Decrease in compliance woes aided by alerts and automatic reporting options
  • Ability to make more informed decisions in real time through the use of analytics and integration of organizational data

Improving HR Productivity

While the Microsoft Dynamics AX HR and Payroll features, benefit the organization in many ways, one of the most important of all benefits relates to the ability to improve productivity of human resources employees. These systems are highly detailed, and they are designed to enhance and speed up the efforts of HR employees in a number of ways.

Microsoft Dynamics AX HR and Payroll can also be used to improve productivity related to financial management through payroll processing tasks and benefits administration. These and other related tasks may require numerous hours of manpower each week, but the time and effort required to complete them can be drastically reduced when some of the tasks are automated through this system. Tasks that may have required many hours of labor may become tasks that can be completed quickly and easily – or sometimes even automatically – with the software program.

Reducing Errors and Maintaining Compliance

Many HR tasks are highly regulated, and because of this, even a minor error on the part of a human resources employee could result in considerable legal issues and even financial loss for the company. When considering Microsoft Dynamics AX HR and Payroll benefits for your organization, the ability to reduce these and other related errors associated with human oversight or other factors can be considerable. Furthermore, additional Microsoft Dynamics AX HR and Payroll benefits relate to compliance issues. Some software programs are designed to review compliance with specific rules and regulations—this makes it easier to ensure that your company is in compliance with these laws and regulations, which can improve company reputation as well as avoiding penalties.

Performing Analyses

Performing analyses and reviewing metrics associated with various aspects of the organization can assist with better decision making and can help with spotting patterns. For example, the human resources department is responsible for analyzing hiring costs and for calculating the turnover rate in different departments. The results of these calculations may be used to make important business decisions and to develop strategies to move the organization forward along a successful path.

Microsoft Dynamics AX HR and PAYROLL analytical tools give HR employees the ability to perform many pertinent calculations with speed by collecting the data needed within a short period of time and then analyzing all of the data in a concise and effective manner. Some software programs are designed to create professional reports on metrics and analysis that can allow HR professionals to spot issues at a glance.

Microsoft Dynamics AX HR and PAYROLL can provide a lot of benefits that companies can begin to enjoy immediately once the system has been implemented. It also supports local labor laws and regulation for Gulf Countries such as Saudi Arabia, Bahrain, United Arab Emirates (UAE), Oman, Qatar and Kuwait. There are several different types of HR and PAYROLL systems that can be purchased and implemented, and each may offer different features and functions, but with HR and Payroll system for Microsoft Dynamics AX, it is ALL-IN-ONE system that you’ll ever needed.

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