Fragmented global gross time and pay systems are a gamble when it comes to accuracy and compliance
Take a moment, close your eyes, and picture your organization’s entire gross pay ecosystem on a map. How many vendors do you see? How many different systems are solving the same problem in a slightly different way, in different locations across the globe? If you are like most large multi-national organizations, you probably saw between ten to fifteen time management solutions; local, home-grown implementations, point solutions, and the dreaded excel-based spreadsheets – just to track time. These systems likely feed yet another layer of ad-hoc business processes and outsourced vendors to then run payroll. Why? Because it doesn’t seem possible for a multinational organization to use one system to support the numerous variations of rules and regulations globally.
As a result, companies typically end up with automated gross pay implementations in their largest regions, while smaller branches rely on these one-off systems and solutions to get by. Often, this is prohibitively expensive, and fails to provide businesses with real time data that enables insight-driven decisions. Assurances of compliance are little more than a game of chance. Will it work, or not? Occasionally these jumbled-together solutions can work – but more often than not, no dice.
Most would agree that compliance roulette is a risky game to play for global enterprises. But what if there was a way to consolidate time capture, run payroll, improve visibility, increase accuracy, and reduce costs all-in-one? Here’s how to put the odds back in your favor:
Enter Time Intelligence®
Time is no less valuable than money, people, or intellectual property, and must be acknowledged as a vital strategic asset. Replicon enables businesses to take this asset and maximize employee productivity, engagement, and business profitability. Time Intelligence is time management for the 21st century: a new way of tracking, analyzing, understanding and thinking about employees’ time. Replicon’s unified Time Intelligence® Platform provides centralized visibility and control over enterprise global time and gross pay to help businesses gain competitive advantage. With local compliance assured via global administration, you can stop gambling on coverage.
It’s been said that the only thing more expensive than compliance is non-compliance, and it’s difficult to deny. When organizations must comply with applicable local, regional, national, and international regulations, compliance is a major challenge. The inability to adhere to these regulations can lead to financial repercussions, impact your brand/reputation, and strain the relationships between management and employees.
Replicon’s platform was designed to ensure compliance. By continually updating our global, pre-configured rules library, we simplify compliance for your diverse workforce in every country. Our real-time compliance dashboards enable your business to monitor continued adherence to local pay rules and regulations, with you as the dealer.
Mobile and Deskless Workforce
Overseeing a remote, field-based workforce can be demanding without a solution that is enterprise mobile-ready. Payroll accuracy, transparency, and workforce availability all rely on complete and accurate time information from your workforce. With over one billion workers now performing physical or deskless work globally, a system built without them in mind stacks the deck against you from the start.
Replicon is the ace up your sleeve. The native Android and iOS mobile applications provide a slick interface to our Time Intelligence® Platform, enabling organizations to securely manage their employees in real-time. Utilize AI-powered self-service capabilities like intelligent chatbots, facial recognition, and touch ID to achieve unobtrusive, accurate, and secure time management.
Up the Ante with Time Intelligence
Ultimately, there’s only one game of chance worth playing: Replicon is giving away an Apple Watch every hour on the hour at this year’s HR Technology conference in Las Vegas! Come meet the team, join our raffle, and learn how Time Intelligence® is transforming global time and gross pay to put you in the winning bracket.
Visit Our Booth:
Stop by booth #1516 to see how Replicon’s Time Intelligence® platform elevates time management to the next level. Ask a solution expert how leading companies are reaping the benefits of treating time as a strategic asset. We’d love to meet you!
Enter Our Raffle:
Visit us at our booth #1516 to enter Replicon’s raffle extravaganza. The sooner you drop by, the more chances you have to win!
Get a Customized Demo:
Let’s make it all about you! Learn about Replicon’s Global Time and Gross Pay solution, built on our Time Intelligence® platform. See how we can support your:
- complex gross pay & absence rules
- global compliance
- mobile and deskless workers
- enterprise time management
Can’t wait? Contact us now to get a customized demo. Hope to see you there!