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Manual System
Manual payroll system is the traditional payroll
system which involves pen and ink, adding machine,
spreadsheet, etc instead of computers, software and
other computerized aids. The process was very
popular when there were no computerized means
for payroll processing.
Now-a-days it is only few small scale organizations in the remote areas that use the
manual payroll. Sometimes the construction industry and manufacturing industry also use
the manual payroll systems for the contractual labour, as theses contracts are on
daily/weekly basis.
There is full control in the hands of owner. But the process is tedious, time consuming
and risky as it is more prone to errors.
Figure: Various Payroll Processes
Accountant
Accountant is a professional having a degree/diploma course in finance/accountancy.
He/she is responsible for all the activities related to payroll accounting. He/she has the
sound knowledge of accounting principles and globally accepted standards.
The process adds costs to the organization. It involves paying someone who is
responsible for calculating the salaries of others. The financial control regarding salary
goes in the hand of accountant.
Payroll Software
In today’s computerized environment, payroll system has also developed itself into
automated software that performs every action needed by the payroll process. It helps in
calculating the payable amounts and deductions very easily. It also helps in generating
the pay slips in lesser time. Automated calculations result in no errors. Data is validated
automatically by the software.
It needs professionals to make use of the software for its efficient working.
Payroll Outsourcing
Payroll outsourcing involves a third party (an outsourcing company) in the calculations of
salaries and deductions. The outsourcing organization is responsible for all the activities
of the payroll accounting. It saves time and cost for the organization. If there is more
number of employees (say more than 900-1000) in the organization, payroll outsourcing
would be very much beneficial.
The data is provided to the consultants/outsourcing firms. The various payroll functions
undertaken by the outsourcing organizations are as follows:
1. Payroll
2. Work Time
3. Benefits Administration
4. HR management Information system
5. Recruiting
6. Training/Learning Management System
7. Performance Record
8. Employee Self-Service
The payroll module automates the pay process by gathering data on employee time and
attendance, calculating various deductions and taxes, and generating periodic pay cheques and
employee tax reports. Data is generally fed from the human resources and time keeping modules
to calculate automatic deposit and manual cheque writing capabilities. This module can
encompass all employee-related transactions as well as integrate with existing financial
management systems.
The work time module gathers standardized time and work related efforts. The most advanced
modules provide broad flexibility in data collection methods, labor distribution capabilities and
data analysis features. Cost analysis and efficiency metrics are the primary functions.
The benefits administration module provides a system for organizations to administer and
track employee participation in benefits programs. These typically encompass insurance,
compensation, profit sharing and retirement.
The HR management module is a component covering many other HR aspects from application
to retirement. The system records basic demographic and address data, selection, training and
development, capabilities and skills management, compensation planning records and other
related activities. Leading edge systems provide the ability to "read" applications and enter
relevant data to applicable database fields, notify employers and provide position management
and position control. Human resource management function involves the recruitment, placement,
evaluation, compensation and development of the employees of an organization. Initially,
businesses used computer based information systems to:
Online recruiting has become one of the primary methods employed by HR departments to
garner potential candidates for available positions within an organization. Talent Management
systems typically encompass:
The significant cost incurred in maintaining an organized recruitment effort, cross-posting within
and across general or industry-specific job boards and maintaining a competitive exposure of
availabilities has given rise to the development of a dedicated Applicant Tracking System, or
'ATS', module.
The training module provides a system for organizations to administer and track employee
training and development efforts. The system, normally called a Learning Management System if
a stand alone product, allows HR to track education, qualifications and skills of the employees,
as well as outlining what training courses, books, CDs, web based learning or materials are
available to develop which skills. Courses can then be offered in date specific sessions, with
delegates and training resources being mapped and managed within the same system.
Sophisticated LMS allow managers to approve training, budgets and calendars alongside
performance management and appraisal metrics.
The Employee Self-Service module allows employees to query HR related data and perform
some HR transactions over the system. Employees may query their attendance record from the
system without asking the information from HR personnel. The module also lets supervisors
approve O.T. requests from their subordinates through the system without overloading the task
on HR department.
Many organizations have gone beyond the traditional functions and developed human resource
management information systems, which support recruitment, selection, hiring, job placement,
performance appraisals, employee benefit analysis, health, safety and security, while others
integrate an outsourced Applicant Tracking System that encompasses a subset of the above.
This information now triggers a series of events that ensure that the book is
delivered. What is management information system going to do with the data?
The shipping department needs the order information so it can find the book
and ship it.
It also needs to update inventory records to reduce the number of available
books by one.
This might also trigger the inventory department to order more books as this
was the last item in stock.
The accounting department has already verified that your credit card is OK so
they send a confirmation of the order, or invoice, showing how much you
paid; and
The shipping department ships the book and sends a tracking number.
There is also a lot of other operational information gathered during this process that
is used to evaluate order shipments and help streamline the process if needed. It is
important to know what is management information system capabilities so as to
help define business intelligence reporting requirements.
Work order management and time reporting. Most companies capture data
needed to evaluate what it costs to build products or deliver services. This
data might be required for internal use, to improve efficiency, or project time
and material reporting might be required to support client billing;
Summary
Most companies have some common information requirements and others have
industry specific requirements.
Research results For MIS FOR
PURCHASE DEPARTMENT
purchase Manual
Dear Hari I will prepare purchase manual for your company. It will cover
objectives of purchase department MIS reports of Purchase department of
purchase department and so on. If required I will conduct the training on
these subjects also. However my services will be paid one. Please confirm
from the decisionmakers of your company whether they would like to avail
of my services. Thanks IDinesh V Divekar/I Management & Behavioural
Training Consultant Bangalore 560 094 91 9900155394 ILimit of y...
Discussion in CiteOps.com
Managerial Skills
Hi I hope this could be of some use to you. Have a nice time. Dear sir
Kindly send draft IOM from Purchase department to Account Department
regarding declaration of bills submission.
Discussion in CiteHR.com
Purchase department
Now I am working in Purchase Department Monthly once what report I have
to sumbmit? MIS COST CAN GIVE ME?
Discussion in CiteHR.com
Managing Address
I am lookin purchase department in our company. Can anyone suggest how
to manage all company name address eqiuipments quotation details at
glance. I ll be thankful. Shyam Kulkarni 09909990162
Discussion in CiteSales.com