The Client

A local bank in singapore with 8200 employees

Outsourced its payroll services to excelity in sept 2006. Continuous 9 years of stable relationship with 2 contract renewals and service

Service extension to include malaysia payroll

The Challenge

The organization was on a lookout for a reliable partner who could advise and execute a standardized payroll policy that should be able to manage their multiple inbound & outbound interfaces. This included their PeopleSoft HRMS system along which came with extensive and complex payroll reporting needs.

Solution Offered

  • Implemented phase one of payroll in the fall of 2006.
  • More than 20 extensive and customized reports and interfaces were created
  • Defined Interfaces from current PeopleSoft HRM system for Master data and claim transactions with interfaces which went back to in-house Loan management system and SAP Financial system for salary posting
  • Straight to Process’ method implemented for payroll processing. In this, all inputs through interface is sent directly to the payroll engine for processing ensuring zero errors

The Excelity Edge

  • Smooth Transition from client’s PeopleSoft to SAP HRMS
  • Automated file transmission processes (SFTP) for efficient and effective means of receiving and sending inputs and outputs
  • Productivity benefits were enhanced via automation of most of the manual calculations
  • A partnership that is continuously evolving for the last 10 years

Insights and Resources

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