HR MANAGEMENT

Payroll
Staff Scheduling
Staff Budgeting
Human Resources

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ORMED MIS™

Human Resources Management

Payroll

No other HR responsibility is as likely to cause waves of dissatisfaction as the payroll system. Unmovable deadlines and a zero margin for error put a premium on its accuracy and dependability. It must be stringent to meet all legal and reporting requirements yet flexible to accommodate multiple labor contracts and employment understandings.

To achieve efficiency and accuracy, best practice calls for minimizing the amount of manual intervention required. That’s where an automated, integrated, industry-hardened software solution can be invaluable.

Did you know?

Best practice companies in the Fortune 1000 spend $85USD per employee per year on payroll; others spend as much as $715USD (Source: Business Finance, April 2003).

A Payroll cheque costs an average $1.07USD and a direct deposit costs an average $0.05USD (Source: American Bankers Association).

The crown jewel of Ormed’s Human Resources Management suite is our Payroll application, with a processing engine that automates all aspects of complex pay and benefit calculations, assuring staff that calculations are accurate. The software has been strategically designed to be flexible enough to accommodate a variety of intricate labor contracts and employment arrangements and yet still minimize the amount of manual intervention required.

• Powerful, flexible, table-driven Payroll processing engine
• Process payrolls across multiple computers
• Effortlessly manage pay rate changes with automated seniority and calendar incrementing
• Create large, easy-to-read pay code descriptions
• Automatically calculate shift and statutory holiday premiums
• Quickly setup an unlimited number of benefits and deductions
• Automatically process retroactive pays
• Perform reversals, adjustments, and exception pay processing
• Post direct deposits to any bank account
• Customize employee deposit slips
• Calculate employee sick, vacation, leave, overtime, and seniority bank balances
• Manage employee receivables
• Administer pension plans
• Access historical timecards, registers, journal entries, and checks online
• Summarize balances in seconds
• Easily generate regular and ad hoc reports in seconds

• Accommodate employees who work multiple rotations

• Accommodate employees who work multiple shifts on any given day

• Manage employee-specific earnings and deductions
• Access employee vacation, sick, overtime, and seniority bank information
• Review historical time cards and pay slips

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One thing I love about the system is that the tools are so neat and easy. All the tables are shared and the integration among the products couldn't be better.

Susan Yurkiw,
MIS Manager

The power of integration:

Integrate Ormed Payroll with the following ORMED MIS applications to experience a significant increase in efficiency, data accuracy, reporting ease, and decision-making capability:

General Ledger

Discovery EISbusiness intelligence software

Accounts Payable

Accounts Receivable