PrimePayroll® is an enterprise scale web based solution for computing and processing payroll. It has features that ensure it meets the business and compliance objectives of any organization. PrimePayroll® can be deployed in singleton instance mode or in an on-demand mode for any business. In singleton mode, the solution is fully deployed for you in your own environment, while in on-demand mode, you will enjoy the benefits of primepayroll as a service by subscribing to our online grid system.
PrimePayroll® has the following features; Payment and reconciliations, payment advise or bank schedule auto generation, automatic pay slip generation for staff, functional regulatory reports such as PAYE, Pensions and Insurance reports with dashboards pointing and highlighting key measures of productivity and indicators, and direct credit to staff bank accounts through the Interswitch Payment Gateway API. PrimePayroll® can handle complex salary structures and can handle any TAX laws for any country using its custom JAVA™ classes and leveraging on RTTI and Reflections. In Seamfix, our solution consultants have worked to perfect the functions and routines used to compute the numbers involved in presenting a compliant and accurate payroll solution for businesses and institutions. PrimePayroll® is guaranteed to deliver increased efficiency and measurable cost savings to your business. The architecture for this solution makes it suitable for organizations seeking to run robust payroll application software in an on-demand SAAS model.
Why your enterprise needs PrimePayroll®
It is a daunting challenge to calculate PAYE tax, salary advances, maintain salary mappings, and compute pensions with cooperatives deductions and variations for thousands of employee records. This will always involve:
- A lot of human resources (4 or 6 people)
- A lot of time (days if not weeks)
- A lot of avenues for computational mistakes and errors
- Possible duplicate records/payments and ghost employees
PrimePayroll® reduces this pain to two resources (Working with a 2 stage approval process), reduces the time to minutes for thousands of records and increases accuracy and delivers direct credit to accounts!
Key Selling features
Flexible Tax systems:
PrimePayroll® is equipped with the capability to support multiple tax laws. This flexibility comes due to the fact that loose coupling design pattern was inbuilt in the architecture. Seamfix consultants are able to implement the PrimePayroll® solution with the Tax law applicable to your business. The flexibility allows for multiple Tax laws to be supported.
Electronic Payment Integration:
With PrimePayroll®, there is a possibility of executing the payment advice to achieve direct credit of staff bank accounts. This ease is delivered through integrations with the revolutionary application programming interfaces used to achieve banking operations leveraging electronic switch infrastructure within the country like Interswitch.
PrimePayroll® payment engine can integrate via SOAP through the Interswitch Payment Gateway API or any other SOAP integration calls suggested by the switch to achieve smooth direct credit of salaries for staff
This way our customers have the flexibility of selecting multiple funded accounts as sources of debit, bank account(s), and with the help of the payment engine within PrimePayroll®, there is a direct credit of employee accounts and SMS and email alerts, if the bank accounts are configured with these features.
The added advantage is that payroll officers and accountants are able to effect payment of salaries even on last days of the week, when the account officers of banks are very busy. There is absolutely no human interference in the payment process once the necessary approvals have been given. This is why PrimePayroll® delivers efficiency to your enterprise!
Custom tailoring to Specific Business Rules:
For certain PrimePayroll® deployments, we customize the flow of the software so as to tailor it to meet some complex and challenging business requirements for our customers. This value is a benefit you can enjoy and is obviously a very important point you may want to consider during your choice of an enterprise scale payroll solution.
Reports and digital Dashboards:
Some of the reports available in PrimePayroll® include the following below;
- Pay Slip
- Executive summary
- Summary listing of earnings
- Detailed payroll department, bank, and grade
- Statutory deductions
- Pensions summary
- Tax deductions
- Outstanding deduction/payment
- Cash salary remittance list /
- Bank remittance list / Payment Advice
- Staff list alphabetical, departmental and grade
- Payoff listing
- Leave view report
- Salary comparison report
- Attendance time report
- Overtime report
PrimePayroll® Payroll Outsourcing
Businesses may decide to outsource their payroll functions to our in-house Seamfix payroll outsourcing service which operates like a Payroll service bureau or a fully managed payroll service. These can normally reduce the costs involved in having payroll trained employees in-house as well as the costs of systems and software needed to process a payroll. In many countries, business payrolls are complicated in that taxes must be filed consistently and accurately to applicable regulatory agencies
Another reason why you may outsource to Seamfix is because of the ever increasing complexity of payroll legislation. Annual changes in tax codes, Pay as you earn (PAYE) and National Insurance bands as well as statutory payments and deductions having to go through the payroll often mean there is a lot to keep abreast of in order maintaining compliance with the current legislation. Our consultants have this expertise so you don’t have to create and maintain this at a cost!
Conclusion and Derived benefits
PrimePayroll® is one of our well written and robust application software running within the Orbita® portal framework. There are certain hidden benefits to your enterprise enjoys deploying the Seamfix PrimePayroll®, they include assured identity driven enterprise, security, audit trailing and performance monitoring, N-Stage Approval Chains, Automatic Bank Integrations, Report Dashboards, and Customization to core business rules on request. Seamfix’s Department of measurements and results (SDMR) will always ensure benefit realization is measurable and will show clearly how PrimePayroll® creates a positive ROI for your business. PrimePayroll® is scalable and will grow with your business to any level.
Click here to Contact Us, today for consulting, support and pricing so that PrimePayroll® can do for you what we have done for our customers. Click here to Download PrimePayroll® product Guide