Improving Payroll Accuracy and Reducing Processing Time for a Manufacturing Company
CHALLENGES
Frequent Payroll Errors
Manual payroll calculations resulted in frequent errors, leading to overpayments, underpayments, and employee disputes.
Slow Processing Time
Payroll processing was time-consuming, taking days to complete due to the manual gathering and verification of employee attendance and hours worked.
Automated Payroll Calculations
Accurate and real-time salary computations based on attendance, overtime, and deductions.
Integrated Attendance Tracking
Seamless integration of attendance systems across multiple locations, eliminating manual data entry.
95% Improvement in Payroll Accuracy
Automated payroll calculations eliminated human errors, significantly reducing payroll disputes.
50% Reduction in Processing Time
Payroll processing time was cut in half, allowing faster and more efficient payments.
This case study highlights how stimesERP can revolutionize payroll management for manufacturing companies, leading to improved accuracy and faster payroll processing.