BANGALORE: PeopleSoft Inc. has included India in its expansion of its geographic capabilities for Global Payroll. It has also included the Netherlands, Malaysia, New Zealand, Singapore and Brazil. The latest version of the solution, PeopleSoft 8.8 Global Payroll extensions for these countries are expected to be available early next year.
"Many global companies are looking to streamline their payroll function by consolidating to a single platform. Organizations need the ability to quickly deploy country functionality to increase the efficiencies and effectiveness of their global payroll infrastructure," said PeopleSoft META Group, senior program director for Application Delivery Strategies, Ron Hanscome.
PeopleSoft Global Payroll is the only solution that can administer and consolidate pay information across multiple geographies and workforces on a single database. As a result, payroll information is more accurate, timely and serves both the country-specific requirements as well as corporate reporting and regulatory needs.
The PeopleSoft Global Payroll engine provides complete control over the most complex payroll processes including absence management, regulatory, and statutory requirements. PeopleSoft's Global Payroll has a flexible rules-based engine that allows organizations to implement company-specific payroll features and functions, without substantial technical involvement.
"Global organizations demand scale and speed, and PeopleSoft Global Payroll continues to meet and exceed the challenge. Organizations choose PeopleSoft Global Payroll because it delivers the flexibility, functionality and scalability required to reduce costs and improve efficiency," said, PeopleSoft Human Capital Management, VP and General Manager, Doug Merritt.
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