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How Analytics helping orgnizations

Visual representation of processed data has become very helpful for the organizations to win the race and to get an advantage over the competitors. These days in almost all the fields, competition among the organizations is very high. Organizations are working hard to become # 1.

Followings are few benefits of analytics:

Using analytics user can understand the whole picture in one look, thus it provides accuracy and saves time.

Analytics help to make right decisions at right time.

Analytics can help to determine how much of your mission is accomplished and how much of your target is achieved.

Organizations, using ERP Software, Accounting Software or other software like HR and Payroll Software are generating more revenue and profit than the competitors. And if the software is easy to use, loaded with the beautiful graphical user interface and analytics then it is adding more to organization’s overall performance.

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UAE Payroll ingredients and Payroll Software

Payroll is defined as total amount to be paid to employees during a week, month or another period. There are companies, still processing payroll manually but most of the companies now using different payroll software. Payroll process varies from company to company and from country to country as it depends on certain rules and laws of country and company’s internal rules etc.

Payroll Software is helping the companies of small, medium as well as large size to process the payroll conveniently, while saving time and cost, reducing the chance of error or mistake, that results in a rise in productivity.

UAE payroll consists of the following

  1. Net Salary (Basic Salary + Accommodation Allowance + Transportation Allowance)
  2. Other Allowances (Mobile, Schooling and Overtime etc)
  3. Deductions (for being absent or being late etc)
  4. Expenses
  5. Loans (there are many companies, giving loans to the employees and then employees bay back from salary or as per agreement)
  6. Gratuity (this becomes part of payroll if an employee resigns or is terminated etc)
  7. Then comes the generation of SIF (Salary Information File) containing the salary information, Bank details etc of employees and information related to employer and the Bank details of the employer. This SIF is sent to the bank and the bank transfers salary into employee’s bank account.

Inteslar a leading Software Solutions Provider, offers HR and Payroll Software that is fully compatible with Wage Protection System (WPS) of United Arab Emirates specifically, but this comprehensive HR and Payroll Software is flexible enough and can be customised to fulfil the requirements of other countries as well.

Inteslar’s VAT enabled ERP Solution makes this HR and Payroll Software more useful. Business Intelligence and Analytics is one of the value-added features that make Inteslar’s Software more prominent in the software trading companies, as the dashboard is loaded with the graphical representation of the payroll data. So in one look user can understand how much the company is paying to each employee.

Inteslar ERP Loaded with Employees Appraisals, Promotions and UAE Payroll Now

Inteslar Software Trading, a Software Provider, introduced the latest version of their best software, inteslar ERP, by customizing ODOO ERP. The global enterprise resource planning solution (ODOO) in use today by thousands of companies.

Inteslar ERP incorporates new capabilities like Employees Appraisals, Employee Promotions, Payroll as per UAE law as well as new Business Intelligence (BI) and visual analytics capabilities delivered via inteslar Data Discovery (IDD), as these featured were not included in previous versions.

IDD doesn’t just provide real-time information for customers into their business in a visual way. Users are able to modify graphics and charts to highlight new insights. Each dashboard is customizable to the relevant user, allowing personalization of dashboards down to individual users.

inteslar ERP is available in cloud and on-premises, inteslar ERP Solution features integrated mapping to support optimized scheduling and dispatch, and robust workflows to automate processes for asset management, contract, warranty and Service Level Agreement (SLAs), and management of service inventory.

 

“Companies those are using latest technologies in cloud, analytics, and employee experience will be growing and responding to the new challenges of tomorrow while achieving a competitive advantage now”.

Looking for more? Visit our website to compare this comprehensive ERP System with top ERP software vendors! Since the inteslar ERP System is module based so all the modules and sub-modules are listed on the website.

And don’t forget to follow us on Twitter, Facebook, and LinkedIn for all the latest in the ERP space!

Steps for on time and cost-effective recruitment

The process of hiring best candidate either from within an organization or from outside, for an opening on time and in a cost-effective way is called recruitment.

Normally recruitment process consists of following steps

  • List requirements for a job position
  • Advertise new opening
  • Attract and invite candidates
  • Screening the candidates
  • Schedule interviews
  • Evaluate
  • Make decision
  • Job Offer
  • Contract signing
  • Joining
  • Integrating new employee to the organization

List requirements for a job position

This is initial and most important step in recruitment because this is base for whole recruitment process, so one should be very careful while listing job description and requirements for a job position.

Advertise new opening

In this step, an ad is posted in different job portals like linkedin, naukrigulf.com, indeed.ae, newspapers etc

Attract and invite candidates

One can share job ad in social media, in different groups etc

Screening the candidates

This is backbone of successful recruitment process, screening of right candidate will save time and cost

Schedule interviews

This stage includes making calls, sending emails etc to the screened candidates and schedule interviews. There could be multiple interviews for one job position from same candidate, it varies in various organizations.

Evaluate

This step consists of the evaluation of the candidates based on the interviews.

Make decision

Based on evaluation responsible persons can decide whether a candidate to hire or not.

Job Offer

 If a candidate is decided to be hired then job offer letter is sent to that candidate through email etc.

Contract signing

If candidate accepts the job offer then a contract is signed between the organization and candidate

Joining

Then candidate is converted to employee after joining

Integrating new employee into the organization

After joining employee is integrated into the organization, responsibilities, and tasks are handed over and assigned.

What if an organization or a person who is responsible for the recruitment process of the organization gets everything in one basket? Amazing . . . is not it?

A leading IT Solutions Provider in UAE called “inteslar” offers a module based ERP system that is fully compatible with WPS and recently implemented VAT System in UAE. Recruitment is also part of HR module of this wonderful VAT enabled ERP Software Solution.