HR tech provider Allsec Technologies has signed a deal with Samsung to provide the multinational conglomerate with payroll systems across 28 countries.
Allsec’s software, which supports mobile apps, bots, smart analytics and digital statutory tools, will enable the South Korean giant to process payroll, reimbursements and payroll-related taxation by integrating with Samsung’s current enterprise resource planning systems.
Jagadish Ramamoorthi, co-founder and chief executive of Allsec Technologies, said: "Though each country has its own payroll policy and taxation laws, Allsec will pick up respective employee data through an RPA-automated [robotic process automation] interfacing capability and enable a standardised self-service portal for all Samsung employees. All this while aligning with the legal taxonomy and ensuring consistency in delivery.”
He added that Samsung would have access to customised software enabling users to view payroll data integrated with staff time sheets. They would also receive international advisory support in case of payroll-related compliance issues, along with a range of other services, according to Times of India.
Emma Woollacott is a freelance business journalist. Her work has appeared in a wide range of publications, including the Guardian, the Times, Forbes and the BBC.
OTHER STORIES THAT MAY INTEREST YOU
ADP and Kronos unveil blockchain payroll product strategies
UK's Moorepay to invest £100m in Salford in bid to boost growth
HR tech provider Allsec Technologies has signed a deal with Samsung to provide the multinational conglomerate with payroll systems across 28 countries.
Allsec’s software, which supports mobile apps, bots, smart analytics and digital statutory tools, will enable the South Korean giant to process payroll, reimbursements and payroll-related taxation by integrating with Samsung’s current enterprise resource planning systems.
Jagadish Ramamoorthi, co-founder and chief executive of Allsec Technologies, said: "Though each country has its own payroll policy and taxation laws, Allsec will pick up respective employee data through an RPA-automated [robotic process automation] interfacing capability and enable a standardised self-service portal for all Samsung employees. All this while aligning with the legal taxonomy and ensuring consistency in delivery.”
He added that Samsung would have access to customised software enabling users to view payroll data integrated with staff time sheets. They would also receive international advisory support in case of payroll-related compliance issues, along with a range of other services, according to Times of India.
Emma Woollacott is a freelance business journalist. Her work has appeared in a wide range of publications, including the Guardian, the Times, Forbes and the BBC.
OTHER STORIES THAT MAY INTEREST YOU
ADP and Kronos unveil blockchain payroll product strategies
UK's Moorepay to invest £100m in Salford in bid to boost growth
