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1. Microsoft Dynamics NAV

2. Outsourced
HR Activities
Recruitment
Payroll
Management
Talent
Management

3. Payroll
Management
Stipulating
salary
Integrating
Holiday pay
Insurance,
Pension
Benefits,
PF etc.
Taxes

4. Cost cutting for large
companies
No difference in costs to
outsource payroll activities to HR
consultancies for mid-sized
companies
Pre-employee set-up
charge paid to HR
Consultants
The payroll amount (including
taxes) has to be transferred to
the consultancy’s account
before the pay date so that the
employees receive their pay
on time
By retaining the payroll
function the total amount can
be kept in interest bearing
account till the pay day to earn
income on the idle cash.

5. Dynamics
NAV
PayRoll
Module
Position
Manageme
nt
Recruitment
Pay
Structure
General
ledger
Integration
Multiple
Bank
Accounts
Payroll
reporting
Security

6. Post payroll details directly to the ledger
Manage employee details
Insert customized payroll control such as expenses, hours, earnings etc.
Manage employer expenses
Track and calculate commissions

7. Insert pay advice messages
Manage multiple bank accounts
Manage multiple companies
Secure operations that allow only the authorized personnel to access data
Post liabilities to purchases and payables automatically
Define pay scales (full time, part time or casual employment)

8. Dynamics NAV
Payroll Module
Simple
/Complex
payroll
managed
Insight on
payroll
expenses
Fully
automated
payroll process
Less training
Better ad-hoc
reporting

9. Dynamics NAV
Payroll Module
Integration
HR functions
Job costing
and General
ledger
Automatically
updating the
payroll
related areas

10. Managing
Payrolls
• Manage simple as
well as complex
payrolls
• Manage different
criteria such as
holiday pays, taxes,
annuities etc.
Control over
Payroll Expenses
• View Payroll
expenses, different
payment types
• Analyze payroll
expense with respect
to business
departments,
location, project etc.
• Categorize pay type
into into earnings,
accrual, allowance,
deduction etc.
Automate Payroll
process
• integration of the
payroll process with
the various HR
functions
• Automatic entries into
the general ledger
journals, reflect time
sheet results on the
payroll, assess
job/project costing,
leave entitlement
accrual etc.
Reporting
Advices
• Email customized pay
advices to individual
employees or groups
• Employee time
management system
reports can be
integrated with the
payroll function to
correlate work hours
with pay

11. Can be managed by a single manager in the office
Requisite information simply needs to be inputted on the system
for analysis and calculations
Offers better control
Reports are concise and lucid so that at a glance a company
performance overview can be made

12. You can read the complete article
on:
http://www.metaoption.com/Ser
vices/Dynamics-CRM.aspx