PayMIS is used by professional payroll staff (including Shared Services) and financial analysts to ensure that all employees are paid consistently on a period to period basis. PayMIS interrogates your payroll data and presents anomalies and unusual trends in a simple user interface, enhanced by complex and detailed statistical reporting, so issues can be targeted and corrected quickly.
PayMIS has been specifically designed to ease the day to day management of your payrolls to ensure cost savings can be instantly made in both monetary and human resources terms.
PayMIS utilises the payroll results from multiple payroll runs (from any period present in your system) and compares these; detailing all payments, allowances, deductions and statutory balances, highlighting any potential issues, within dynamically definable tolerances.
PayMIS compares the payroll run data, through unique inbuilt functionality, at an individual employee level within an organisation. Through a clear and simple user interface, it allows a user to view the results, starting at summary level and drilling down to search for specific employees, to prove payment accuracy is maintained. It can show that the payroll function is not impacted (or is impacted as intended) by events such as pay increments, and changes to taxation legislation.
PayMIS can be used to facilitate detailed data and statistical analysis and reporting of your employee data (including by location, department, grade and job). Period on period tolerances can be dynamically adjusted to instantly highlight anomalies or unusual trends within your payrolls, allowing you to target the serious issues quickly and effectively.
Statistical graphs of allowance and deduction usage can be easily produced to enable payroll professionals to quickly spot groups (such as by department, job or location) or single employees that require further investigation. PayMIS gives payroll professionals the ability to identify and correct payroll issues prior to the submission of BACS files, therefore virtually eliminating over and under payments.
PayMIS provides the facility to analyse expense and absence payments to easily identify areas of high cost within your organisation in order to initiate cost saving incentives.
Delivered with PayMIS is a 'Custom Report' module that allows customers to define reports specific to their organisation. Where these maybe complex, Egress will build the reports on behalf of the customer.