SAP People 3.0 for Outsourcing Payroll and Personnel Management

What is payroll outsourcing and why is it important?

Payroll outsourcing is common in companies. It involves subcontracting an organisation's payroll management processes, thus delegating these functions to a specialised management team supplied by a third party. The popularity of this approach has increased considerably in recent times, as it allows key departments, such as HR, to reduce workload and focus on the company's main activity. And it makes perfect sense, especially in the current context of digitalisation. All companies look to be more productive and competitive.

How does payroll outsourcing achieve these objectives? In addition to relieving pressure from some areas, allowing them to focus on other processes, payroll outsourcing has other notable benefits. Let us show you three of them:

• Precision in calculations. Reducing the administrative burden on payroll-related departments results in more accurate calculations and fewer errors when paying salaries and benefits.
• Legal compliance. There are companies that, due to their size or because they do not have a specialised department, have difficulty adapting to changes in payroll regulations. This can have serious consequences in the future, especially if the organisation's taxation vis-à-vis the tax authorities is affected. Payroll outsourcing provides a reliable partner that ensures that companies comply with legislation on payroll.
• Savings of time and money. It's safe to say that, more than an advantage, this is fact. Reducing the time spent on payroll is synonymous with increased productivity and, ultimately, profitability. Applying a technique such as payroll outsourcing is ideal if you are looking to reduce costs.

People 3.0, a payroll outsourcing solution that covers all needs

Payroll outsourcing services need comprehensive, reliable tools, at least if they want to cover all tasks entrusted to them and execute them accurately. To meet these needs, SEIDOR has launched People 3.0. A platform developed by our very own team and based on three main elements:

People 3.0 is based on 3 cornerstones:

• SAP SuccessFactors Employee Central (EC): SAP's HRIS (Human Resources Information Systems) software in the cloud. Using this tool, we can perform activities such as managing user profiles, creating organisation charts and handling company-wide benefits and absenteeism with agility and simplicity.
• SAP SuccessFactors Employee Central Payroll (ECP): SAP SuccessFactors component that uses SAP HCM's proven payroll engine.
• A system of dialogue with the client developed by SEIDOR to guarantee operations and ensure a standard of quality in the level of services.

People 3.0 is scalable and allows new elements to be added to adapt to the client's needs. It also has integrations in the SAP environment, as well as third-party tools. Lastly, because the most recent SAP technology has been used, it features state-of-the-art software.

Opting for a SAP solution and a partner like SEIDOR is a guarantee of continuous support and updates. In addition, it should be noted that People 3.0 was developed by a technical team specialising in systems of this nature, who have worked arm-in-arm with experts in labour services, OHS or human resources, among others.

Everything that People 3.0 can do for payroll outsourcing

People 3.0 is not only scalable, integrable and state-of-the-art. It also contains a series of features and functions that spearhead payroll outsourcing and take it to the next level. Let's take a look at them.

Improve reliability

Reliability in the world of accounting and payroll is a must. It is now easy to implement thanks to well-designed and implemented software tools. People 3.0 is a platform that promotes data accuracy and adapts to regulatory changes so that results are always accurate.

Automation

The People 3.0 automation system allows you to perform actions such as the payroll accounting entry, virtually automatically. Thus, productivity is improved and, at the same time, more accurate results are obtained.

Data analytics

Data analytics is in high demand for all kinds of software solutions for companies. Virtually any activity can be analysed and detailed in reports.

With the statistics of People 3.0 in hand, it is possible to improve business decision-making across the board. For example, optimising the compensation structure or evaluating the effectiveness of training programmes held.

Beyond payroll outsourcing. Human resources and risk prevention

While we have only looked at payroll outsourcing up to now, People 3.0 offers much more. It can be scaled to provide Human Resources solutions, Occupational Risk Prevention and other applications within personnel management. Integration with solutions such as SAP SuccessFactors, the leading HR software.

• Human Resources Management. People 3.0 can be used to manage HR-related functions, from employee training to talent retention.
• Occupational risk prevention. Having a plan that encourages staff health and safety saves many problems. In this regard, People 3.0 has a dual objective, handling related matters in an organisation with its own prevention service and with an outsourced service.

SEIDOR is your reliable partner in SAP and People 3.0 solutions

Our team of specialists works tirelessly to develop the most innovative tools and integrate them into the SAP ecosystem. People 3.0 is an example of this, offering a complete software developed with the specific needs of businesses identified by our experts.

Our Platinum Partner status substantiates our experience in SAP implementations and allows us to offer our clients direct contact with the manufacturer.

We believe in your project, and we want to be by your side to make it grow. Our philosophy is based on direct contact with our clients and accompaniment throughout the entire process. Contact us now and get advice from the leading SAP-based software solutions company.