Data Consolidation

Taking financial control and keeping the talent within a company that you acquire is vitally important. A key component of an acquisition is maintaining and reporting on the costs of your new business, and with employee related costs accounting for greater than 65% of most companies spend, having access to data across multiple subsidiaries and GL structures is vital. You will have to either take on the existing payroll services and providers of your new organisation or move them off an existing in-house or provider service.

iiPAY’s consolidation solution will enable you to:

• Take on payroll history and provide electronic payslips.
•  Automatically produce GL reports against multiple organisation and GL coding structures.
•  Track the number of employees, including starters and leavers.
•  Improve your payroll compliance.
•  Centralise or decentralise your employee payroll payments.

  The iiPAY solution is a Software-as-a-Service system requiring no local hardware or software, it can be implemented and be operational within six weeks delivering instant visibility and planned payroll transition. Accessible via the internet and therefore users from each business entity can have access to the information, improving the integration of the businesses.

   iiPAY with its partner organisations has in-depth experience of providing payrolls in over 100 countries and our technology incorporates rules to interpret the payroll data from each country, providing your business with a consistent view of all your payroll information.

To find out more about what iiPAY can do for you call +44 (0) 208 144 8760, alternatively email us at: sales@iipay.com