- Applicant Tracking
- Electronic Signature
- Job Management
- Multi-country
- Payroll Management
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G-P helps growing companies unlock their full potential by making it possible to build highly skilled global teams in days instead of months. Its Global Growth Platform™ pairs the industry’s most compliant Employer of Record (EOR) solutions with best-in-class Payroll ... Read More
Applicant Tracking Systems (ATS) can be incredibly useful in helping recruiters efficiently manage the huge number of applicants they receive. Clients can use an applicant tracking system as a database. Businesses of various sizes use it to organize, find and communicate with big groups of customers. Its primary purpose is to make organizations' lives easier by automating and searching for specific candidates. Applicant tracking software is a system that simplifies the management of job applications. In other words, it helps companies that receive an overwhelming number of resumes each and every day. An applicant tracking system ‘tracks’ these resumes as they come in and allows you to look at them facilely.
Electronic signature is a technology that allows individuals to sign electronic documents and transactions in a legal and secure manner. It eliminates the need for physical signatures on paper documents, making the process of signing and storing documents more efficient and convenient. One of the key features of electronic signatures is their ability to authenticate the identity of the signer. This is done through a combination of methods such as digital certificates, biometric authentication, and IP address validation. This ensures that the signature is linked to the correct individual and prevents
Job Management is a feature that is essential for any software aimed at helping businesses streamline their processes. It refers to a set of tools and functionalities that enable organizations to manage tasks, assignments, and projects efficiently. The main purpose of Job Management is to facilitate the planning, execution, and tracking of various tasks within a project. With this feature, businesses can easily assign responsibilities and track the progress of each task. It also offers a centralized platform where teams can collaborate, share files, and communicate effectively,
Multi-country refers to a situation in which several countries are involved. Various countries and locations are frequently examined. Patterns, similarities, differences, possibilities, and difficulties can all be found in the data and insights gathered. Comprehensive insights for strategic decision-making and business success are among the advantages. Previously, businesses had to be concerned only with the payroll regulations of the country in which they operated. In a worldwide economy, however, many companies employ people from all over the world. As a result, achieving compliant payroll becomes much more complicated. Each country has its payroll legislation, such as data privacy laws and employee benefit standards. These are constantly changing. Businesses with employees in many markets worldwide have a responsibility to ensure that they comply with the most up-to-date norms and regulations.
The payroll management process consists of a series of controlled processes completed in the same sequence each month to establish a payroll cycle. Put another way; the payroll process is all about determining what is owed to employees, i.e., the Net Pay after all applicable tax adjustments and deductions have been made. Therefore, payroll management necessitates cautious and detailed preparation. Changes to details relating to specific employees' payments, assumptions, and other financial payments are reviewed and monitored regularly. There are three primary phases to this payroll management process: before, during, and after the payroll administration.
Reporting is the process of organizing data into informational summaries in order to track how various components of a business are performing. This includes calculating critical data and presenting them in multiple formats, such as an email, a slide deck, or an online dashboard. Reports can be complex and employ several methods. Still, the final purpose remains the same: to make it easy for those analyzing to comprehend what is truly happening within the business. This means that the accuracy of the reports is critical throughout the analytics phase, which focuses on identifying and resolving any issues inside the company.
A database of employees comprises vital information such as each employee's personal information and company-related information such as their pay scale, employment date, and more. In addition, it contains a range of employee personnel fields for HR to refer to, such as name, age, job title, salary, length of service, and so on. Employee database software that works well should be self-service, allowing employees to add and change their data. Employees can keep track of their data, such as the job they've done each day or the hours they arrived and left. Team leaders may have access to information about the employees who report to them, but other sensitive information, such as compensation, can be kept secret.
The process of welcoming new clients, ensuring that their inquiries and concerns are addressed, and delivering new products and services as needed is called onboarding. Depending on the firm, onboarding can take different forms, from welcome calls to user groups to training sessions. Despite the fact that it is commonly viewed as a need to sustain customers and deepen their connections, many firms struggle with the coordination of onboarding procedures and their execution through numerous departments.
Managers plan, coordinate, regulate, and lead operations that assure compliance with laws and standards through compliance management. It is the process of continuously monitoring and evaluating systems to verify that they meet industry and security standards and corporate and regulatory policies and mandates. This entails assessing infrastructure to detect noncompliant systems due to regulatory, policy, or standard changes, misconfiguration, or other factors. Noncompliance can lead to penalties, security breaches, certification revocation, and other company consequences. Staying on top of compliance changes and updates keeps your business processes running smoothly and saves you money.
Contract management is the process of overseeing agreements from their inception to their implementation by the designated party and the contract's final termination. Performance analysis versus contract terms is one of the essential activities, as it helps to maximize operational and financial performance while also identifying and mitigating financial and reputational risk associated with non-compliance with contract conditions. Contract management is divided into a few stages. There's the preliminary stage, often known as the pre-award stage. This is all the effort that goes into preparing a contract for someone, whether it's a company or an individual. The process is rewarded at the midway stage. This includes all of the documents required to complete the deal.
A tax is a governmental mandatory financial charge or levy imposed on a taxpayer to fund certain public expenses. The taxation system is critical for a country's economy since money is required to run the government and handle the activities of the state. The administration of funds to pay taxes is referred to as tax management. Tax management entails timely filing of returns, having accounts audited, and deducting tax at source, among other things. In addition, tax management aids in the avoidance of interest, penalties, and prosecution. The goal of Tax Management is to ensure that the terms of the Income Tax Law and related laws are followed.
Recruitment management is the process of hiring and selecting employees. It comprises responsibilities including posting job advertisements to attract people, updating application forms, and scheduling interviews. A recruitment management system is frequently automated to standardize, simplify, and speed up the recruitment and selection process.
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G-P helps growing companies unlock their full potential by making it possible to build highly skilled global teams in days instead of months. Its Global Growth Platform™ pairs the industry’s most compliant Employer of Record (EOR) solutions with best-in-class Payroll and HCM solutions, making it easy to hire and manage teams in 180+ countries — without setting up entities.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
Researched by Rajat Gupta