Universities dispose of a modern payroll solution | SIVECO Romania

Universities dispose of a modern payroll solution

Thursday, March 18, 2010

The Payroll Management Component of SIVECO Romania complies with the legislation applicable to every category of personnel.

Bucharest, 18 of March 2010 - Salary rights, history of remunerations and of material benefits, the situation to date of teaching staff holidays, of auxilliary staff and of administrative staff can be calculated quickly, correctly and easily due to the Component of Payroll Management for the Staff in Universities, within the integrated information package SIVECO Applications 2011.

The Component of Payroll Management for the Staff in Universities is a performing product, providing the possibility for drafting laborious reports, such as the salaries summary report (containing all the identification elements, number of paid employees, components of gross salaries per desks, faculties, departments, offices, compartments), filled in payrolls, payroll for PHD. applicants, list of medical leaves, telly sheets from different banks, summary report per payment categories (teaching satff, chancellor's office, administrative staff_TESA), notes of deductions, lists of holidays per certain time periods, all statements to the state budget (CAS-social insurance tax, unemployment tax, health insurance), statistical statement, summary report with salaries per faculties, depending on the norm, cumulated and hourly rate payment, income from research projects.

The IT solution is configurated in such a manner that the calculation of salaries and other forms of remuneration take into account the income sources from where the employee is remunerated, as well as the legislation applicable to each staff category.

The Component of Payroll Management for the Staff in Universities is suitable to be integrated with other software applications existing at the beneficiary, such as Human Resources Management, Financial-Accounting Management, Maintenance Management, Inventory Management, Fixed Assets and Inventory Objects Management.

"Investment in specialized software occupies an important position in the development strategy of the Romanian higher education. Based on a thorough study of the university environment and of legislation regarding payroll of teaching staff. The Component of Payroll Management for the Staff in Universities within the integrated package SIVECO Applications 2011 brings together, in a flexible product, the expertise and innovation of SIVECO Romania's specialists. The payroll component that touches on the specific area of the univeristy environment becomes therefore, a tool adviceable to all higher education institutions concerned with reaching performance", said Gabriela Ichim, Project Manager, within SIVECO Romania.