FlexiEPM is an advanced HR controlling module that comprehensively supports compensation planning and personnel cost management.
With built-in mechanisms, you can easily prepare a complete compensation budget, plan company-wide or individual pay raises, and manage all elements of the remuneration process using intuitive templates tailored to your organization’s structure.
FlexiEPM also supports budgeting for all other pay components, offering both flexibility and precision. It’s a powerful solution that gives you full control over HR budgeting, ensuring accuracy and transparency in compensation and personnel costs.
FlexiEPM is a powerful tool for effective pay raise planning — a key element of HR budgeting and forecasting.
The system enables flexible creation of compensation models tailored to the organization’s structure, allowing both individual raises (linked to promotions or performance evaluations) and general increases defined by corporate pay grids.
FlexiEPM integrates compensation planning with reporting processes, ensuring automation and transparency at every stage. It supports your organization’s compensation strategy and seamlessly connects with workforce planning and overall personnel cost budgeting.
FlexiEPM provides precise forecasting and management of bonus and incentive costs. You can replicate your company’s compensation policies and plan bonuses for different periods — monthly, quarterly, or annual.
The system supports both accrual-based (for reserves) and cash-based (for payouts) recognition of bonuses, offering flexibility in financial reporting and control.
With preconfigured planning and calculation models, you can reflect the terms of quarterly or annual bonus schemes. Based on this data, the system automatically calculates each employee’s budgeted bonus, providing full control and visibility over total incentive costs.
FlexiEPM comprehensively manages personnel costs within HR controlling, fully aligned with your organization’s compensation policies.
It enables detailed budgeting and forecasting of various pay components such as allowances, overtime, equivalents, and lump-sum payments, using fully configurable planning rules.
Advanced indicators and parameters — customized for job types and budget classifications — allow for the creation of precise compensation planning models. As a result, the process becomes more efficient, accurate, and fully aligned with your company’s requirements.
FlexiEPM automates the calculation of employer-related costs such as social and health insurance, employee benefits, incentive programs, and other local employment-related contributions.
All calculations are based on the current compensation plan and centrally managed parameters and rates.
This ensures that budgets and forecasts include precise estimates of total employment costs, in full alignment with applicable labor regulations and company policies in each country of operation.
The system uses predefined calculation mechanisms that improve the accuracy and consistency of budgeting. FlexiEPM allows organizations to model various categories of employer contributions and benefits — from statutory insurances to voluntary employee programs — ensuring reliability and transparency in global HR cost planning.
FlexiEPM simplifies the coordination of the compensation planning process within decentralized organizations, serving as a comprehensive HR controlling tool.
Department heads and business unit managers can prepare plans independently using dedicated budget templates, ensuring that local needs are accurately reflected while maintaining overall budget consistency.
FlexiEPM automatically consolidates data across all departments and integrates it in one place, streamlining information management and minimizing manual effort.
The platform also supports a formal budget approval workflow, increasing transparency, accountability, and efficiency at every level of the organization.
FlexiEPM enables fast creation of alternative budget and forecast versions, eliminating the need to manage multiple Excel files. HR controllers and analysts can quickly modify plans by adjusting key assumptions or parameters, which simplifies the planning process while maintaining precision and consistency.
This flexibility allows organizations to adapt forecasts dynamically to changing business conditions, making FlexiEPM an indispensable tool in agile and fast-paced environments.
The system provides a unified framework for financial and workforce planning, supporting informed decision-making based on current data and projections.
FlexiEPM supports comprehensive planning of workforce-related costs, regardless of employment type or contract structure.
The system enables effective budgeting and forecasting for employees under various arrangements — including permanent contracts, fixed-term agreements, freelance engagements, contractor services (B2B), or temporary agency work.
This flexibility ensures that organizations can accurately model total personnel costs in budgets and forecasts, regardless of size, geography, or employment model.
FlexiEPM provides a unified environment that captures the full picture of labor costs across diverse structures, making it ideal for global enterprises managing complex workforce configurations.
#KNOWLEDGE BASE
Get specific guidance and examples to help you prepare consolidated financial statements effectively and accurately. Understand and apply consolidation adjustments in practice.
Learn how to make capital adjustments, exclude cross-settlements and eliminate gains or losses recognised in assets. Read the handbook for professionals in finance and controlling who are involved in preparing consolidated financial statements.
The terms FP&A (Financial Planning & Analysis) and EPM (Enterprise Performance Management) are often used interchangeably, which leads to confusion at the intersection of Finance and IT departments.
This article clearly defines the technical and functional boundary between these concepts, showing where the role of the analyst ends and where the role of technology
In this post we will answer some common questions on how to recognize and manage lease and perpetual usufruct arrangements to ensure compliance with IFRS 16. We will explain the steps involved in the valuation of assets and liabilities for different types of contracts.
