FlexiEPM is an advanced HR controlling system designed to optimize analytical and operational processes within the HR department. With its wide range of functionalities, it enhances team efficiency and unlocks new opportunities for managing data and HR processes.
The system allows organizations to fully leverage technology for planning, monitoring, and reporting across all areas of HR.
FlexiEPM supports the planning and accounting of provisions for quarterly and annual bonuses by automatically linking bonus conditions to actual payroll data.
Using predefined mechanisms, the system enables precise monthly estimates of provisions for each employee and facilitates the calculation of provisions for regular performance bonuses.
Unified algorithms ensure consistency between budgets, forecasts, and actuals, while aggregated data simplifies posting and reporting of bonus-related costs.
FlexiEPM efficiently manages vacation accruals, automating calculations and generating aggregated values for booking unused vacation liabilities.
The system can also calculate absence indicators, showing the percentage of time employees are unavailable for reasons other than vacation leave.
Analyzing this ratio helps identify potential issues in organizational culture and supports corrective HR initiatives.
FlexiEPM integrates data from external sources, supporting detailed payroll reporting and benchmark analyses of labor costs against market standards.
The system streamlines budgeting and forecasting of salaries, reducing manual work, minimizing errors, and enabling scenario simulations for better workforce planning.
Additionally, FlexiEPM supports salary increase processes, offering tools for managing feedback, tracking the impact of decisions on the budget, automating HR documents, and exporting data to payroll systems.
FlexiEPM provides robust support for managing salary review and adjustment cycles, enabling efficient handling of feedback from performance reviews and monitoring their financial implications.
The system automates HR document generation and data export to payroll systems, allowing flexible updates to pay grids and compensation structures.
Planned raises and promotions can be seamlessly incorporated into the salary budget, combining centralized corporate adjustments with individual compensation planning at the employee level — improving transparency and communication across HR and business teams.
#KNOWLEDGE BASE
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.
The adaptation of IFRS as an accounting standard affects the presentation of values in financial statements, especially in the context of leasing and rental under IFRS16.
The article examines these changes, showing how this standard modifies the balance sheet, profit, and loss statement and cash flow statement, highlighting key differences and new challenges in financial reporting.
IFRS accounting – scenarios If you want to make sure that your lease contracts are valued in compliance with IFRS 16, you have several alternatives. Here are
Streamline your planning, controlling, reporting, and consolidation processes in a single system.
Eliminate errors and reduce time-consuming tasks through integration and automation.
