Fluous launches PowerExpress v1.1 on 15-Aug-2007

Perfect for SMEs having employees base upto 500 people. PowerExpress is a boon for organizations who would like to have fast turn around time with ease of use. This is perfect Payroll to be deployed for small but growing organization crossing boundaries across multiple location.

Pay

Salary Administration

• Define multiple pay structures
• Define earning, deduction, contribution and provision heads for each pay structure
  • Define each such head as one time entry, monthly entry, calculated or terminal benefit head
  • Define intermediate heads for calculation of earning/deduction /contribution or provision
  • Define heads of number type, list type or date type or text type
  • Define payment rules for heads
  • Define complex formulae for calculated heads
  • Define priority for deductions - for short recovery cases - un-recovered amounts automatically carried forward to the next month
  • Look up tables can be created for various rates such as IT, PTAX etc.
• Attach pay structures to employees with current or retrospective effect
• Facility to import data from Excel file for salary revision
• Integrated with Microsoft Dynamics® NV
• Facility to print bank advice or take out soft format as per banker's requirement
• Facility to print pay-slip directly from system. Pay-slip for the back periods can also be printed
  

Taxation

• Complete Taxation rules defined as part of the pay structures configuration as mentioned above
• Completely automated calculation and deduction of tax
• Facility to override the automated tax calculation for exception cases
• Taxation formulae can be changed without any changed any time without need for upgrade or new release of the product
• Tax calculation based on perquisites given to the employee
• Form 16 and Form 24 (for India ) can be printed directly from the system
• Facility to print IT computation worksheet at any time during year - showing the IT calculation based on the projected earning for the year

Retrospective Pay / Calculation of Arrears

• Completely automated arrear calculation
• While attachment of pay structure to an employee, effective from date is asked - if the date is prior to the current period start date - Power Pay automatically calculates the arrear as per the new salary / structure
• Arrear calculation can span any back period - as long as the entire history is available in the system

Terminal Benefits / Final settlement

• Terminal benefit calculation
• Product can be configured to either fix the terminal benefit rules or to provide the flexibility to take decisions on case to case basis
• Calculations can be configured for recovery for excess payment of yearly benefits, recovery of asset value, notice period pay calculation etc.

Statutory Compliances

• All payroll related statutory rules and reports provided as part of the implementation
• Details mentioned above in relevant section
• Statutory regulation for India available as part of the ready implementation pack
• Statutory regulation for other countries can be configured

Benefits

Reimbursements

• Configure multiple reimbursements
• Configure tax treatment for each such perquisite as formulae
• Configure reimbursement entitlement based on yearly or monthly accrual basis
• Employee self service – application/approval workflow for reimbursement claims

Loans

Employee Loan Module

• Automated loan module
• Facility to define multiple types of loans
  • Interest bearing and non-interest bearing/advances
  • EMI calculations covering common EMI computation methods - Simple/reducing
  • For un-recovered EMI - facility to deduct in subsequent month/spread it over remaining EMI, add a new installment or write it off
  • Facility change any specific EMI and define the effect on the remaining EMIs
  • Facility to record the prepayment of loan out of the system

Leave

Leave Administration

• Define more than 1 sets of leave rules (called leave structure) for various categories of employees of the organization
• Transfer people from one leave structure to another leave structure
• Multiple user definable leave heads
• Unpaid and Half Paid leave
• Full/Half day leave
• Leave encashment rules
• Manual entry for leave encashment for payment thru payroll
• Leave expiry rules
• Leave regularization for backdated approvals – integrated with payroll

Tools

Unlimited Levels of Security Configuration

• User ID and Password based login
• Each user in PowerExpress is mapped to one or more Roles
• Each Role is mapped to a set of menu options. Each role has a user defined name
• Creation of Roles and granting access is part of the configuration tools and access to configuration tools can be restricted to few designated roles
• Depending upon the role chosen at the time of login, the person will be shown only those menu options which the role permits
• Each person is attached to one or more units for a particular role
• Which means that a person may have full administrator access to certain units and limited access under some other role in other units and no access in some units
• Data entry access can be restricted to only one time entry or monthly entry or both
• Data entry access can further be restricted either for only one or more or all pay structures
• Data access can be restricted as view only or with edit privilege
• Data access can yet further be restricted to certain forms (which results in access being given to only certain heads/elements of pay structure)

Multiple Entities & Multiple Location Payrolls

• Fluous PowerExpress is designed to be deployed centrally and run over Intranet / VPN / WAN
• It supports administration of payroll for multiple entities from one single installation, with each entity having it's own administrator, the employees of each entity having their own secure log in
• Each Entity in turn can have multiple units corresponding to various payroll locations, which could be administered locally or centrally depending upon the user requirement
• Facility transfer employee from one unit to another

Configurable Data Entry Forms

• Each element/head of the pay structure (as detailed in Salary Administration above) is designated as one time entry or monthly (recurring) entry
• Such data entry elements can be grouped together (done using the Power Tools, as part of configuration) in different forms for ease of data entry and security
  

Technology

• N-tier Services Oriented Architecture
• Application Server in C#/DotNet running on Windows 2003
• Database – SQL Server
• Client - ultra thin AJAX based for intuitive interface and fast access even on low bandwidth networks