Payroll Software

OCS HR Payroll Software

The challenges of payroll are further increased when it comes to the maritime industry and international payroll requirements. In addition to timely and accurate processing, the software solution must also cater to the requirements of a transient workforce with multi-national, multi-currency transactions, and payroll calculations. It is a complex task that requires specialist payroll software, knowledge, and experience to manage effectively.

The OCS HR suite has a comprehensive payroll module that enables the easy set-up and calculation of payroll for office-based and vessel-based employees. The solution handles multiple currencies and global payroll and has the major advantage of containing all data required to run complex maritime payroll in one solution.

Payroll has the following functionalities:

• Run payroll based on activities or employee registration of working hours
• Create several sets of pay scales and pay elements
• Generate bank files
• Integrate with ERP solutions and accounting systems

Payroll contains country-specific tax deductions and templates for reporting to authorities for Norway, UK, Denmark (DIS), Philippines and Singapore. Other rule-sets can also be applied. The OCS HR system incorporates all major employee data and the actual working schedule, the payroll functionality is well suited for outsourcing purposes.

Find out more about our Payroll Software OCS HR.