WHAT IS ZAMBION?
Although extremely time-consuming to operate, they are extremely helpful when driving. It takes a very long time to travel back and forth between locations. The ability to select a route and have the app inform you which gas stations are the cheapest along the way and how much extra time they will cost to your trip is one valuable feature.
PAYROLL SOFTWARE OF ZAMBION
The web-based payroll software from Zambion is simple to use, clever, and ATO and NZ IRD compliant.
Zambion’s ability to facilitate seamless communication between many departments, including HR and finance, is one of its most well-liked features. HR can insert new employee information such as bank account, tax identification number, and pay rate(s) and set it to “double approve.” This means that until finance authorizes this information, these crucial details won’t be transmitted to payroll. R The details are then date- and time-audited, along with the individuals that submitted and authorized the details, giving you a powerful auditing tool.
Payroll Security
Security is, nevertheless, of the utmost importance in Zambion because the system provides visibility across numerous departments, physical locations, and even numerous nations. Staff members can only have access to certain parts of the payroll process or a particular kind of payroll process, whereas managers can have configurable access to and authority over many different organizational areas for more visibility and control.
Superannuation
With the help of Zambion, a firm may easily automate its superannuation payments based on the taxable gross income of its employees. These contributions will rise in proportion to employee contributions up until a certain cap is reached. The company’s super contribution may also be based on specific pay components like regular hours, license fees, and acting fees, although it may not include overtime or uniform allowances. These computations are automated by Zambion, which makes superannuation management simple.
Handling Deductions
Zambion has the capacity to handle an infinite variety of payment and deduction kinds, including payments to an infinite variety of employee bank accounts. With the aid of Microsoft Excel, bulk uploads of payments and deductions are simple to complete.
Processing new joiners
Zambion’s intelligence allows it to prorate most payments, allowances, and compensation amounts for new hires on an automatic basis. Additionally, the termination process is simple because to its “one-click” calculation and proration of the necessary pay and leave components.
