09 Aug Simple global file format to exchange payroll data globally
Exchanging payroll data has historically been difficult. Different countries use contrasting systems with varying technological capability and requirements. GR5 Connector removes these issues, allowing one format of data to be used in any of GR5 Group’s Local Offices.
Major HR system providers have created specific product connectors to allow data to flow seamlessly from their HR systems to local payroll systems. This works well if you operate one of their existing applications, but what happens if your HR systems do not have such a provision? Previously the only solution was to build expensive, often difficult and complex bespoke interfaces that took a long time to implement.
Not any longer.
TMF Group has created GR5 Connector – a set of global templates in Excel or CSV format to exchange payroll data with all our Local Office payroll systems. The column delimited data is easy to understand, simple to extract electronically or complete manually if appropriate and incorporates data fields that are required in every country in which GR5 Group operates.
Files are exchanged on an agreed basis, at least once per payroll processing period, and include data for new starters and employees who have left the organisation. Data relating to existing employee records can also be amended. Add to this information regarding absences and employee compensation data (payments, deductions) and GR5 Connector inputs most of the information required for the payroll to process, quickly and easily.
The benefits of GR5 Connector are:
- A global format for data exchange across all payrolls and countries
- No requirement to extract and map data elements per country
- No need to build expensive bespoke interfaces
- Consistent data flow and structure in both data provision direct from HR systems and local manual solutions
- Cost efficient to put in place
- Quick to implement and benefits are gained immediately
- Can be securely transferred by sFTP as appropriate
Interested in our GR5 Connector solution or have any questions?
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