1、Innovative Payroll Solutions:Empowering Teams with Detailed InsightsAnurag UmatheDeepak SharmaIntroduction&AgendaTodays Journey:From Challenge to Insight The Business Need&Current Limitations Our Innovative Solution:FDI Data Augmentation Technical Deep Dive:How We Built It The Impact:Deeper Insights
2、&future Possibilities10/13/20252FDI&Our Payroll:Progress,Complexity,and the Analytics GapFDI Implementation(Mid-2023):-Deployed to resolve key reporting and analytics gap in HCM-Critical support for our extensive data&complex operations.The Nature of Our Payroll:-Concurrent pay cycles,High data volu
3、mes per cycles-Complex Pay rules(e.g.,COP,shift premiums,OT)-Significant union presence with varied bargaining agreements.Current FDI Value for Payroll:-Leveraging Payroll Costing&Balance feeds.-Providing robust summary views for reconciliation.-Enabling insights into high-level trends.Critical Gap:
4、Missing Element Entry details-FDI lacks detailed Element Entry data.-Prevents component-level pay analysis(certifications,bonuses,differentials).-Impairs pre-payroll audit and validation capabilities.-The Goal:Confidently and quickly explain what,to whom,why for all payroll components.10/13/20253The
5、 Payroll Analytics Blind Spot:Why Element Entries MatterAccurate&Timely Payments:Fosters trust and employee morale.Cost Analysis&Budgeting:Detailed breakdown of workforce costs like types of OT,Impact of Bonus payoutReduced Compliance Risk:Provides auditable,defensible records for an inquiries inclu
6、ding legal and union request.Prevent Costly Payroll Errors:Early detection avoids off-cycle corrections and reruns.Improved Decision-Making:Clear visibility into all pay components(OT,shift,PTO,diffs).Faster Audits&Data Requests:Lowers response time and operational overhead.Enhanced Governance&Secur