The client has its bases in multiple countries and locations. The compensation system (including criteria, rate of increase/decrease, formatting, etc.) that existed in their APAC offices was different from that in the European offices, while that in their offices located in the USA was different from that in the African countries. Also, some of the offices used off-the-shelf software to perform the operation of compensation allotment, while others were still reliant on excel based tools. This created a lot of problems for people at the CXO level in allocating bonus and merit funds for compensation, from the perspective of equal distribution, corporate fairness, and visibility of dispatched funds.
TechVariable came up with a one-stop compensation management solution which took care of the above-mentioned issues, while also creating a sense of transparency and effectiveness in fund allocation. The system had algorithms that took care of the local emotions as well as the global scheme of things. The CXOs now had a figure in mind when they were allocating budgets for yearly projections in this sector.
Integration to Workday ERP system
Extracted data from the financial and planning ERP tool called Workday, for further progression.
Bonus Planning & Management
This is the bonus, commission, and allowance part of the portal.
Merit Planning & Management
This is the employee’s salary part of the portal.
Compensation letter generation & Intimation
The compensation letter in a prescribed format is automatically generated and sent in an email.
Need a custom software application for your buisness?
We at TechVarible do acknowledge that one size will not fit all. Hence, we work in collaboration with you to identidy, analyze & then develop a solution that fulfils your needs.
Either we will define the functional scope of your project to estimate the timeline and budget or you can create your own agile team from among our recources.
High level design architecture
Employee Performance Management System
Angular, JAVA (Springboot)
Media Aggregation and Analytics Platform
Angular, JAVA (Springboot), Angular.js, AWS, Elastic Search, j, Neo4, Node.js, Python,
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