Solutions/Case Studies/International Payroll System
A leading, New York City based investment and brokerage company needed to pay thousands of employees in dozens of countries. Varying currencies and several different types of earnings and deductions systems added to the complexity of the challenge. SynCo developed a PC-based system that manages all payrolls for the company's international employees, incorporating easy to use tables that calculate currency values and pay types. The system interfaces with the main payroll system to eliminate data redundancy. In addition, the new system creates compensation breakdowns for year-end analysis and maintains historical data on more than 1,000 employees worldwide.

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