BANKING MANAGEMENT SYSTEM: Human Resource 4 (Core Human Capital, Compensation Planning, HR Analytics and Payroll)

Abstract

The most common payroll errors were organizational consistency in the payroll process, incorrect tax withholding, over and under payments, as well as many other areas. Compensation and planning is an issue that all companies spend considerable time studying especially public companies that have to publicly disclose the compensation details for the five highest-paid employees in the company. Agile scrum methodology is a task of every module in the group that needs to share the idea of one another. Looking for a company that could be a possibleclient is the first thing that comes in the mid of the proponents. Physical and logical design is the next phase that the proponents do, analyzing problem and giving solution. Asking for feedback is a big help to the system because it shows where to improve the functionality of the system. Identifying bugs is another task of the proponents. The proponents conduct a test to the system to make sure that it is properly running, properly connected and functioning. The proponents also make sure that the connection of database is properly connected for integration. Properly computation of payroll have been observed, and generating of reports is also observed. After the system has been tested and evaluated, the proponents found out that it is ready for deployment for the operation of the client. Sending data to other modules is observe. Giving back the data from other module like approval is also observe. HR 4 is a form of human resource software that combines a number of systems and processes to ensure the easy management of a business’s employees and data. It is also used by businesses to combine a number of necessary HR functions, such as storing employee data, managing, payrolls, recruitment processes, benefits administration and keeping track of attendance records.