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Payroll System of Ooredoo Telecommunications company in Oman

Category: Computer Sciences Paper Type: Report Writing Reference: CHICAGO Words: 600

        Considering the fact that payroll is a complex process, it can take almost hours from the business of the company while leading to errors which can prove to be quite costly for Ooredoo. Other than this organization, many small businesses and organizations seem to depend on their accounts, third-party contractors, and mostly automated systems for taking care of it. Regardless of the services that they are providing, the features of the system can be easily customized according to the requirements of the business. It can be said that some of the most efficient and effective payroll systems seem to provide benefits in terms accuracy, cost, time, and even organization. It is the accuracy that allows a company to be efficient in every aspect of its functions and be more transparent with its workers.

        The payroll and attendance system of Ooredoo must be capable of accommodating its workers along with their hours that they spend working. With a good system ready and set up, the organization will be able to have a precise record of the working hours of the worker and one of the major benefits of an automated payroll and attendance system is that it minimizes the likelihood of any type of error since the old factor changing the whole scenario is just when the workers are clocking and clocking out. Some businesses conscious about the clocking-out, hire an in-house accountant for recording the working hours just when the employees are forgetting to clock-out for a specific task like having lunch (Disselkamp 2013).

        It is actually a misconception about the automated systems of payroll and attendance that they simply record pay and work. They can be set up for other complicated operations as well like benefit purposes and deductions for tax. Between the federal and state taxes, Social Security and Medicare along with other specialized purposes require a good or substantial amount of calculations. Most of the systems of payroll can be changed for accommodating the benefits and tax needs of an organization and can be adjusted further for specific conditions.

        Another feature of the system of payroll is that it can be utilized for keeping accurate and detailed records which can also be used by Ooredoo. These records can be easily stored in the main database of the organization, can be monitored online, or in a completely outside facility used for keeping records. Organizations other than Ooredoo can be also be helped by an automated payroll and attendance system for monitoring trends like how much overtime must be paid by the company and how many workers are participating in the retirement plans of the company. The organization can be helped a lot by record-keeping because it facilitates the monitoring of trends like just how much overtime is being paid while ensuring that the company is complying with every relevant law and preparing for an audit or any other type of investigation of the business. A system of payroll that is precisely storing hours will make preparation of tax smoother.

        Ooredoo can also be helped by an automated system of payroll and attendance in eliminating the busywork by completely streamlining the process of payment, record-keeping, and scheduling. Workers can be allowed to access their records and put in requests for getting some time off through automated system. An effective system can be streamlined and standardized with directions beforehand.

References of Ooredoo Telecommunications company in Oman

Disselkamp, Lisa. 2013. Workforce Asset Management Book of Knowledge. John Wiley & Sons, .

Jiang, Kaifeng, David P. Lepak, Jia Hu, and Judith C. Baer. 2012. "How does human resource management influence organizational outcomes? A meta-analytic investigation of mediating mechanisms." Academy of management Journal 55 (6): 1264-1294.

Ooredoo. 2019. Financial information. https://ooredoo.com/en/investors/financial_information/.

—. 2019. Who we are. https://ooredoo.com/en/who_we_are/.


 

 

 

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