HR System Integration Layer
Finance System Integration Layer
Payroll Data Distribution
Payroll Review and Sign-off
All green steps are data validation points
Payroll data is pushed/pulled from HR, Time & Attendance and Benefits systems into Immedis iConnect Platform. This is automated on a set date. Data includes names, addresses, bonus payments, bank details etc.
iConnect automatically validates payroll data within seconds. If anything unusual is detected compared to the previous pay cycle, the system will automatically revert to the client to confirm it is accurate.
Local country distribution
Payroll data is sent from iConnect to In Country processing systems.
Payroll is processed where all deductions are calculated based on information received at the beginning of the pay cycle.
Data is validated against information received at Step1.
Review, update, approval
Final processed payroll across all locations received on iConnect and shared with client for final review and sign-off.
Payroll is completed upon validation & sign-off by client and each country closes the payroll.
Global aggregation and funding requests
A single, global currency request initiated by Immedis to client based on finalised payroll to pay employees, tax authorities and statutory bodies globally in local currency.
General ledger posting
Immedis feeds information back into the Client Finance Management System for consolidated GL reporting.
Online payslip release
Employees have access to payslips on iConnect, HR systems or physical payslips depending on local employment law.