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Magnar for HR and Payroll

Magnar is a cloud-based human resources (HR) solution that allows businesses to manage their HR processes and employee information online, rather than using traditional on-premises software.

Magnar HCM is a Multi-Country, Multi-Company, Multi-Language, Multi-Currency.

Solution that includes modules for employee records management, benefits administration, Time & Attendance, Leaves Tracking, Travel, Expenses, Performance tracking, Training and recruitment. Magnar HCM also includes a self-service portal for employees to access their own information and perform tasks such as submitting time off requests in addition to over 14 over self-service activities.

Magnar HCM is accessed through a web browser, and the data is stored on servers maintained by the vendor, allowing for easy scalability and remote access for both employees and HR staff. Magnar HCM also includes an advanced business intelligence, digital documents, and reporting engine that helps you analyse and streamline your HR & Payroll operations. It integrates with major ERP and financial applications from SAP, Microsoft. Oracle and others.

Key Features of Magnar System

Employee Records Management

  • Centralized database for secure storage and management of employee details.
  • Automation, compliance tracking, and supporting document storage.

Payroll Processing

  • Automates salary calculations, tax compliance, and direct deposits.
  • Integration with accounting systems for streamlined operations.

Leave Management

  • Tracks leave balances and automates leave requests.
  • Ensures compliance with labor laws.

Performance and Appraisal Management

  • Tools for goal setting, performance tracking, and feedback.
  • Real-time reporting to monitor progress and engagement.

Recruitment

  • Streamlines job postings, candidate tracking, and interview scheduling.
  • Automation and integration with external platforms.

Self-Service Portal

  • Employees can manage personal data, request time off, view payslips, and handle expense claims.
  • Includes travel management and digital document generation.

Mobile App

  • On-the-go access for HR tasks such as leave requests and expense management.

Digital Document Management

  • Secure electronic storage, workflow automation, and electronic signatures.

Advanced Analytics and Reporting

  • Dashboards, predictive analytics, and customizable reports.
  • Real-time data insights to support decision-making.

Expense Management

  • Tracks expenses, receipt uploads, approvals, and compliance with company policies.

End of Service Management

  • Streamlines offboarding, final payroll processing, and benefits termination.