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Explore the new Rapid Calculation feature in Global Payroll introduced in PeopleSoft HCM Image 51. Learn how it enhances payroll processing speed and efficiency.
In today’s fast-paced business environment, efficiency in payroll processing is crucial for organizations. Payroll administrators often find themselves navigating multiple pages and running separate processes to calculate payroll and absence entitlements, which can be time-consuming.
With PeopleSoft HCM Image 51, Oracle introduces Rapid Calculation in Global Payroll, a feature that allows administrators to swiftly process payroll and absence calculations in real time—right from the page where they are reviewing or updating employee data. This innovation enhances usability and streamlines payroll operations by reducing navigation steps and processing time.
Traditionally, payroll administrators need to access multiple pages in PeopleSoft Global Payroll to complete their calculations. They must navigate through payroll processing pages, enter details, run calculations, and then return to review the results. This multi-step process increases effort and processing time.
With the Rapid Calculation feature, the process is now more intuitive and efficient. Administrators can calculate results instantly without switching screens, making payroll verification and adjustments significantly smoother.
Setting up Rapid Calculation is straightforward. Organizations can enable this feature for specific Global Payroll components via the Rapid Calculation Setup page. Here’s how:
Fig 1.1: Rapid Calculation Setup
Fig 1.2: Rapid Calculation Setup – Enabling Rapid Calculation
Once the feature is enabled, administrators can follow these simple steps to use Rapid Calculation:
Fig 1.3: Clicking on Rapid Calculation button
Fig 1.4: Selecting the Calendar group for processing
Fig 1.5: Clicking Calculate button to process payroll
Fig 1.6: Payee Status Page for Calculation Results
Fig 1.7: Calculation Results
This real-time processing helps payroll teams verify results quickly, adjust if needed, and ensure accuracy before finalizing payroll.
The introduction of Rapid Calculation in PeopleSoft Global Payroll is a significant step toward automation and efficiency. It minimizes processing delays, enhances user experience, and allows payroll professionals to focus on higher-value tasks rather than repetitive navigation and manual calculations.
The Rapid Calculation feature in PeopleSoft HCM Image 51 is a game-changer for payroll processing. By bringing real-time calculations to the same page where administrators manage employee data, it enhances efficiency, accuracy, and user experience.
Author: Nandhini Devi Raman, Junior Associate
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