Oracle Fusion Payroll.
An integral part of the Oracle Fusion Human Capital Management (HCM) solution, Oracle Fusion Payroll solutions (Payroll) address the myriad requirements needed to operate in today’s global economy. These solutions are engineered to work together or separately and are not reliant on one another within your enterprise Payroll operates using a highly scalable processing engine designed to make use of the features of the Oracle database for parallel processing, resulting in optimal performance. . In countries with payroll extensions delivered, and supported, Payroll delivers the payroll, tax reporting and regulatory rules required to accurately process payroll and remain in compliance. Oracle’s team of highly skilled global analysts constantly monitor legislative changes and Oracle delivers these updates to the Payroll product and supported country extensions. HCM and Payroll supports operations in over 200 countries and localities. In countries where payroll is not managed internally, some organizations source payroll through an external vendor. Oracle Fusion Global Payroll can integrate to support sending of pertinent employee payroll information and can even calculate a non-legislative gross, if desired, for a third party to process the payroll.