SlideShare a Scribd company logo
EfroTech
www.efrotech.com




         Barclays Bank UAE
                   opts for
        ePayroll of TimeTrax




www.TimeTrax.com.pk
Barclays is a major global financial services provider engaged in retail banking, credit cards,
corporate banking, investment banking, wealth management and investment management
services with an extensive international presence in Europe, the Americas, Africa and Asia.


With over 300 years of history and expertise in banking, Barclays operates in over 50
countries and employs nearly 147,000 people. Barclays moves, lends, invests and protects
money for more than 48 million customers and clients worldwide including UAE.
                                                                                                   Barclays Bank
Challenges & Issues                                                                                UAE opts for
                                                                                                    ePayroll of
Barclays Bank has a reputation of being in the forefront of technology. The payroll                 TimeTrax
department was the only one lacking in advanced technology. Prior to implementing the
TimeTrax’s epayroll solution, the bank was running an outdated, rigid and inflexible payroll
software which was unable to keep it pace up with the growing staff and neither it was
giving any technological edge, on top of them it was consuming lot of resources when end
of month comes, there were more inaccuracies and additional costs associated too in that
circumstance completing payroll in a timely manner was one of many challenges.


Many times mistakes were found and Payroll clerks had to spend hours and days completing
the Process by re-keying, like every other banks Barclays bank UAE have got many employees
on a different jobs and each position has a different pay rate, department & pay rules, with
                                                                                                     Integrated
the latest payroll tax compliance issues and regulations. All of these factors caused complexes;
probability of errors in employee paychecks was also on higher side, since there were more          Attendance,
factors involved such as overtime pay, various pay rates, etc.                                        Payroll,
                                                                                                       Leave
In addition to the long, tedious process, that made it difficult to provide an easily accessible         &
and accurate audit trail. These issues were a growing burden on the payroll and IT                     Travel
departments.                                                                                        Management


Selecting TimeTrax

Barclays Bank UAE knew which high-level attributes they were looking for in a new epayroll
system. Their list included things like the system being user friendly, web-based, supports
for a SQL database and LDAP security. It also had to provide a self-service interface that
employees could use to review Payslip, Loan deduction, and other personal data. Barclays
Bank UAE also wanted a system that its technical staff could easily configure and support
while accommodating the payroll requirements for its multiple departments.

                                                                                          02
   EfroTech
   www.efrotech.com                                        Barclays Bank UAE opts for ePayroll of TimeTrax
They formed a committee composed of representatives from key departments, including
payroll, technology, and human resources. Next, the committee created a list of requirements
and a request for proposal, which they sent to several software vendors. Several vendors
responded including TimeTrax and then, after a thorough review of the responses, the
committee narrowed the list to three vendors, TimeTrax was one of them. After seeing
TimeTrax’s software demonstrations and a thorough evaluation of ePayroll’s functionality,
after months of deliberation, the final selection was based as much on the compatibility       Barclays Bank
of the vendor’s business values, the TimeTrax demo was a huge selling point for them;          UAE opts for
they found TimeTrax very professional and extremely easy to use. TimeTrax satisfied the         ePayroll of
functionalities and depth needs of their seasoned IT & HR departments.
                                                                                                TimeTrax
Automation increases check accuracy and decreases an employer’s headaches. TimeTrax
provided Barclays Bank UAE with a system that would streamline their processes, boosts
efficiency and concentrates on workforce management for every location into a single
system.


Implementation

TimeTrax provided expertise on product features, labor law compliance and best practices,
offering a sophisticated solution with the ability to meet the Complicated demands present
                                                                                                 Integrated
in Barclays Bank. TimeTrax supported the ability to configure and automate complex
business policies that required manual calculations or custom programming in other systems.     Attendance,
TimeTrax implementation methodology was good and team of TimeTrax accomplished                    Payroll,
their goals, they understood a new system was going to require a change in the way everyone        Leave
worked, so they designed a plan that eased each department into the implementation.                  &
                                                                                                   Travel
During the kick-off meeting, they discussed the implementation process, the implementation      Management
plan, and the expectations of both TimeTrax team and Barclays Bank. Key members of
Barclays project team were in constant communication to keep everyone up-to-date on the
progress, enthusiastic and involved. It was a straightforward process to implement a system
that was going to cut labor costs and increase productivity throughout the Barclays Bank.


Testing & Rollout

Prior to rolling out the system to all employees, few tests were conducted to ensure
calculations were accurate and response times were adequate. Any change that was necessary

                                                                                      03
   EfroTech
   www.efrotech.com                                      Barclays Bank UAE opts for ePayroll of TimeTrax
forwarded to the TimeTrax team. The Barclays Bank selected employees from each policy
group and ran several parallel payroll processes. An in-house training included at Barclays
Bank for users.


Results

Because Barclays Bank replaced an old system with an automated robust system, the
                                                                                                Barclays Bank
organization was curious to see a return on their investment almost immediately with
TimeTrax. The biggest savings resulted from automating the collection of employee hours,
                                                                                                UAE opts for
calculation of time data, and processing of reports. The process that used to take a week,       ePayroll of
now takes place instantly. The information is available in real-time and easily accessible by    TimeTrax
the payroll department.


    Barclays Bank has received a number of benefits like:

       » Easier to manage updates
       » Reduces data redundancy
       » No software installed on users / clients machines
       » All members of organization can log in the system; be it top management or
       middle management, HR head or HR assistant and all employees
       » Generate all reports from anywhere in the world, all reports would be just a click
       away                                                                                       Integrated
                                                                                                 Attendance,
Since the implementation of the system, including eliminating redundant data entry, reducing       Payroll,
payroll processing times, less errors and balanced timesheets. Employees also have access
                                                                                                    Leave
to real-time information to plan time-off without having to contact the payroll department.
                                                                                                      &
The detailed and accurate information provides the Barclays Bank with real-time information
                                                                                                    Travel
on operating costs to make better decisions.
                                                                                                 Management

To learn more about features and advantages of TimeTrax’ ePayroll please log on to
http://www.timetrax.com.pk/epayroll-12-1.aspx




                                                                                       04
   EfroTech
   www.efrotech.com                                      Barclays Bank UAE opts for ePayroll of TimeTrax
TimeTrax Overview
Serving over 500 satisfied clients with this robust Human Resource Management system across
Pakistan in 27 cities and deployed in 17 countries across the globe; including UAE, South Africa,
Korea & Brazil, with embedded payroll logic for various industries, TimeTrax is the ultimate software
solution for Integrated Attendance, Payroll, Leave & Travel Management. We are proudly assisting
companies in building transparency into employee productivity for the last 14 years


Contact Us                                                                                              Barclays Bank
Head Office                                                                                             UAE opts for
Address         Suite # 301, Progressive Center, PECHS, Shara-e-Faisal, Karachi.
Phone           +92-21-34389620-2
                                                                                                         ePayroll of
                +92-21-32043020-1                                                                        TimeTrax
Fax             +92-21-34389623
Email           info@efrotech.com


Lahore Office
Address         523-A, Faisal Town, Opp. Jinnah Hospital, Lahore.
Phone           +92-42-36115220
Fax             +92-21-34389623, +92-42-35164696
Email           lhr@efrotech.com




                                                                                                          Integrated
                                                                                                         Attendance,
                                                                                                           Payroll,
                                                                                                            Leave
                                                                                                              &
                                                                                                            Travel
                                                                                                         Management




                                                                                               05
      EfroTech
      www.efrotech.com                                        Barclays Bank UAE opts for ePayroll of TimeTrax

More Related Content

Viewers also liked

FACELI - D4 - Paulo Braga - Direito Penal II - Aula 05 - Prescrição
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 05 - PrescriçãoFACELI - D4 - Paulo Braga - Direito Penal II - Aula 05 - Prescrição
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 05 - Prescrição
Jordano Santos Cerqueira
 
Hc 135504 medida de seguranca relator
Hc 135504 medida de seguranca relatorHc 135504 medida de seguranca relator
Hc 135504 medida de seguranca relator
ALEXANDRE MATZENBACHER
 
Direito penal ii medida de segurança
Direito penal ii   medida de segurançaDireito penal ii   medida de segurança
Direito penal ii medida de segurança
Urbano Felix Pugliese
 
Hc 135504 medida de seguranca votovista
Hc 135504 medida de seguranca votovistaHc 135504 medida de seguranca votovista
Hc 135504 medida de seguranca votovista
ALEXANDRE MATZENBACHER
 
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 01 - Sursis
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 01 - SursisFACELI - D4 - Paulo Braga - Direito Penal II - Aula 01 - Sursis
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 01 - Sursis
Jordano Santos Cerqueira
 
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 03 - Reabilitação
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 03 - ReabilitaçãoFACELI - D4 - Paulo Braga - Direito Penal II - Aula 03 - Reabilitação
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 03 - Reabilitação
Jordano Santos Cerqueira
 
Garantismo penal
Garantismo penalGarantismo penal
Garantismo penal
Urbano Felix Pugliese
 
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 04 - Medida de Segurança
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 04 - Medida de SegurançaFACELI - D4 - Paulo Braga - Direito Penal II - Aula 04 - Medida de Segurança
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 04 - Medida de Segurança
Jordano Santos Cerqueira
 
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 02 - Efeitos da Condenação
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 02 - Efeitos da CondenaçãoFACELI - D4 - Paulo Braga - Direito Penal II - Aula 02 - Efeitos da Condenação
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 02 - Efeitos da Condenação
Jordano Santos Cerqueira
 

Viewers also liked (9)

FACELI - D4 - Paulo Braga - Direito Penal II - Aula 05 - Prescrição
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 05 - PrescriçãoFACELI - D4 - Paulo Braga - Direito Penal II - Aula 05 - Prescrição
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 05 - Prescrição
 
Hc 135504 medida de seguranca relator
Hc 135504 medida de seguranca relatorHc 135504 medida de seguranca relator
Hc 135504 medida de seguranca relator
 
Direito penal ii medida de segurança
Direito penal ii   medida de segurançaDireito penal ii   medida de segurança
Direito penal ii medida de segurança
 
Hc 135504 medida de seguranca votovista
Hc 135504 medida de seguranca votovistaHc 135504 medida de seguranca votovista
Hc 135504 medida de seguranca votovista
 
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 01 - Sursis
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 01 - SursisFACELI - D4 - Paulo Braga - Direito Penal II - Aula 01 - Sursis
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 01 - Sursis
 
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 03 - Reabilitação
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 03 - ReabilitaçãoFACELI - D4 - Paulo Braga - Direito Penal II - Aula 03 - Reabilitação
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 03 - Reabilitação
 
Garantismo penal
Garantismo penalGarantismo penal
Garantismo penal
 
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 04 - Medida de Segurança
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 04 - Medida de SegurançaFACELI - D4 - Paulo Braga - Direito Penal II - Aula 04 - Medida de Segurança
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 04 - Medida de Segurança
 
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 02 - Efeitos da Condenação
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 02 - Efeitos da CondenaçãoFACELI - D4 - Paulo Braga - Direito Penal II - Aula 02 - Efeitos da Condenação
FACELI - D4 - Paulo Braga - Direito Penal II - Aula 02 - Efeitos da Condenação
 

Similar to Time Trax Case Study Barclasys

Coca Cola Beverages Pakistan Ltd. (CCBPL) - Case Study of TimeTrax HRIS / HCM...
Coca Cola Beverages Pakistan Ltd. (CCBPL) - Case Study of TimeTrax HRIS / HCM...Coca Cola Beverages Pakistan Ltd. (CCBPL) - Case Study of TimeTrax HRIS / HCM...
Coca Cola Beverages Pakistan Ltd. (CCBPL) - Case Study of TimeTrax HRIS / HCM...
EfroTech
 
Motivation alone cannot_help!
Motivation alone cannot_help!Motivation alone cannot_help!
Motivation alone cannot_help!
Fariha Nadir
 
Time Trax Case Study Coca Cola Ccbpl
Time Trax Case Study Coca Cola CcbplTime Trax Case Study Coca Cola Ccbpl
Time Trax Case Study Coca Cola Ccbpl
MasroorDurrani
 
TimeTrax CaseStudy-CNBC Pakistan-SamaaTV
TimeTrax CaseStudy-CNBC Pakistan-SamaaTVTimeTrax CaseStudy-CNBC Pakistan-SamaaTV
TimeTrax CaseStudy-CNBC Pakistan-SamaaTV
EfroTech
 
Time Trax Case Study Cnbc Samaa
Time Trax Case Study Cnbc SamaaTime Trax Case Study Cnbc Samaa
Time Trax Case Study Cnbc Samaa
MasroorDurrani
 
Time Trax Case Study Haier
Time Trax Case Study HaierTime Trax Case Study Haier
Time Trax Case Study Haier
MasroorDurrani
 
TimeTrax-HR-CaseStudy-Haier
TimeTrax-HR-CaseStudy-HaierTimeTrax-HR-CaseStudy-Haier
TimeTrax-HR-CaseStudy-Haier
EfroTech
 
Pay Care: Payroll Software
Pay Care: Payroll SoftwarePay Care: Payroll Software
Pay Care: Payroll Software
Intelliob Technologies
 
CloudApper Use Cases.pdf
CloudApper Use Cases.pdfCloudApper Use Cases.pdf
CloudApper Use Cases.pdf
Mohammad Shahnewaz
 
Datamatics BPO HRO Services Corporate Brochure
Datamatics BPO HRO Services Corporate BrochureDatamatics BPO HRO Services Corporate Brochure
Datamatics BPO HRO Services Corporate Brochure
Datamatics_BPO
 
Reasons to have a contract labour management system
Reasons to have a contract labour management systemReasons to have a contract labour management system
Reasons to have a contract labour management system
Emsphere Technologies
 
Top Source Intro India Payroll
Top Source Intro  India PayrollTop Source Intro  India Payroll
Top Source Intro India Payroll
sunilbane
 
Talenta by Mekari - Profile & Features.pptx
Talenta by Mekari - Profile & Features.pptxTalenta by Mekari - Profile & Features.pptx
Talenta by Mekari - Profile & Features.pptx
qcomsamedic
 
Techsaga USA: Your All-in-One Solution for Workday Success
Techsaga USA: Your All-in-One Solution for Workday SuccessTechsaga USA: Your All-in-One Solution for Workday Success
Techsaga USA: Your All-in-One Solution for Workday Success
Texas (USA)
 
Workday Implementation Project Plan by Techsaga USA
Workday Implementation Project Plan by Techsaga USAWorkday Implementation Project Plan by Techsaga USA
Workday Implementation Project Plan by Techsaga USA
Texas (USA)
 
How to Manage Your Documents: Visual Case Study
How to Manage Your Documents: Visual Case StudyHow to Manage Your Documents: Visual Case Study
How to Manage Your Documents: Visual Case Study
NeoStreamTech
 
Rewriting the Rulebook: New Ways of Working in the Digital Economy
Rewriting the Rulebook: New Ways of Working in the Digital EconomyRewriting the Rulebook: New Ways of Working in the Digital Economy
Rewriting the Rulebook: New Ways of Working in the Digital Economy
Cognizant
 
Payroll Management Software Solutions for Canadian Businesses!
Payroll Management Software Solutions for Canadian Businesses!Payroll Management Software Solutions for Canadian Businesses!
Payroll Management Software Solutions for Canadian Businesses!
PayEaze
 
7 Pitfalls to Avoid When Transitioning Business Software to the Cloud
7 Pitfalls to Avoid When Transitioning Business Software to the Cloud7 Pitfalls to Avoid When Transitioning Business Software to the Cloud
7 Pitfalls to Avoid When Transitioning Business Software to the Cloud
Callie Wagner
 
Which is Best HR.pdf
Which is Best HR.pdfWhich is Best HR.pdf
Which is Best HR.pdf
Connect Solutions
 

Similar to Time Trax Case Study Barclasys (20)

Coca Cola Beverages Pakistan Ltd. (CCBPL) - Case Study of TimeTrax HRIS / HCM...
Coca Cola Beverages Pakistan Ltd. (CCBPL) - Case Study of TimeTrax HRIS / HCM...Coca Cola Beverages Pakistan Ltd. (CCBPL) - Case Study of TimeTrax HRIS / HCM...
Coca Cola Beverages Pakistan Ltd. (CCBPL) - Case Study of TimeTrax HRIS / HCM...
 
Motivation alone cannot_help!
Motivation alone cannot_help!Motivation alone cannot_help!
Motivation alone cannot_help!
 
Time Trax Case Study Coca Cola Ccbpl
Time Trax Case Study Coca Cola CcbplTime Trax Case Study Coca Cola Ccbpl
Time Trax Case Study Coca Cola Ccbpl
 
TimeTrax CaseStudy-CNBC Pakistan-SamaaTV
TimeTrax CaseStudy-CNBC Pakistan-SamaaTVTimeTrax CaseStudy-CNBC Pakistan-SamaaTV
TimeTrax CaseStudy-CNBC Pakistan-SamaaTV
 
Time Trax Case Study Cnbc Samaa
Time Trax Case Study Cnbc SamaaTime Trax Case Study Cnbc Samaa
Time Trax Case Study Cnbc Samaa
 
Time Trax Case Study Haier
Time Trax Case Study HaierTime Trax Case Study Haier
Time Trax Case Study Haier
 
TimeTrax-HR-CaseStudy-Haier
TimeTrax-HR-CaseStudy-HaierTimeTrax-HR-CaseStudy-Haier
TimeTrax-HR-CaseStudy-Haier
 
Pay Care: Payroll Software
Pay Care: Payroll SoftwarePay Care: Payroll Software
Pay Care: Payroll Software
 
CloudApper Use Cases.pdf
CloudApper Use Cases.pdfCloudApper Use Cases.pdf
CloudApper Use Cases.pdf
 
Datamatics BPO HRO Services Corporate Brochure
Datamatics BPO HRO Services Corporate BrochureDatamatics BPO HRO Services Corporate Brochure
Datamatics BPO HRO Services Corporate Brochure
 
Reasons to have a contract labour management system
Reasons to have a contract labour management systemReasons to have a contract labour management system
Reasons to have a contract labour management system
 
Top Source Intro India Payroll
Top Source Intro  India PayrollTop Source Intro  India Payroll
Top Source Intro India Payroll
 
Talenta by Mekari - Profile & Features.pptx
Talenta by Mekari - Profile & Features.pptxTalenta by Mekari - Profile & Features.pptx
Talenta by Mekari - Profile & Features.pptx
 
Techsaga USA: Your All-in-One Solution for Workday Success
Techsaga USA: Your All-in-One Solution for Workday SuccessTechsaga USA: Your All-in-One Solution for Workday Success
Techsaga USA: Your All-in-One Solution for Workday Success
 
Workday Implementation Project Plan by Techsaga USA
Workday Implementation Project Plan by Techsaga USAWorkday Implementation Project Plan by Techsaga USA
Workday Implementation Project Plan by Techsaga USA
 
How to Manage Your Documents: Visual Case Study
How to Manage Your Documents: Visual Case StudyHow to Manage Your Documents: Visual Case Study
How to Manage Your Documents: Visual Case Study
 
Rewriting the Rulebook: New Ways of Working in the Digital Economy
Rewriting the Rulebook: New Ways of Working in the Digital EconomyRewriting the Rulebook: New Ways of Working in the Digital Economy
Rewriting the Rulebook: New Ways of Working in the Digital Economy
 
Payroll Management Software Solutions for Canadian Businesses!
Payroll Management Software Solutions for Canadian Businesses!Payroll Management Software Solutions for Canadian Businesses!
Payroll Management Software Solutions for Canadian Businesses!
 
7 Pitfalls to Avoid When Transitioning Business Software to the Cloud
7 Pitfalls to Avoid When Transitioning Business Software to the Cloud7 Pitfalls to Avoid When Transitioning Business Software to the Cloud
7 Pitfalls to Avoid When Transitioning Business Software to the Cloud
 
Which is Best HR.pdf
Which is Best HR.pdfWhich is Best HR.pdf
Which is Best HR.pdf
 

Recently uploaded

Mutual Fund Taxation – How Mutual Funds Are Taxed
Mutual Fund Taxation – How Mutual Funds Are TaxedMutual Fund Taxation – How Mutual Funds Are Taxed
Mutual Fund Taxation – How Mutual Funds Are Taxed
dhvikdiva
 
Power point analisis laporan keuangan chapter 7 subramanyam
Power point analisis laporan keuangan chapter 7 subramanyamPower point analisis laporan keuangan chapter 7 subramanyam
Power point analisis laporan keuangan chapter 7 subramanyam
FarhanRafifSidqi
 
Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...
Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...
Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...
nimaruinazawa258
 
KYC Compliance: A Cornerstone of Global Crypto Regulatory Frameworks
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksKYC Compliance: A Cornerstone of Global Crypto Regulatory Frameworks
KYC Compliance: A Cornerstone of Global Crypto Regulatory Frameworks
Any kyc Account
 
University of North Carolina at Charlotte degree offer diploma Transcript
University of North Carolina at Charlotte degree offer diploma TranscriptUniversity of North Carolina at Charlotte degree offer diploma Transcript
University of North Carolina at Charlotte degree offer diploma Transcript
tscdzuip
 
South Dakota State University degree offer diploma Transcript
South Dakota State University degree offer diploma TranscriptSouth Dakota State University degree offer diploma Transcript
South Dakota State University degree offer diploma Transcript
ynfqplhm
 
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
taqyea
 
Ending stagnation: How to boost prosperity across Scotland
Ending stagnation: How to boost prosperity across ScotlandEnding stagnation: How to boost prosperity across Scotland
Ending stagnation: How to boost prosperity across Scotland
ResolutionFoundation
 
Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]
Commonwealth
 
Using Online job postings and survey data to understand labour market trends
Using Online job postings and survey data to understand labour market trendsUsing Online job postings and survey data to understand labour market trends
Using Online job postings and survey data to understand labour market trends
Labour Market Information Council | Conseil de l’information sur le marché du travail
 
The state of welfare Resolution Foundation Event
The state of welfare Resolution Foundation EventThe state of welfare Resolution Foundation Event
The state of welfare Resolution Foundation Event
ResolutionFoundation
 
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
yeuwffu
 
TechnoXander Confirmation of Payee Product Pack 1.pdf
TechnoXander Confirmation of Payee Product Pack 1.pdfTechnoXander Confirmation of Payee Product Pack 1.pdf
TechnoXander Confirmation of Payee Product Pack 1.pdf
richardwellington119
 
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
Labour Market Information Council | Conseil de l’information sur le marché du travail
 
Fabular Frames and the Four Ratio Problem
Fabular Frames and the Four Ratio ProblemFabular Frames and the Four Ratio Problem
Fabular Frames and the Four Ratio Problem
Majid Iqbal
 
Monthly Market Risk Update: June 2024 [SlideShare]
Monthly Market Risk Update: June 2024 [SlideShare]Monthly Market Risk Update: June 2024 [SlideShare]
Monthly Market Risk Update: June 2024 [SlideShare]
Commonwealth
 
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
nimaruinazawa258
 
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
Neil Day
 
Accounting Information Systems (AIS).pptx
Accounting Information Systems (AIS).pptxAccounting Information Systems (AIS).pptx
Accounting Information Systems (AIS).pptx
TIZITAWMASRESHA
 
Detailed power point presentation on compound interest and how it is calculated
Detailed power point presentation on compound interest  and how it is calculatedDetailed power point presentation on compound interest  and how it is calculated
Detailed power point presentation on compound interest and how it is calculated
KishanChaudhary23
 

Recently uploaded (20)

Mutual Fund Taxation – How Mutual Funds Are Taxed
Mutual Fund Taxation – How Mutual Funds Are TaxedMutual Fund Taxation – How Mutual Funds Are Taxed
Mutual Fund Taxation – How Mutual Funds Are Taxed
 
Power point analisis laporan keuangan chapter 7 subramanyam
Power point analisis laporan keuangan chapter 7 subramanyamPower point analisis laporan keuangan chapter 7 subramanyam
Power point analisis laporan keuangan chapter 7 subramanyam
 
Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...
Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...
Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...
 
KYC Compliance: A Cornerstone of Global Crypto Regulatory Frameworks
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksKYC Compliance: A Cornerstone of Global Crypto Regulatory Frameworks
KYC Compliance: A Cornerstone of Global Crypto Regulatory Frameworks
 
University of North Carolina at Charlotte degree offer diploma Transcript
University of North Carolina at Charlotte degree offer diploma TranscriptUniversity of North Carolina at Charlotte degree offer diploma Transcript
University of North Carolina at Charlotte degree offer diploma Transcript
 
South Dakota State University degree offer diploma Transcript
South Dakota State University degree offer diploma TranscriptSouth Dakota State University degree offer diploma Transcript
South Dakota State University degree offer diploma Transcript
 
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
 
Ending stagnation: How to boost prosperity across Scotland
Ending stagnation: How to boost prosperity across ScotlandEnding stagnation: How to boost prosperity across Scotland
Ending stagnation: How to boost prosperity across Scotland
 
Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]
 
Using Online job postings and survey data to understand labour market trends
Using Online job postings and survey data to understand labour market trendsUsing Online job postings and survey data to understand labour market trends
Using Online job postings and survey data to understand labour market trends
 
The state of welfare Resolution Foundation Event
The state of welfare Resolution Foundation EventThe state of welfare Resolution Foundation Event
The state of welfare Resolution Foundation Event
 
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
 
TechnoXander Confirmation of Payee Product Pack 1.pdf
TechnoXander Confirmation of Payee Product Pack 1.pdfTechnoXander Confirmation of Payee Product Pack 1.pdf
TechnoXander Confirmation of Payee Product Pack 1.pdf
 
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
 
Fabular Frames and the Four Ratio Problem
Fabular Frames and the Four Ratio ProblemFabular Frames and the Four Ratio Problem
Fabular Frames and the Four Ratio Problem
 
Monthly Market Risk Update: June 2024 [SlideShare]
Monthly Market Risk Update: June 2024 [SlideShare]Monthly Market Risk Update: June 2024 [SlideShare]
Monthly Market Risk Update: June 2024 [SlideShare]
 
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
 
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
 
Accounting Information Systems (AIS).pptx
Accounting Information Systems (AIS).pptxAccounting Information Systems (AIS).pptx
Accounting Information Systems (AIS).pptx
 
Detailed power point presentation on compound interest and how it is calculated
Detailed power point presentation on compound interest  and how it is calculatedDetailed power point presentation on compound interest  and how it is calculated
Detailed power point presentation on compound interest and how it is calculated
 

Time Trax Case Study Barclasys

  • 1. EfroTech www.efrotech.com Barclays Bank UAE opts for ePayroll of TimeTrax www.TimeTrax.com.pk
  • 2. Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate banking, investment banking, wealth management and investment management services with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs nearly 147,000 people. Barclays moves, lends, invests and protects money for more than 48 million customers and clients worldwide including UAE. Barclays Bank Challenges & Issues UAE opts for ePayroll of Barclays Bank has a reputation of being in the forefront of technology. The payroll TimeTrax department was the only one lacking in advanced technology. Prior to implementing the TimeTrax’s epayroll solution, the bank was running an outdated, rigid and inflexible payroll software which was unable to keep it pace up with the growing staff and neither it was giving any technological edge, on top of them it was consuming lot of resources when end of month comes, there were more inaccuracies and additional costs associated too in that circumstance completing payroll in a timely manner was one of many challenges. Many times mistakes were found and Payroll clerks had to spend hours and days completing the Process by re-keying, like every other banks Barclays bank UAE have got many employees on a different jobs and each position has a different pay rate, department & pay rules, with Integrated the latest payroll tax compliance issues and regulations. All of these factors caused complexes; probability of errors in employee paychecks was also on higher side, since there were more Attendance, factors involved such as overtime pay, various pay rates, etc. Payroll, Leave In addition to the long, tedious process, that made it difficult to provide an easily accessible & and accurate audit trail. These issues were a growing burden on the payroll and IT Travel departments. Management Selecting TimeTrax Barclays Bank UAE knew which high-level attributes they were looking for in a new epayroll system. Their list included things like the system being user friendly, web-based, supports for a SQL database and LDAP security. It also had to provide a self-service interface that employees could use to review Payslip, Loan deduction, and other personal data. Barclays Bank UAE also wanted a system that its technical staff could easily configure and support while accommodating the payroll requirements for its multiple departments. 02 EfroTech www.efrotech.com Barclays Bank UAE opts for ePayroll of TimeTrax
  • 3. They formed a committee composed of representatives from key departments, including payroll, technology, and human resources. Next, the committee created a list of requirements and a request for proposal, which they sent to several software vendors. Several vendors responded including TimeTrax and then, after a thorough review of the responses, the committee narrowed the list to three vendors, TimeTrax was one of them. After seeing TimeTrax’s software demonstrations and a thorough evaluation of ePayroll’s functionality, after months of deliberation, the final selection was based as much on the compatibility Barclays Bank of the vendor’s business values, the TimeTrax demo was a huge selling point for them; UAE opts for they found TimeTrax very professional and extremely easy to use. TimeTrax satisfied the ePayroll of functionalities and depth needs of their seasoned IT & HR departments. TimeTrax Automation increases check accuracy and decreases an employer’s headaches. TimeTrax provided Barclays Bank UAE with a system that would streamline their processes, boosts efficiency and concentrates on workforce management for every location into a single system. Implementation TimeTrax provided expertise on product features, labor law compliance and best practices, offering a sophisticated solution with the ability to meet the Complicated demands present Integrated in Barclays Bank. TimeTrax supported the ability to configure and automate complex business policies that required manual calculations or custom programming in other systems. Attendance, TimeTrax implementation methodology was good and team of TimeTrax accomplished Payroll, their goals, they understood a new system was going to require a change in the way everyone Leave worked, so they designed a plan that eased each department into the implementation. & Travel During the kick-off meeting, they discussed the implementation process, the implementation Management plan, and the expectations of both TimeTrax team and Barclays Bank. Key members of Barclays project team were in constant communication to keep everyone up-to-date on the progress, enthusiastic and involved. It was a straightforward process to implement a system that was going to cut labor costs and increase productivity throughout the Barclays Bank. Testing & Rollout Prior to rolling out the system to all employees, few tests were conducted to ensure calculations were accurate and response times were adequate. Any change that was necessary 03 EfroTech www.efrotech.com Barclays Bank UAE opts for ePayroll of TimeTrax
  • 4. forwarded to the TimeTrax team. The Barclays Bank selected employees from each policy group and ran several parallel payroll processes. An in-house training included at Barclays Bank for users. Results Because Barclays Bank replaced an old system with an automated robust system, the Barclays Bank organization was curious to see a return on their investment almost immediately with TimeTrax. The biggest savings resulted from automating the collection of employee hours, UAE opts for calculation of time data, and processing of reports. The process that used to take a week, ePayroll of now takes place instantly. The information is available in real-time and easily accessible by TimeTrax the payroll department. Barclays Bank has received a number of benefits like: » Easier to manage updates » Reduces data redundancy » No software installed on users / clients machines » All members of organization can log in the system; be it top management or middle management, HR head or HR assistant and all employees » Generate all reports from anywhere in the world, all reports would be just a click away Integrated Attendance, Since the implementation of the system, including eliminating redundant data entry, reducing Payroll, payroll processing times, less errors and balanced timesheets. Employees also have access Leave to real-time information to plan time-off without having to contact the payroll department. & The detailed and accurate information provides the Barclays Bank with real-time information Travel on operating costs to make better decisions. Management To learn more about features and advantages of TimeTrax’ ePayroll please log on to http://www.timetrax.com.pk/epayroll-12-1.aspx 04 EfroTech www.efrotech.com Barclays Bank UAE opts for ePayroll of TimeTrax
  • 5. TimeTrax Overview Serving over 500 satisfied clients with this robust Human Resource Management system across Pakistan in 27 cities and deployed in 17 countries across the globe; including UAE, South Africa, Korea & Brazil, with embedded payroll logic for various industries, TimeTrax is the ultimate software solution for Integrated Attendance, Payroll, Leave & Travel Management. We are proudly assisting companies in building transparency into employee productivity for the last 14 years Contact Us Barclays Bank Head Office UAE opts for Address Suite # 301, Progressive Center, PECHS, Shara-e-Faisal, Karachi. Phone +92-21-34389620-2 ePayroll of +92-21-32043020-1 TimeTrax Fax +92-21-34389623 Email info@efrotech.com Lahore Office Address 523-A, Faisal Town, Opp. Jinnah Hospital, Lahore. Phone +92-42-36115220 Fax +92-21-34389623, +92-42-35164696 Email lhr@efrotech.com Integrated Attendance, Payroll, Leave & Travel Management 05 EfroTech www.efrotech.com Barclays Bank UAE opts for ePayroll of TimeTrax