Human Resources in Dynamics GP
Posted on: April 11, 2022 | By: Jim Bertler | Microsoft Dynamics GP
Having a thorough and advanced human resource management system is essential for achieving growth in your organization.
Human resources house all pertinent information about employees as well as manage the interview and hiring process for applicants. Moreover, employee evaluations are conducted and tracked in HR. HR also creates and distributes company benefit plans as well as vacation and paid time off. Human resources is a fundamental part of the foundation of any company, so utilizing a software that has many capabilities in this department is very important.
In Dynamics GP, these processes as well as payroll are streamlined and automated. This allows for companies to focus more time on business tasks because they no longer have to spend extended amounts of time on administrative burdens.
For example, GP has a pay policy management feature that automatically computes different payment calculations for employees that earn multiple hourly rates. The HR module also has a feature called Employee Cost Allocation, in which the software will automatically outline splits to allocate employee costs such as benefits and taxes.
Next Steps
The benefits of Dynamics GP’s HR module are endless. To learn more about its features, reach out to an expert at Logan Consulting today.