A single integrated system allows for centralisation, locality and globalisation says HR and HCM specialist CRS Technologies.
Amid constant changes to tax and labour legislation, businesses must keep ahead of developments affecting the progressive work environment and the best way to do this is to use a fully integrated single HCM system.
This is according to Ian McAlister, General Manager of CRS Technologies South Africa, a specialist provider of HR and HCM solutions.
He says that given the realities of economy of scale in today’s market, businesses are forced to do much more with less. Critical resources like skills remain in short supply and there are ongoing challenges such as growth management and scalability.
“This is why an integrated HCM system makes sense. It can cater for all scenarios in operation, including centralisation, locality and globalisation,” says McAlister. “So the critical advantage for business is all the relevant information to manage these scenarios is in one place, more efficient and far easier to handle.”
“If we delve into one very important area of labour legislation, governance and compliance, namely tax, we know that tax tables change on a regular basis and different countries also have different rules that govern processes and procedures,” he says.
Any company trading or engaging with a business based in or expanding into Africa, has to understand the nuances and dynamics that make up that country’s tax table and tax system McAlister continues.
He says CRS Technologies places a premium on the value of a single, fully integrated HCM system that is on par with local developments and can be localised to address these challenges.
“An effective HCM system must keep track of employee profiles and should have the ability to provide a macro view of the company’s HR structure and workforce data elements such as employee profiles, the positions they are link to and where they sit within the organisation, department and location. The idea is to secure a well-orchestrated, highly effective people management system that links up training requirements, areas of HR management that needs more attention, performance evaluation and other key factors,” McAlister adds.
If one considers these criteria against the rigid, uncompromising set up of tax structures and systems, there is obvious value in having a centralised system.
CRS Technologies confirms that it has updated the 2019 Tax Tables for several African countries in its service portfolio. These countries include Ivory Coast, Kenya, Morocco, Mozambique, Nigeria, Senegal, Tanzania and Tunisia.
For companies that are planning to engage with- or are currently engaged with businesses in African markets, CRS Technologies offers a direct consultancy service.
Please visit www.crs.co.za for the latest updates on tax tables and implications for business.
About CRS HR & Payroll Solutions
CRS HR & Payroll Solutions is a provider of services and solutions to the Human Resources and Payroll markets in Africa in general and South Africa in particular.
Established in 1985, the company has served as the premier provider of HR systems, solutions and remuneration products to business across expanding market segments.
Our product portfolio encompasses everything the decision maker in business requires to support the rollout of an effective HR and payroll strategy.
The company’s foremost reputation as a reliable service provider and trader in rapidly expanding market segments and to blue chip companies is underpinned by its affiliation and partnership with a number of respected, industry-regulatory bodies.
CRS is a signatory to the Information Technology Association (ITA) and a member of the Payroll Authors Group of South Africa.
It is also a member of the South African Payroll Association, South African Rewards Association and the Institute of People Management.
Its expertise and business acumen within these mission-critical aspects of business management have ensured that it remains an ultra-competitive, secure and unrivalled market performer.
CRS provides a service to numerous countries throughout Africa, including Egypt, Kenya, Nigeria, Namibia, Botswana, Swaziland, Lesotho and Mozambique.
The continent is viewed as being a thriving, high-growth market and one that the company will continue to add value to.
CRS Technologies contact:
- Sharing more about RETT SYNDROME and how you can help! | #BusinessBrunch | Bjorn Salsone | #PayItForward | Rett-SA | #ebizradio - October 26, 2021
- Equality, diversity and inclusion – starts with YOU | #Insights | #Diversity | Pabi Mogosetsi | Universum Global | #ebizradio - October 26, 2021
- Cyber Security Awareness Month Is a Good Time to Review Your Payroll Provider | #Insights | Sandra Crous | PaySpace | #ebizradio - October 26, 2021
- Motoring News of the Week | Diesel and Dust | Tumelo Maketekete | #Motoring | #ebizradio | #Podcast - October 25, 2021
- Robotics in Retail – What does this mean for you and your business? | #Marketing | Kevin Britz | Craig Page-Lee | #Podcast | #ebizradio - October 22, 2021
- The Youth Unemployment Crisis – What is the impact on individuals and the economy | #Insights | Bryden Morton | Chris Blair | 21st Century | #ebizradio - October 20, 2021
- Going Digital against #GBV | MIP partners with TEARS Foundation | Richard Firth | Mara Glennie | #Digital | #ebizradio - October 19, 2021
- Firstwatch announces 2021 initiative to support entrepreneurs | #Entrepreneurs | #PayItForward | #ebizradio - October 19, 2021
- See me, Understand me, Learn with me | #Insight | #Education | The Montessori model enters your home | Madeline Hoban | InHome Montessori - October 19, 2021
- Is your business ready for the new frontier of hybrid working | Business Brunch with Björn | #Entrepreneur | #Technology | Craig Johnson | NSN.CO.ZA - October 19, 2021