Time lost is lost forever - true and I've had three full months without any new posts....Personally it's been an exciting period for me - moving out of the lax groove of bachelorhood, being married to the woman I love and finding that the 'life' in 'work-life balance' indeed does exist!
Eventhough it's three months into the new year, let me wish all of you a wonderful year ahead - a year full of new and fruitful experiences and learning!
I am sure that 2010 is going to be more exciting than the last two years which saw companies freezing investment on HR projects eclipsed by the worst recession since 1930s. Things have already started to look up - companies are hiring Peoplesoft consultants in scores and dozens, organisations have lapped up version 9.1 in a big way and HRIT projects seem to be getting favour once again!
So, what is going to be my theme and focus in the year ahead? Undoubtedly it's got to be about finding better ways to give customers a better deal in Peoplesoft Time and Pay implementations. I believe it's time for us to offer specialised and holistic solutions in this space to our customers and look beyond words like 'deployment' or 'implementation'. Undoubtedly, any time and pay HR suite (includes Time and Labor, Absence Management and Payroll solutions) has a direct impact on the company's financials and it's extremely critical to get it right the first time. I am convinced that we have a long way to go in this space - simply implementing certain modules will not work in this case as any time and pay implementation requires extensive integration between the modules as well as with external systems, requires tight audits and most importantly, the real life scenarios are extremely difficult to simulate in a test environment. I will not be exaggerating when I say that there are a number of customers out there who are bleeding thousands of dollars every pay period due to the issues with their time and pay systems - don't they require a better deal? I am convinced that they do and it will be difficult to achieve that with the current approach to Peoplesoft implementation.
My focus over the next few months will be on conceptualising a better framework and approach to time and pay system adoption and this blog will be my mouthpiece!
Showing posts with label Payroll Audits. Show all posts
Showing posts with label Payroll Audits. Show all posts
Thursday, April 1, 2010
Sunday, November 1, 2009
Peoplesoft 9.1 - Time and Labor: Viewing Unprocessed Time
Oracle has strategically combined Time and Labor, Absence Management, NA Payroll and Payroll Interface into a category called 'Time and Pay' modules (interesting that Global Payroll has been maintained outside this classification!). One of the thrust areas of 9.0 as well as 9.1 has been about improving the integration and audit around these modules. Oracle took a visionary step in integrating absence self service into Time and Labor in 9.0, which I reckon is singularly the most important and useful feature upgrade from a T&L perspective after the changes to the schedule definition architecture in 8.9. For a shop that runs Absence Management, Time and Labor and Payroll for North America, the biggest challenge is to reconcile the interconnected data between the three modules - I've seen major glitches in the integration between Absence Management and Time and Labor in 8.9, which invariably leads to data inconsistency between the three modules and worse, has a negative impact in terms on Payroll compliance. While I expect much of the loose ends to be tied with the enhanced integration of Absence Management and T&L in 9.0 and above, it was really heartening to note that Oracle has provided two new pages to review unprocessed reported and payable time in 9.1. I am sure my folks in the payroll team would love that - to see which all rows did not get over to Payroll from Payable time and to see the rows in reported time not processed by Time Admin (it's not great drooling into PS Query reports all the time!).
The new pages can be found under the following navigation:
Time and Labor --> View Time --> View Unprocessed Time.
The page to view unprocessed payable time is given below:
On the flip side - I am slightly let down by the fact that Oracle did not come out with more delivered reports in 9.1 - we are still stuck with the same old Time Card, Scheduled Hours, Payable Status and TCD Usage reports. Any area related to Payroll requires extensive reporting and auditing and it would be great for Oracle to come out with something like a Payroll dashboard that would integrate data between AM, T&L and NA Payroll. The job to audit the data consistency between these three modules is not straight forward and easy, while it is critical for business to get the numbers spot on - wouldn't it be wonderful to have an off the shelf suite to audit the entire payroll data and certify that what is being paid out is the correct amount? I would love to see that!
The new pages can be found under the following navigation:
Time and Labor --> View Time --> View Unprocessed Time.
The page to view unprocessed payable time is given below:

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