Enterprise HR Solutions
CoreCSO
Reduce administration, ensure accuracy and save time with CoreCSO
CoreCSO: Automating Mandatory Reporting
What does this mean for your organisation?
From quarter one of 2008, all organisations will be required to complete and file detailed reports on their employees working hours, salaries, employers social contributions and other nonwage related costs. These reports will have to be completed on a quarterly basis and will be mandatory for all organisations on an ongoing basis.
Benefits of CoreCSO
CoreCSO allows your HR or Payroll department to complete and file reports quickly, accurately and efficiently. The advantages of incorporating CoreCSO to your existing CoreHR suite are extensive. Some of the benefits you can expect to enjoy include:
- Rapid Return on Investment
CoreCSO immediately justifies your investment. From the day you complete your first report you will be saving your organisation time, administration and effort. Most organisations can expect a 100% return on their investment in CoreCSO within the first year of operation.
- Time Saving
Typically organisations experience an 80% reduction in the administration associated with completing and returning reports. For medium to large sized organisations, a saving of between 16 and 36 working days per year can be expected.
- Reduced Duplication of Effort
Once CoreCSO has been set up to compile your information from the correct sources, the majority of the work is done. Staff will no longer have to manually search for and correlate the required information four times a year every year. CoreCSO automatically extracts the required information from your existing CoreHR solution, with minimal intervention from HR staff.
- Reduce Administration Overhead
Payroll and HR staff will be relieved of the ritual burden of manually compiling, completing and filing EHECS forms for all employees, allowing them the time to focus on the more pressing issues that can make a real difference to your organisation.
- Meeting Required CSO Standards
The completion of EHECS reports is a requirement for all organisations which comes in to effect from 2008. By implementing CoreCSO you can rest assured that you will consistently and accurately complete and return reports on time, every time.
- Leveraging Your Investment in CorePay
By selecting CoreCSO you can leverage your initial investment in CorePay, through the addition of a truly useful and effective partner reporting module.
