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Dynamics 365 FastTrack Payroll & HR

Accelerated & Simplified HR & Payroll Solution for Dynamics 365 ERP

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solution for Payroll & HR

Microsoft Dynamics 365 FastTrack solution for Payroll & HR has been designed to enable organizations deliver business value faster and expand their capabilities. It helps create a high performance culture by empowering your HR team to customize its hiring process with collaborative recruiting, improve employee onboarding, accelerate impactful priorities, establish key connections, align performance assessments, fast track development and drive operational excellence. The human resource and payroll capabilities in the Microsoft Dynamics 365 HR module enables companies to manage the full ‘hire to retire’ cycle for each resource effectively. As an intuitive and user-friendly solution, Microsoft Dynamics 365 Payroll simplifies payroll processing and reconciliations with core human resource operations and talent management features.

Dynamics 365 HR & Payroll Implementation Timeline

TasksEstimated Time
Create employees and roles-TBD – # of employees
Create payroll set ups40-80 hours
Create commission models40-80 hours
Create skills and assign to employees40-80 hours
Create benefits plans40-80 hours +
Create Performance Review models40-80 hours
Create Jobs /Positions40-80 hours
Set Up time and attendance – Salary/ Hourly80+ hours
Set up Tax Tables and models – per country80-120+

Why FastTrack for Payroll / HR

The FastTrack Payroll & HR solution is a pre configuration of Microsoft’s Dynamics 365 Finance & Operations ERP Platform which is intended as an accelerator for businesses looking to deploy HR and payroll services to their company and employees. It gives your human resource team the core administrative capabilities by enabling them to effectively streamline the recruitment and payroll processes with strategic tools.

Dynamics 365 FastTrack for Payroll & HR offers:

  • Rapid implementation
  • Initiation services
  • Pre-configuration
  • End-to-end solution
  • Data migration services
  • Performance optimization
  • Extremely cost effective
  • Application lifecycle management (ALM) services
  • Regional Policies support (EMEA, AP)

What Dynamics 365 FastTrack Payroll / HR offers

Microsoft Dynamics 365 HR module bundles human resource and payroll capabilities in a single cost-effective solution which empowers HR and payroll administrators to save cost and time. The Microsoft Dynamics HR module is flexible enough to cater to regional requirements and powerful enough to comply with full company regulations, specifically in terms of a complete workforce. The Dynamics 365 FastTrack solution offered by Folio3 supports the following processes:

  • Employee recruitment, approvals, performance & appraisals
  • Employee hiring to termination processes and reporting
  • Employee compensation models, promotions and increases
  • Employee skills & certification tracking and reporting
  • Employee portal for documents, contact and skills
  • Employee time & attendance tracking and approvals
  • W2, W4, 1099 Maintenance
  • Timesheet entry and approvals for non-clock in employees
  • Process payroll by batch, legal entity, department and employee
  • Report for tax
FastTrack Payroll / HR offers

Microsoft Dynamics 365 HR & Payroll Features

Dynamics 365 is an advance offering by Folio3 which is based on the adaptable Dynamics 365 for Payroll/HR. What we are offering is a FastTrack Payroll & HR solution which provides a very cost effective way for an organization to utilize the Payroll and HR capabilities of Dynamics 365 to its full potential in a matter of just 3-4 weeks. By effectively using the Dynamics 365 HR module capabilities through our FastTrack solution, companies can become capable of managing human resource and payroll issues across the organization. The FastTrack Dynamics 365 Payroll/ HR solution will support your organization’s core day to day business operations in the following configurations and modules:

Payroll

  • Manage compensation plans and increases
  • Create and Manage Commission templates and apply to employees or teams
  • Manage employee benefits plans and features and assign to opt in employees
  • Manage deductions, benefits, garnishments, additional paytoo’s

Tax

  • Create & Manage Tax Authorities
  • Create and Manage Tax Tables by Authority
  • Create Tax Reports for Submission

Human Resources

  • Create New Employees
  • Create and Assign Roles
  • Create and Manage Skills & Certificates & Assign to Employees
  • Create Performance Plans for Employees
  • Create and Manage Employee Benefit Plans
  • Employee Portal
  • Manage Payroll Entry & Payment
  • Core Reports & Charts/ Graphs

Optimize your Business Processes with FastTrack Payroll / HR Solution

The FastTrack solution by Folio3 will prepare your organization for driving success. Our Dynamics 365 HR and Dynamics 365 Payroll solutions will enable your HR team to effectively manage and align your organization’s workforce to achieve their business goals. We ensure that the FastTrack Payroll and HR solution offers your organization integrated, real time data for all your payroll, training and recruitment campaigns. Microsoft Dynamics 365 HR & Payroll will offer your organization core administration, payroll and human resource management capabilities which includes:

  • Employee time & attendance tracking and approvals
  • Requisition creation for new hiring & management of approval workflow
  • Complete hire to terminate processes including documentation, management and reporting
  • Performance management with templates for teams or individuals and actions
  • Employee skill development, performance, goal and review management
  • Documentation of employee feedback (positive or negative), required actions and notes
  • Management of compensation plans and increases and commission templates
  • Manage employee benefits plans and features and assign to opt in employees
  • Manage deductions, benefits, garnishments, additional paytoo’s
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