Kronos iSeries Accruals streamlines the management of complex accrual regulations and policies, such as long-term leaves of absence.
Many organizations spend a substantial amount of time and effort tracking and enforcing compliance with government regulations, labor contracts, and corporate leave policies. Kronos iSeries Accruals, a powerful component of Kronos iSeries Central suite, calculates the balances of each employee’s available accruals and uses a flexible, configurable rules engine that provides a variety of ways to administer accrued leave time.
With Kronos iSeries Accruals, your organization can better manage compliance and leave liability, and increase administrative efficiency, resulting in higher productivity and lower costs.
Kronos iSeries Accrual offers a range of benefits:
- Increases productivity by eliminating manual calculations and record keeping
- Applies accrual policies accurately and consistently across your organization
- Delivers real-time balances to managers and employees through self-service
- Reduces costs by elimination unauthorized leave and managing absences
- Simplifies compliance by automating leave tracking and record keeping
Download this datasheet to learn more about how Kronos iSeries Accruals can meet the needs of your organization.