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Norvetuva

A highly automated and accurate system for calculating and accounting individualised pay for a company with hundreds of employees.

⸻ Success story

Challenge

  • Build an efficient and highly automated accounting system.
  • Build an efficient payroll system for a company with hundreds of employees, individualised for each employee, with pay calculated in less than 5 working days.

Situation

More than 500 people work at Norvetuva under various types of contracts, and payroll has to be calculated for all of them. 90% of them do not work under a standard employment contract with a fixed salary, so pay is calculated individually. In addition, taxes must be calculated and paid in other countries.

Solution

  • Processes streamlined.
  • RPA and custom programming used to automate processes.
  • Bookkeeping is maintained.

500+

Accurate individualised payroll for 500+ employees in 5 working days

While modernising the accounting, processes were carefully designed and refined, reporting templates created and programming solutions chosen that optimised operations and minimised human errors as far as possible. The highly automated payroll system, individualised for each employee, allows us to complete this function in less than 5 working days – as precisely as a Swiss watch.