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Development of a Global SMB Payroll Platform

yojji.io

Financial services

Business services

Challenges

The client required a robust and scalable global payroll system to manage payroll operations for companies worldwide, addressing challenges around strict deadlines and the need for seamless integration with existing financial and legal infrastructure. They needed to efficiently handle diverse payment cycles, manage payees, and provide comprehensive reporting capabilities.

About the Client

A cloud-based fintech company providing payroll solutions to businesses of all sizes globally, focusing on direct money transfers and payment cycle management.

Objectives

Develop a fully functional global payroll system from scratch.
Enable secure and efficient direct money transfers to payees worldwide.
Implement comprehensive payment cycle management features.
Provide a user-friendly interface for managing company, user, payee, and payment data.
Deliver the system within a defined timeline and budget.
Ensure the system meets all regulatory and compliance requirements for global payroll.

Functionality

Time attendance tracking (entry, edit, approve, unapprove)
Company management (add, details, payment cycles, projects, departments, branches)
User and role management (add users, assign roles, manage personal data)
Payee management (add, details, projects, payment details, documents)
Payment cycle management (review, approve payees for payment)
Payment processing (pull time from TA, manual entry, rate changes, bonuses, expenses, payee inclusion/exclusion, invoice download)
Reporting and auditing
Secure data storage and access control

Technologies

Angular

Cloud-based architecture

Secure API integrations

Integrations

Financial institutions for payment processing
Legal systems for compliance
Potentially HR systems for employee data

Non-Functional Requirements

Scalability to support a growing number of users and transactions
High performance and responsiveness
Robust security to protect sensitive financial data
High availability and reliability
Compliance with global payroll regulations

Expected Business Impact

Successful completion of this project will enable Payroll to expand its global reach, enhance its service offerings, and improve operational efficiency. It will allow them to offer a comprehensive and compliant payroll solution to businesses worldwide, solidifying their position as a leading fintech player. The ability to deliver an MVP quickly and iterate based on customer feedback is expected to result in faster time-to-market for new features and improved customer satisfaction.