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Leading Innovation in Human Capital Management

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A State of the Art affordable solution

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A Multi Country , Multi Currency Secure Payroll Processing Solution

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ABOUT

Magnar Systems is a company that provides HR and Payroll Solutions

It all started in 2015 , having the idea to create a digital platform to manage HR & Payroll for SMEs.

The technology was changing fast and the need for a cost effective loosely cooppled , born in cloud platform was really in need.

Magnar Systems team of HR analysts along with a group of experienced developers were engaged in a 4 years project to deliver an HR and payroll cloud solution, using latest technologies and more than 15 years of business experience.

Our target is to be the HR & Payroll choice of the SME market with a solution that is second to non, integrating with major ERP platforms and providing a fast and effective ROI

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PRODUCTS

MAGNAR Human Capital Management

MAGNAR HCM is a Complete and Innovative HR and Payroll solution specifically designed for SME’s based on the features and modules Below

Employee Master File Management

Leave Management

Employee Loans Management

Employee Expense Management

Travel Management

Perfromance & Appraisal

Recruitment

Organization Structure Management

Training Catalog

Employee End of Service Management

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PRODUCTS

Magnar Payroll Processing

Payroll processing made simple. A flexible formula based engine localized for your own country

Employee Benefits Management

Social Security Management

Income Tax Processing

Accruals and Provisions

Multiple Calendars and Shifts

Off-cycle Processing

Off-cycle Leave Processing

End of Service Settlement

Leave Encashment

Flexible Formula Based Payroll Engine

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PRODUCTS

Employee / Manager Self Service

Magnar helps in the company digital transformation. Through a full paperless employee and manager Self-Service.

Leave Request / Approval

Loan Request / Approval

General Request / Approval

Travel Request / Approval

Expense Claim / Approval

Training Request / Approval

Overtime Request / Approval

Clearance Request / Approval

Payslip printing

Self Appraisal

Delegation

Resignation

Recruitment Request / Approval

Multilevel Workflow Management

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Your Employee Management is our speciality.

Magnar Payroll & HR solutions is a key pillar for the stability and efficiency in managing your biggest asset at your organization you Employees who are the major player in the growth of your organization.

Rewarding true Partnerships.

At Magnar we rely on our great partners to insure driving our solutions towards more and more success.

We do offer a rewarding partnership program and a product that will help our partners complement their offerings an improve the profit margins.

We complement your ERP, with a state of the art Payroll and HR Solution

Tue May 2020

With the new Employee Self portal employees can now redeem an expense or request a loan.

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Tue May 2020

Magnar Systems releases Magnar HRDMS ESS Portal.

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Tue May 2020

The version release is inline with Magnar Systems commitment to have to most advance HR solution.

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At Magnar, we believe that great businesses are powered by great people.

Multi Country Support

Magnar HCM is design to support multiple countries within a shared services environment

Multi Company

Magnar is designed to support multiple companies under the same or different labor laws and tax rules

Multi Currency

Magnar HCM support payroll processing and expense management via multiple currencies.

Multiple Language

Magnar HCM can be operated in multiple Languages based in user preference

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Contact information

Location:

Evagorou, 31 Evagoras Complex, 2nd floor, Office 24 1066, Nicosia, Cyprus

Phone numbers:

+357 22 029 071