MAGNAR HCM

The All-in-One HCM Platform for Every Business Size

Products

Business Intelligence

Unlock Insights:
Explore Business Intelligence with Magnar

Magnar empowers you with robust business intelligence tools to unlock the full potential of your HR data. Our platform offers advanced analytics capabilities, allowing you to gain valuable insights into your workforce trends, performance metrics, and key HR indicators. With KPI measurements, you can track and monitor the effectiveness of your HR initiatives, enabling data-driven decision-making. Magnar's customizable charts and visualizations make it easy to present complex data in a clear and actionable format, facilitating communication and strategic planning.

customizable charts and visualizations

clear and actionable format, facilitating communication

01

Profile Management

Edit Profile:

Empowers employees to keep their personal information up-to-date, ensuring accurate records and reducing administrative workload.



Change Password:

Enhances security by allowing employees to update their passwords regularly.

Personalize Self-Service Dashboard: Increases user satisfaction by enabling employees to customize their dashboards according to their preferences.



Change Default Language: Accommodates a diverse workforce by allowing employees to choose their preferred language for better user experience.

04

Loan Management

Loan Request:

Facilitates the application and approval of employee loans, making financial management easier and more transparent.

02

Time and Attendance

View Leave Calendar:

Provides transparency and better planning by allowing employees to view their leave schedules and the availability of their colleagues.

Web Clock-in and Clock-out:

Simplifies attendance tracking by enabling employees to log their work hours directly through the web portal.

05

Travel Management

Business Travel Request:

Simplifies the process of organizing business travel, ensuring all approvals and arrangements are handled efficiently.

Travel Expense:

Seamlessly integrates travel expenses with overall expense management, ensuring accurate tracking and reimbursement.

03

Leave Management

Business Travel Request:

Simplifies the process of organizing business travel, ensuring all approvals and arrangements are handled efficiently.

Travel Expense:

Seamlessly integrates travel expenses with overall expense management, ensuring accurate tracking and reimbursement.

06

Expense Management

Leave Request:

Streamlines the leave application process, ensuring timely approvals and accurate leave records.

07

Leave Encashment

General Requests:

Manage miscellaneous requests such as laptop requests, spouse visa assistance, office supplies requests, parking permit requests, special work-from-home equipment requests, additional training materials requests, or any other non-standard employee needs.

Hiring Request:

Streamlines the hiring process by allowing managers to request new hires directly through the system.


Training Request:

Encourages continuous learning by simplifying the process of applying for training programs.

Digital Document Request: Facilitates access to digital documents, ensuring employees can retrieve necessary information easily.

Resignation Request: 


Manages the resignation process efficiently, ensuring all formalities are completed smoothly.

Employee Edit Request:

Ensures accurate employee records by allowing employees to request changes to their information.

Employee Schedule View:

Provides transparency in scheduling by allowing employees to view their work schedules.

Time Sheet Approval:

Simplifies the process of approving timesheets, ensuring accurate and timely payroll processing.

01

Employee Benefits Management

With Magnar, the possibilities for employee benefits are limitless. Our platform offers a flexible benefits configuration engine that empowers you to tailor benefits to meet the unique needs of your workforce. Using a formula-based engine, you can create a wide range of benefits, linking them to various factors such as Employee Type, Grade, Level, Years of Experience, and more.

02

Social Security Management

Social security is a crucial component of any HR system, and with Magnar, managing social security benefits is effortless and compliant. Our platform's social security benefits module is designed to adhere to the labor laws of each country, ensuring that employee and company contributions are in line with regulatory requirements.

03

Income Tax Processing

Income tax processing is often a complex aspect of any HR system, but with Magnar HCM, it couldn't be simpler. Our platform offers streamlined income tax management, making it easy to navigate tax brackets and related percentages. Magnar's income tax processing module automatically applies the configured tax brackets and percentages, eliminating the need for manual calculations and reducing the risk of errors. This automated approach ensures compliance with tax regulations and minimizes administrative burdens. Magnar HCM excels in managing taxation for multi-company setups across various countries. Our platform features a customized, country-specific labor law plugin that ensures compliance with diverse regulations, providing seamless integration and adherence to local labor laws.

04

Accruals and Provisons

Magnar HCM provides comprehensive functionality for managing accruals and provisions, allowing organizations to plan for future expenses with ease. Whether it's bonuses, airplane tickets, extra months, or any other benefit that needs to be accrued, our platform offers robust tools to facilitate accurate and efficient accrual management. With Magnar HCM, you gain flexible accrual management, allowing customization for various benefits and expenses to meet specific organizational needs. Additionally, Magnar facilitates provisioning for future expenses, ensuring accurate forecasting and compliance with accounting standards, whether it's for bonuses or additional salaries.

05

Multiple Calendars
and Shifts

Magnar supports multiple calendars linked to various employee types, accommodating diverse working schedules and holidays at both the company and country levels.

06

Off-cycle Processing

Off-cycle processing in Magnar HCM is essential for handling payments or calculations of any benefits outside the regular payroll run. This feature enables adjustments for individual employees, groups, or the entire company, ensuring flexibility and accuracy in payroll management.

07

Off-cycle Leave Processing

Off-cycle leave processing in Magnar HCM allows for the advance payment of annual leaves before employees embark on their extended vacations, ensuring timely and convenient allocation of leave benefits.

08

End of Service Settlement

Magnar facilitates the streamlined calculation of End of Service (EOS) settlements, adhering to company and country-specific rules and policies.

09

Leave Encashment

With Magnar HCM, employees have the option to encash unused leave days, subject to management approval.

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