clear and actionable format, facilitating communication
Efficient Payroll Processing with Magnar
In the realm of payroll processing, compliance and efficiency are paramount. With Magnar PayPro, you can seamlessly meet this critical requirement. Our platform empowers you to process payroll for thousands of employees within seconds, ensuring swift and efficient payroll operations. Magnar’s unrivaled flexibility HCM Elements module is designed to configure your business’s payroll while maintaining compliance with regularly updated labor laws specific to each country.
Magnar’s PayPro sets the standard for payroll processing with unmatched user-friendliness, flexibility, performance, and security. Tailored for companies of any size and location, our platform is designed to excel in meeting your payroll needs, backed by a robust set of features and modules:
01
Employee Benefits
Management
With Magnar PayPro, 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.
04
Accruals and Provisons
Magnar PayPro 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.
07
Off-cycle Leave
Processing
Off-cycle leave processing in Magnar PayPro allows for the advance payment of annual leaves before employees embark on their extended vacations, ensuring timely and convenient allocation of leave benefits.
02
Social Security
Management
Social security is a crucial component of any HR system, and with Magnar PayPro, 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.
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.
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.
03
Income Tax Processing
Income tax processing is often a complex aspect of any HR system, but with Magnar PayPro, 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 PayPro 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.
06
Off-cycle Processing
Off-cycle processing in Magnar PayPro 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.
09
Leave Encashment
With Magnar PayPro, employees have the option to encash unused leave days, subject to management approval.
01
Employee Benefits
Management
With Magnar PayPro, 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 PayPro, 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 PayPro, 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 PayPro 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 PayPro 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 PayPro 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 PayPro 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 PayPro, employees have the option to encash unused leave days, subject to management approval.
English 
Spanish 
Arabic