Payroll System Executive Summary free essay sample

Executive Summary JGC Philippines, Inc. (JPHIL), was incorporated and registered with the Securities and Exchange Commission (SEC) on September 5, 1989. It is originally engaged in providing engineering services which consist of feasibility study, front-end engineering and detailed engineering design for its mother company in Japan, JGC Corporation. , and its domestic clients. The core of objective is to employ, maintain and develop the best people through challenging careers, growth opportunities, competitive compensation, performance rewards and a nurtured balance between work and personal life.JGC Philippines, Inc. is having a specific problem with their system precede that involved calculations and recording of essential data. The company is using manual payroll system which experiencing slow processing of data and also very costly since it takes up a lot of time, resources and money. In order to cope with it, the staffs are extending their time (overtime) just to compute the payroll of the employees. The accounting department find it difficult and the result on this is a delayed salary for the employees. We will write a custom essay sample on Payroll System Executive Summary or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page There is also a high volume of errors using manual computation. For that matter, the proponents decided to build up a system in which it will try to solve this kind of problem. Then, there would be less, efforts to be done and no more unorganized flow of processing. For this reason, the proponents come up with a payroll system that will manipulate the information receive and transmitted to produce an efficient and effective process that can be use by the JGC Philippines, Inc.