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Integrated HCM system ’empowers businesses to master African tax’

Integrated HCM system ’empowers businesses to master African tax’

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HR and HCM specialist CRS Technologies says a single integrated system allows for centralisation, locality and globalisation.

Amid constant changes to tax and labour legislation, the firm says that businesses must keep ahead of developments affecting the progressive work environment.

“This is why an integrated HCM system makes sense,” said Ian McAlister, General Manager of CRS Technologies South Africa.

“It can cater for all scenarios in operation, including centralisation, locality and globalisation. So, the critical advantage for business is all the relevant information to manage these scenarios is in one place, more efficient and far easier to handle.

“If we delve into one very important area of labour legislation, governance and compliance, namely tax, we know that tax tables change on a regular basis and different countries also have different rules that govern processes and procedures.”

McAlister added that any company trading or engaging with a business based in or expanding into Africa, has to understand the nuances and dynamics that make up that country’s tax table and tax system.

“An effective HCM system must keep track of employee profiles and should have the ability to provide a macro view of the company’s HR structure and workforce data elements such as employee profiles, the positions they are link to and where they sit within the organisation, department and location,” he said.

“The idea is to secure a well-orchestrated, highly effective people management system that links up training requirements, areas of HR management that needs more attention, performance evaluation and other key factors.”

CRS Technologies confirms that it has updated the 2019 Tax Tables for several African countries in its service portfolio, including Ivory Coast, Kenya, Morocco, Mozambique, Nigeria, Senegal, Tanzania and Tunisia.

 

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