Real Time Processing | Meaning & Definition | Akrivia HCM

Real-time processing involves automatically entering employee information from HRIS systems into core payroll programs. This application ensures that the time and attendance records are up to date before any payroll calculations are made. It is one of the reasons that Real-Time Processing is so effective at cutting down on litigation costs while eliminating fraud. It also quickly identifies errors, such as those caused by mismatched employee records or invalid data transfer, which can be corrected before errors result in paychecks with minor mistakes.

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