Instead of manually creating general ledger (GL) journal entries from your payroll data, Payzaar automatically generates the GL journal entries, saving you many hours of time each month.
Since the generation of journal entries is fully automated, payroll data can be posted to the accounting system the moment payroll is run, eliminating delays in providing the Finance & Accounting team with important information.
Payzaar gives you a consistent, reliable way to map your payroll data across all countries to your accounting system, centrally governed and controlled. You no longer need to rely on local payroll teams and external partners to do the mapping for you, and worry about data consistency and accuracy.
By automating the creation of GL journal entries and further minimizing the need for human intervention, you reduce the potential for unintentional errors or fraudulent manipulation.
Payzaar is highly configurable and can work with any local payroll tools and accounting systems, eliminating the need for bespoke solutions. The general ledger structure is completely flexible to accommodate your specific needs.