The bright idea
Typically, wages are calculated at the end of a wage period, resulting in a peak in payroll work and delays in forecasting. What if wages were calculated in volume in near real-time?
The Virtuaalitulkki project took a leap forward by moving to a model of near real-time calculation. As a result, costs can be tracked as they accumulate and potential errors are addressed as they occur, improving financial planning and the quality and speed of payroll services. What previously took days now takes hours.
Solving the problem at hand with an in-house solution now means the back office systems are no longer the bottleneck of developing the business. Instead, they are the key drivers.