Velocity Global

### Product Name

Velocity Global

Compliance Management within Velocity Global helps organizations navigate the intricate web of local labor laws and regulations. This feature continuously updates legal requirements related to employment practices, ensuring that businesses remain compliant without extensive manual oversight. By automating compliance checks and alerts, it addresses the risk of legal repercussions stemming from non-compliance in a dynamic regulatory environment.

#### Payroll

Document Management allows organizations to store, organize, and retrieve important documents related to employees—such as contracts, performance reviews, and compliance records—within a secure digital environment. This feature simplifies access to vital information while ensuring confidentiality and adherence to data protection regulations. It solves the challenge of physical document storage limitations and enhances operational efficiency through easy retrieval processes.

#### Job Management

The Employee Management feature provides a suite of tools for monitoring employee performance, attendance, and engagement levels. It facilitates regular check-ins and feedback loops between managers and team members, fostering a culture of continuous improvement. This addresses challenges related to employee retention by helping organizations proactively identify issues before they escalate.

#### Document Management

The Job Management feature provides a structured approach to tracking job openings within

The Multi-country feature is designed to support organizations operating across different geographical locations. It allows businesses to manage their global workforce seamlessly by offering localized compliance solutions, payroll calculations, and benefits administration tailored to each country’s regulations. This feature solves the complexity of navigating diverse employment laws and cultural differences, ensuring that companies remain compliant while effectively managing their international operations.

#### Employee Database

The Payroll feature enables companies to process employee salaries accurately while considering various factors such as overtime, bonuses, and deductions. This functionality ensures that all payroll transactions are recorded correctly and efficiently executed on schedule. It solves the problem of payroll inconsistencies and delays that can impact employee morale and trust in the organization.

#### Self Service Portal

The Recruiting Management feature streamlines the hiring process by providing tools for job posting, applicant tracking, and candidate evaluation. It allows HR teams to manage the entire recruitment lifecycle from a single platform, ensuring that they can attract top talent efficiently. By improving collaboration among hiring managers and enhancing communication with candidates, this feature tackles the challenges of lengthy recruitment timelines and misalignment within hiring teams.

#### Compliance Management

The Reporting (Analytics) feature of Velocity Global provides comprehensive data insights that empower organizations to make informed decisions. This feature aggregates various metrics from across the platform, enabling managers to track performance, identify trends, and uncover opportunities for improvement. By utilizing customizable dashboards and reports, businesses can visualize key performance indicators (KPIs) in real time, allowing for swift adjustments to strategies and operations. This addresses the challenge of data overload by presenting actionable insights in a clear and concise manner.

#### Multi-country

The Self Service Portal empowers employees by giving them direct access to their personal information, pay stubs, benefits options, and more. This feature enhances employee engagement by allowing them to manage their own details without needing HR intervention for every query or update. It alleviates HR workload while promoting transparency and accountability within the workforce.

#### Employee Management

The Tax Management feature simplifies the often-complex landscape of payroll taxation across multiple jurisdictions. It automates the calculation of tax withholdings based on current regulations and ensures timely filings to avoid penalties. This functionality mitigates the risk of errors and non-compliance that can arise from manual processes, thereby protecting the organization from potential financial liabilities associated with tax mismanagement.

#### Payroll Management

Velocity Global's Employee Database serves as a centralized repository for all employee-related information. This feature facilitates easy access to critical data such as personal details, employment history, and performance records. By maintaining an organized database, HR teams can streamline processes like onboarding, performance evaluations, and compliance audits. The challenge of fragmented employee information is addressed here, as this feature ensures that all relevant data is readily available at any time.

#### Tax Management

Velocity Global’s Payroll Management feature automates the payroll process, ensuring accurate and timely compensation for employees. It handles everything from salary calculations to deductions and disbursements across various countries. By integrating local payroll regulations, this feature minimizes errors and administrative burdens while enhancing employee satisfaction through consistent pay cycles. This addresses the challenge of managing payroll efficiently in a global workforce setting.

#### Recruiting Management