Local Insurance Management
Many enterprises operate subsidiaries or business locations across the globe, but differences in culture and regional regulations often make HR management challenging. Regions such as Mainland China, Vietnam, Indonesia, and Thailand each have distinct local regulations.
A robust HR system should enable local regulatory compliance through parameter configuration—without customization—including management policies, local regulations, currencies, and tax types to meet regional requirements. The Local Insurance Management Module of the ARES HR system features flexible matrix-based parameters that accommodate different tax rates and insurance schemes, making payroll management simple, fast, and accurate.
Easily Meet Multinational HR Management Requirements
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Flexible Parameters for Local Tax Rates and Insurance Schemes
The Local Insurance Management Module adapts to government regulation changes by adjusting contribution bases and rates. It also provides labor and health insurance media comparison functions to reduce HR data processing errors and supports recording special insurance cases.
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Automatic Enrollment/Withdrawal and Complete Insurance Records
The Local Insurance Management Module retains complete insurance records for employees and dependents, offers automatic enrollment and withdrawal functions, and generates annual payment certificates (including dependent data) for income tax declaration, enabling HR teams to operate with ease.
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