Applications: Matrix Time-Attendance Solution for Quick Salary Processing by Eliminating Manual Calculations

Company Profile: 

National Bank of Umm Al Qaiwain (the Bank) is a Public Shareholding Company incorporated in Umm Al Qaiwain by Amiri Decree Number (1) on January 5, 1982, issued by His Highness, the Ruler of Umm Al Qaiwain and commenced its operations with effect from August 1, 1982. The Local government of Umm Al Qaiwain is the largest shareholder and promoter of the bank. The bank is engaged in providing retail and corporate banking services through a network of 14 branches in U.A.E. The Bank carries out Islamic banking operations through Islamic Banking window established in 2005 across its branch network.

Challenges:

They were searching for a fool-proof solution that would help them in managing the Time-Attendance and overtime calculation. With offices spread over 14 locations in UAE, management of attendance data was a daunting task. Thus, centralized attendance data management and maintaining a complete record of their employees were a part of their key requirements. Moreover, their payroll processing deployed a software - RAMCO, wherein the attendance data was manually entered.

Solution:

Established in 1991, Matrix is a leader in Security and Telecom solutions for modern businesses and enterprises. As an innovative, technology-driven and customer-focused organization, the company is committed to keeping pace with the revolutions in the Security and Telecom industries. With around 40% of its human resources dedicated to the development of new products, Matrix has launched cutting-edge products like Video Surveillance Systems - Video Management System, Network Video Recorder and IP Camera, Access Control and Time-Attendance systems as well as Telecom solutions such as Unified Communications, IP-PBX, Universal Gateways, VoIP and GSM Gateways and Communication Endpoints. These solutions are feature-rich, reliable and conform to international standards. Having global footprints in Asia, Europe, North America, South America, and Africa through an extensive network of more than 2,500 channel partners, Matrix ensures that the products serve the needs of its customers faster and longer. 

After a comprehensive discussion with the customer, Matrix offered a centralized platform - COSEC CENTRA, to manage all the data centrally. Door controllers - COSEC VEGA FAX installed in all the office entrances. These door controllers are integrated with the central platform that pushes the event data to the server. Furthermore, the Matrix platform is integrated with the payroll system - RAMCO. All manual work for report generation was eliminated out rightly, simplifying the salary procedure.

Results:

After implementing Matrix solutions, NBQ witnessed drastic changes while following their processes. Effortless attendance management of multiple locations from the Head Office was prominently one of them. The shift allocation and shift correction processes were streamlined. Their solution included some advanced features like customized attendance policy formation and real item alert on attendance related event & auto-scheduled reporting. 

This, in turn, ensured efficient employee database management improving productivity

Products and Solutions Offered:

COSEC VEGA FAX

A complete Time-Attendance and Access Control solution with a blend of aesthetics, size, connectivity, reliability and ease-of-use. It is designed to centrally manage time-attendance and unauthorized access control for large enterprises and multi-location organizations.

COSEC CENTRA PLT

An enterprise-grade, web-enabled application server that controls and manages the entire system from anywhere in the world, at any time. It is the heart of the entire solution and acts as a bridge between applications and the devices.

COSEC CENTRA TAM

An enterprise-grade solution, designed for organizations with multiple locations spread across geographic regions. It automates all Time-Attendance and Leaves Management processes like recording entries and exits, real-time headcounts, report generation and salary processing.


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