News + Blog

Simplifying Year End With Our HCM Solution

Posted by Amber Walton on Jan 14, 2021 11:29:25 AM

Payroll taxes can be, for lack of a better word, taxing. Reporting those wages, earnings, taxes, and deductions on employees’ year-end W-2s can be even more of a challenge. 

With our HCM solution, you can process year-end with ease, since payroll is automatically and constantly updated. The system allows your employees to consent for electronic delivery from their desktop. It also allows you to edit, approve, and submit W-2 forms with just a few clicks of your mouse. The same goes for closing out your payroll year. If there are any errors, the system lets you quickly rebalance. 

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Topics: HCM, HRTech, Payroll

HCM Systems - Unified vs. Integrated

Posted by Amber Walton on Sep 23, 2020 11:36:43 AM

As the workforce becomes more and more connected, organizations are searching for new vendors that understand their business and its needs. As you search for the right solution, the question of unified or integrated inevitably pops up. It’s crucial for payroll professionals to understand the difference between the two and how they each significantly impact the payroll process.

Unified: A unified human capital management (HCM) solution is developed by one vendor and has a single employee record, database, and codebase which provides payroll, HR, and workforce management services. An all-in-one solution.

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Topics: HCM, HRTech, HR, Payroll

HCM Solution - Optimizing Payroll

Posted by Amber Walton on Sep 10, 2020 11:36:00 AM

Many companies use multiple HR systems or rely on spreadsheets in order to reconcile different sources of data. This leaves you with no single source of truth for employee data, which causes administrative and procedural issues, limited visibility, and inaccuracies. With paychecks and multiple levels of compliance at risk, it is essential for Payroll data to remain transparent and correct. So, how can your organization’s Payroll system evolve to run at its smoothest? Easy, an HCM solution!

You can simplify your entire payroll process while ensuring accuracy and minimizing compliance risk. Our Payroll module in the unified, cloud-based Workforce Ready suite, calculates payroll in real time so it’s ready for you to view at any time. With complete automation, Payroll processing is streamlined to alleviate inconsistencies and ease administrative burdens. This real-time reporting allows your team to analyze Payroll activity and trends, verify benchmarks, and aid regulatory compliance. The easy-to-use Payroll solution provides you with automated tools and high-quality information needed to help control labor costs, minimize compliance risk, and improve your overall workforce productivity.

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Topics: HCM, HRTech, HR, Payroll

COVID-19 Lessons - HR & Payroll

Posted by Amber Walton on Sep 3, 2020 11:32:17 AM

Many of us have heard that there is a lesson to be found in every challenge, which is true for both individuals and businesses. But these lessons often get lost in the day-to-day grind of life, especially now that work and life have collided. For example, there's so much to do in the HR and payroll space, it is easy to become stuck in administrative tasks and forget the powerful impact we have on our workforce.

These lessons are not taught; they are gleaned from the small and big triumphs that payroll and HR professionals tackle all the time. To strive towards better business outcomes, we will reflect on the lessons dealing with COVID-19 has taught us.

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Topics: HCM, HRTech, COVID-19, HR, Payroll

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