Published By: Workday
Published Date: Oct 22, 2019
Bringing HR and Payroll together in a single system can not only help you streamline your hire-to-pay process but also boost efficiency and agility across the organization. Read now to learn how one source for all your people data can help HR and Payroll become stronger partners to the business.
From professional services and hospitality to healthcare and retail, businesses thrive when they have fast, reliable Internet connections. You need reliable connections to send sales transactions, upload files, transmit payroll data, and take advantage of cloud-based applications for sales, finance, and shipping. Then remember all of the different devices in your office – like mobile phones, wearables, tablets, and even desktop phones – and the need becomes even greater.
In today's digitalized economy, web applications and the browsers that connect
to them predominantly rely on the Secure Socket Layer (SSL) and Transport Layer Security
(TLS) protocols to encrypt sensitive business information and personally identifiable
information (PII) – such as customers’ credit card details, user account passwords,
corporate sales and payroll data, etc. – before sending them securely over the internet.
SSL/TLS encryption ensures information transmitted over the internet through e-mails,
e-commerce and online banking transactions and a myriad of cloud and online services
are kept secure.
Your global organization’s network of human capital management (HCM) platforms is the nerve center of your entire enterprise.
But passing data back and forth between disparate HCM systems has never exactly been easy. So your HR, payroll, talent, benefits and time and attendance systems, often specific to regions and countries, fire futilely across data synapses that in real-world terms leave you blind to the true state of your business.
SuccessFactors Employee Central provides a single employee global system of record that is deployed in the cloud and brings greater workforce visibility to small and medium-size businesses. HR can quickly integrate workforce data from the SuccessFactors BizX Suite of talent management solutions – including Performance and Goals, Compensation, Learning and more, as well as from third-party systems, such as payroll, benefits, and time and attendance. Employees can use the Employee Central self-service features to update their personal information, while managers can easily change employee information such as promotions, salary changes, terminations and more with customized approval workflows. The result: An integrated 360-degree view of the workforce that HR can access through standard and ad-hoc reports to make fast, informed decisions based on consistent, up-to-date data. To learn more, download the SuccessFactors Employee Central business brief for small to medium-size businesses
How do you know for sure that you're managing compliance with labor laws and regulations correctly and accurately? Start by completing this checklist. Responses to a recent Kronos® survey of 812 HR and payroll managers identified five key compliance readiness issues that organizations need to address to reduce risk of noncompliance.
These issues were determined from questions such as:
•Can I easily respond to and communicate to my organization about new regulations within 60 to 90 days?
•Do I spend more time on duplicate data entry among various systems than I do on strategic initiatives?
•Does my workforce management vendor provide education and tools that help my organization stay compliant?
Download this piece and complete the entire checklist to see where your organization stands on compliance preparedness. You can also and find out more about the Kronos single unified platform for HR and payroll that can help you adapt to regulatory changes and reduce the data-entry complexity, co
Now is a great time to start building a case for updating your organization’s payroll system. New payroll technology automates and streamlines processes, eliminates redundant data entry and multiple customizations, and increases productivity, while reducing costs and improving compliance controls. But to make this change, you need to make the most effective business case. Discover five key business drivers in payroll that will help make the case for change and persuade leaders to invest their time and money in your business case.
When it comes to time, there never seems to be enough. Just ask any payroll professional. Time constraints are nothing new, but what is new is how payroll professionals are tackling the challenge. They are discovering how to strategically leverage today’s best-of-breed human capital management (HCM) technology to better manage the expectations and demands placed on today’s payroll teams to achieve greater business results. By investing in an HCM solution as an integral part of their workforce management strategy, businesses can align and create efficiencies within three core areas of payroll — compliance, processes, and data visibility. This will free up time for an already over-burdened payroll team that can add value, deliver on actionable real-time data, and execute on company-driven projects that can impact organizational goals and improve bottom-line results.
Your global organization’s network of human capital management (HCM)
platforms is the nerve center of your entire enterprise.
But passing data back and forth between disparate HCM systems has never
exactly been easy. So your HR, payroll, talent, benefits and time and
attendance systems, often specific to regions and countries, fire futilely
across data synapses that in real-world terms leave you blind to the true
state of your business.
As you gather requirements and begin researching solutions, you’ll need to consider the functional capabilities required to produce accurate payroll, the vendor qualities you value most, and finally, how you plan to implement a new solution. Here are 15 points to keep in mind.
Did you know the Department of Labor assessed $82 million in penalties in 2013? Misclassified employees, lack of documentation, payroll errors and employment discrimination lawsuits add up to costly mistakes for healthcare organizations every day. If you’re using spreadsheets to track employee data and relying on disconnected information systems, your organization is at risk of becoming a statistic. This whitepaper will empower you to mitigate risk and ensure your organization can continue to serve its mission.
Download this whitepaper to learn why many small and mid-sized firms are choosing a more robust outsourced solution that combines HR tasks, like time and attendance management and workforce administration, with traditional payroll processing to improve data accuracy, ensure regulatory compliance, and deliver greater economies of scale.
The white paper will discuss in greater detail what the cost associated with audits, corporate hackers, tax issues, payroll disputes, and employee lawsuits can be. We will then explore how time management software can resolve the problem, and what the next steps to implementing this technology are.
When employee absences can make up 36 percent of an employer’s payroll, companies need to manage leave without adding costs. Find out how an integrated system will improve the bottom line and bring people data together.