City of Orlando Careers’ Post

I’m no Gordon Ramsay, but something tells me the product below may not live up to the advertising. For companies considering outsourcing your payroll processing, it is wise to make sure you do your due diligence to understand very clearly what is included and what is not. Not all payroll outsourcing services are equal, though the advertising might look equally impressive. Some questions to ask: ✅ Will I get a dedicated Payroll Specialist? ✅ Will my Payroll Specialist have a backup for when they are out sick or on vacation? ✅ How many layers of backup will there be? ✅ Will my Payroll Specialist be competent on my Payroll/HRIS system (Paylocity, Paycor, Paycom, UKG, Ceridian, ADP, etc?) ✅ Will my Payroll Specialist collaborate closely with my HR department to ensure pre-processing data is accurate (employee changes, proration calculations, earnings and deduction changes, garnishments and tax levies, etc)? ✅ Will my Payroll Specialist review and audit time and attendance calculations and import these into my HRIS system? ✅ Will my Payroll Specialist handle my off-cycle payroll needs? ✅ Will my Payroll Specialist prepare and distribute post-processing payroll reports to our finance team? ✅ What about end-of-the-month auditing and reporting? Will this be handled? ✅ Will my Payroll Specialist assist with tax reporting and any needed previous quarter adjustments? Hopefully this list will help you do your homework so that you can avoid getting “corn syrup-filled ketchup” when you really were looking for a “reduction sauce.” https://lnkd.in/eRtifPRT

When starting a global payroll project, organizations aim for a quick and smooth setup to start benefiting as soon as possible. However, if the project isn’t well-prepared, delays can occur, often becoming apparent late in the process. These delays can lead to missing your planned start date, higher costs, and keeping current providers longer while resolving issues. 1 - Ensuring Reliable Data For a payroll system to work well, your HR system needs to have up-to-date and historical payroll data. Many companies struggle with this because their data is scattered across different offices or isn’t stored centrally. This problem is often due to introducing a new HR system at the same time as the global payroll system, or because companies don't store payroll data in their HR system and use local teams or spreadsheets instead. To avoid these issues: Prepare and store all payroll data in your HR system before starting. This includes data that might be relevant to only some countries. Work with local teams to check and confirm that the data in the HR system matches their records. Making sure data is consistent across your HR system, local offices, and existing payroll providers is crucial for a smooth implementation.

Your HR & Payroll software is making your team work harder unnecessarily Work smarter, not harder. That's where having a single solution for HR and payroll comes into play. At XCD, we believe in the power of streamlining these crucial functions into one comprehensive system. When HR and payroll processes are managed through two separate systems, it leads to unnecessary complications. Data needs to be entered multiple times, increasing the risk of errors. This not only wastes valuable time but also compromises data integrity. Imagine having to manually re-enter employee information from one system to another. It's not just tedious; it's also not the best use of team resources. A single HR and payroll solution provides a single source of truth. This means all your employee data is stored in one place, ensuring consistency and accuracy. With XCD, you don't have to worry about conflicting data between different systems. Everything is updated in real-time. One of the biggest advantages of a unified system is the time saved. Without the need to reconcile data between multiple systems, your HR and finance teams can focus on more strategic tasks. Instead of spending hours verifying data and correcting errors, they can dedicate their time to initiatives that drive your organisation forward. What key tasks could you get done with the time saved using XCD's single solution for HR & Payroll? Reach out to me at nicholasgh@peoplexcd.com

Deciding between in-house and outsourced payroll processing? Explore the pros and cons to find the best fit for your business. Read more- https://bit.ly/3BCgFoO #90daysfreetrial #hris #humanresourcetalentmanagement #humanresourcemanagement #upgradeyourworkplace #hroperations #automatedhrms #hrsimplified #reducemanualwork #mobileapp #freetrial #kasturihr

Earlier this week, I had a conversation with an individual regarding their need for a timekeeping and their payroll system, which was not integrated. Through our conversation, there were 3 things that hadn't been realized how this has caused some unnecessary problems. First, there is the increased administrative workload. Managing separate systems requires more administrative effort, leading to inefficiencies. HR staff must spend extra time reconciling data, which takes away from more strategic activities and increases operational costs. Second, there is an increased risk of data entry errors. Manually transferring data between separate systems can lead to mistakes, causing inaccuracies in employee paychecks and time records. This not only impacts employee satisfaction but also requires additional time and resources to correct errors. Lastly, compliance risk related to labor laws. Without integrated systems, tracking and reporting accurate time and payroll data can become challenging, leading to potential compliance issues with labor laws and regulations. This increases the risk of fines and legal complications for businesses. Despite the business utilizing a PEO currently, this type of integrated solution wasn't available and I really don't understand why it's not. There was a great sense of satisfaction from the HR Director to hear that CoAdvantage has an integrated solution, where the employer and employees have the ability to track hours, request time off, view reports, and handle other tasks quickly and easily through our CoAd Quantum HR technology platform. Looking forward to meeting with this business to discuss this some more. Andy Cullen, Maria M., Dede Ebelt

🔍 The Importance of Unique Identifiers for Effective Payroll Reconciliation For finance and HR professionals, the year-end payroll reconciliation process can often be a daunting task. However, implementing unique identifiers for each staff member can significantly streamline this process and improve accuracy. Why Unique Identifiers Matter: 1. Accurate Year-End Reconciliation Combining all 12 payrolls for the year into one consolidated report is essential for year-end LIRS reconciliation. Unique identifiers ensure that each employee's data is correctly matched and aggregated. 2. Automation Efficiency. Many automated reconciliation templates and tools require unique identifiers to function correctly. These templates can save valuable time and reduce errors, but they depend on having a unique number for each staff member. 3. Seamless Integration: Incorporating unique identifiers into your payroll system allows for smoother integration and updating of payroll data throughout the year, making year-end tasks less cumbersome. 4. Enhanced Data Management. Unique identifiers facilitate better data management and tracking, ensuring that employee records are accurate and easily accessible. As we are in the second year-end reconciliation period, now is the perfect time to review your payroll system and ensure that each staff member has a unique identifier. This simple step can make a significant difference in the accuracy and efficiency of your payroll processes. 💼 Let's make payroll reconciliation less of a headache and more of a breeze! Feel free to reach out if you have any questions or need assistance with implementing unique identifiers in your payroll system. #Finance #HR #Payroll #YearEndReconciliation #DataManagement #Automation

Unlock Global Growth with Borderless Payroll Are you struggling to manage payroll across borders? It doesn’t have to be complicated. Borderless Payroll empowers businesses to expand globally with ease by offering a fully compliant and audited payroll and employment solution through our Employers of Record: Multi-Country Payroll: We easily manage payroll for employees in multiple countries. Compliance Mastery: We stay ahead of ever-changing local regulations, ensuring compliance in every country you operate in. Automated Efficiency: Our experienced team and advanced software save time and money with automated payroll processing that eliminates the risk of costly errors. HR management and legal assistance: Our HR and legal partners are on hand to help you with any situation that may arise. Employee Perks: tailor-made benefits and perks for employees through our Borderless app. Expand without the headache. Let Borderless Payroll handle your international payroll and employment needs while you focus on growing your business! Are you ready to scale globally? Contact us for an evaluation of your business needs!