The sophistication and intuitiveness of technology today is amazing, however, it wasn’t that long ago that carbon paper was the leading edge of information sharing technology. It was a big time saver and changed the way we share information, just as software has changed the way we operate our businesses (and lives) today. Integrating benefits, HR and payroll in one single access solution is another example of utilizing simple technology to solve complex problems.
DENT Benefits is offering a single solution to combine three main areas of your business in one simple, easy to administrate cloud based software program. This type of HRIS (human resources information system) is designed to simplify the administrative tasks carried out by your HR and accounting department. By eliminating mundane data entry, you will be freeing up your HR staff to do what they are meant to do, actually manage people.
In this article we are discussing the benefits of integrating your benefits, HR and payroll systems to create a seamless communication cycle between all relevant parties. Some features of this type of HRIS system include:
- Core HR management
- Benefits administration
- Payroll administration
- Claims processing
- Online document storage
- Built-in compliance tracking
- Customized reporting
- Tax/Banking information
Some benefits to having an all-in-one cloud based solution to effectively manage your human capital include:
Automate HR and Payroll Tasks
This system can be set up to automatically process recurring pay runs and new hires are added easily with one single entry. No more double entry between the HR and Payroll departments. Promotions, family status changes and terminations are processed automatically at the touch of a button, ensuring no miscommunication between departments on important employee compensation matters.
A comprehensive report is much easier to compile when data doesn’t need to be pulled from multiple sources. A single source report generated by a HRIS can be generated easily and instantly. For example, if you wanted to review the cost of employee benefits and how it relates to employee retention over a period of time. Instead of struggling with static spreadsheet reports, you can pull reports that are updated in real-time.
Improved access for Employees
An employee portal would make access to information much easier than employees calling into to talk to HR on a regular basis. Questions about benefits or compensation can easily be accessed through the portal, along with payroll records and any other information an employee might need.
Your business is a living, breathing organism that is constantly evolving. The only way to effectively stay on top of all the administrative tasks required in today’s business environment is a software solution that offers a simple user experience for administrators and employees.
To learn more about integrating benefits, HR and payroll in one software solution, we strongly encourage you to contact the experts at DENT Benefits who specialize in creating custom solutions for businesses of any size.
The information in this material is derived from various sources. Material is provided for general information and is subject to change without notice. Every effort has been made to compile this material from reliable sources; however, no warranty can be made as to its accuracy or completeness. Before acting on any of the above, please contact us for benefit, pension and insurance advice based on your corporate or personal circumstances.