The Benefits of Managing your Payroll with FastPay 360
Payroll has a reputation of being difficult and tedious, and this can be quite true when payroll is processed manually. There are many repetitive tasks that sometimes allow errors to sneak in, and when you add employees making HR requests pertaining to payroll questions, it can be quite a headache.
You may not have even realized how much your business could benefit from a dedicated payroll software solution. Good payroll software can take your business to the next level, and with a solution like FastPay 360, you’ll be amazed at the power and flexibility it affords to your payroll team.
The Benefits of Payroll through FastPay 360
Reduced daily administrative tasks
The easy to use, intuitive interface, automated processes, organized data, and access-from-anywhere software reduce the burden on your payroll team and free them up to focus on more important tasks. You’ll be in complete control of the payroll process every step of the way, and with a mobile application that everyone in the company has access to, you’ll be reducing employee HR requests at the same time.
Intuitive and actionable reporting
FastPay 360’s built-in custom reporting tools give you access to the information you need, when you need it. You’ll be able to see all of your payroll data in one place, and with customizable reports and filters, you’ll be able to generate reports and graphs that give you actionable insights on payroll, overtime, and more to help you improve productivity.
Accurate payments, every time
You’ll never have to worry about inaccurate or late payments again. FastPay 360 takes the hassle out of manually processing payroll from week to week, and since the payroll system speaks directly to the timekeeping system, amounts will always be accurate and timely. The system also aids in tasks like check printing, direct deposit setup, filing and processing taxes, and more.
Improved employee payroll services
Payroll services through FastPay 360 benefit your employees as much as they benefit you. They will have access to multiple self-serve features that will make their lives easier, like accessing pay stubs online, making easy changes to direct deposit and withholding allowances, and viewing online time cards. All of this is done through an always on, mobile-friendly system.
Minimized compliance risk
An all-in-one payroll solution like FastPay 360 helps your company avoid fines and penalties. It assists with accurately filing taxes with the IRS, minimizes legislative takes required for compliance with local, state, and federal law, and helps with managing complex benefits and administration tasks associated with policies like the ACA.
Integrated with other tools and data
Payroll is one valuable service offered through FastPay 360, but the real beauty of the system is that it fully integrates the tools and information across the entire system. Payroll talks with timekeeping, scheduling, accruals, performance management, and ACA compliance management, allowing you to control and manage complex processes with ease. Whenever the data from one tool is updated, the data across the entire system is updated, ensuring you’ll always have accurate and complete employee data to work with.
Processing payroll doesn’t have to be a burden. Through FastPay 360, it can become something efficient and manageable that everyone in your company can benefit from.
Payroll isn’t the only solution offered through FastPay 360. Download our free ebook below to find out how our tools can serve your business needs.