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Payroll Software Features and Requirements

Payroll System

• Core HR

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  How to do this task:

  Subtasks:

• Employee records, benefits management, PTO tracking. document storage

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  How to do this task:

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• Payroll Management and Processing

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  How to do this task:

  Subtasks:

• Payroll tracking, direct deposit, 401k contribution tracking, bonuses and deductions

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  How to do this task:

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• Recruitment and Employee Lifecycle

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  How to do this task:

  Subtasks:

• Job posting, social recruiting, ATS candidate portals, onboarding

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  How to do this task:

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• Workforce Management

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  How to do this task:

  Subtasks:

• Time tracking. attendance and absence management, PTO, scheduling

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  How to do this task:

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• Compensation Administration

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  How to do this task:

  Subtasks:

• Worker's compensation. minimum Wage adjustment, base salary administration

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  How to do this task:

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• Tax Services

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  How to do this task:

  Subtasks:

• Tax calculation, social security taxes, tax document completion, tax filing/sending

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• Reporting

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  How to do this task:

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• Budgeting, forecasting, generate payroll reports, financial projections, drill-down

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• Compliance Management

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  How to do this task:

  Subtasks:

• 401k compliance, HIPAA compliance, EEO/OFCCP compliance, ERISA compliance

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