HRMS & Payroll Consulting FAQs
Some of our most frequently asked HRMS and Payroll Consulting questions:
Is it best to have one solution for all functions or to consider breaking out the different components?
This depends upon your needs and growth strategy. For example, some employers like the flexibility of being able to change and replace a part of their system if better technology becomes available. Other employers prefer to have everything in a single place with seamless data communication.
How complex of a payroll solution do I need?
The complexity of a payroll system can vary dramatically based on several factors: growth, whether your organization is multi-state, and your ACA obligations.
Why should I evaluate multiple solutions?
Looking at several solutions not only allows you to understand the market pricing, but it can also expose you to different ways of running payroll and help you to find possible gaps in your current process.
After using a system for many years, what are some reasons that make a move worth it?
Due to the amount of historical data your system contains, making a move to a new platform is a sizable undertaking. This may cause you to be hesitant. The question is: how much historical information do you need in an active state versus how much do you just need accessible? You should also determine whether you’ve outgrown the old software and if the old system is flexible enough to keep up with the changing landscape of your company and industry.