New Offering Helps Employers Integrate a Variety of Key Payroll and Human Resources Tasks within One Database
Inova Payroll has announced the addition of a human capital management (HCM) solution to serve large employers and their human resources departments by streamlining tasks related to all aspects of the employee life cycle.
With the addition of the HCM solution, Inova Payroll now offers an integrated set of tools that enable HR professionals to recruit, onboard, pay, administer benefits to, and communicate with their employees, all within one database. Additionally, Inova Payroll HCM customers are able to conveniently manage Affordable Care Act data and compliance with helpful average hours worked reporting, automatic eligibility reminders, and reporting and filing services.
“Today’s employers are moving toward fully integrated payroll and HR systems that seamlessly access information from a single database,” said Farsheed Ferdowsi, Inova Payroll’s founder, president and CEO. “This provides several advantages to the employer. The most important is elimination of double entry of the same information and multiple log-ins into disparate systems. Additional advantages include, improved HR task efficiencies, greater insight into workforce metrics, and more opportunities to engage workers whether as a job applicant, seasoned manager or retiring employee.” Ferdowsi continued, “At Inova, we saw this important industry development and quickly made the decision to bring advanced HCM solutions to the market.”
Employers using Inova Payroll’s HCM solution select from a variety of services including recruitment/talent acquisition, onboarding, benefits administration, core HR management, performance management, compensation management, ACA compliance monitoring and reporting, payroll processing, payroll tax filing and payment, and customized workflows with manager and employee self-service.
Select Inova Payroll clients are starting on the HCM service this month and the company is currently accepting new HCM clients for a Q1 2017 start date. For more information about the company’s human capital management solution, visit their HCM solutions web page or call the corporate office at (888) 244-6106.