Ascentis Blog

Information to help HR and payroll managers, recruiters, and compliance officers become more effective.

Tag Archives: workforce management

SWOT Away your Labor Issues

When you put together your annual business plan, you probably do a Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis to determine how your company is different from your competition and what actions will keep your business going and growing. But, the biggest threat to your business may be the one thing to which you are paying the least attention.

Based on recent regulatory and court activity, wage and hour litigation is the single greatest threat to your continued business success according to this article on compensationcafe.com.  Misclassification, wage theft and other issues require as much attention from businesses as product, pricing and promotion.

Wage and hour litigation is expensive – costing companies up to double and triple damages plus fines plus attorneys fees. While income from operations usually comes in incrementally, wage and hour settlement payouts are a large sum hit on the bottom line. This can not only devastate an organization it can bankrupt it, affecting every single member of that company.

So, how much attention are you paying to your employment practices? Have you performed a SWOT analysis? What are your strengths? Your weaknesses? Where do you have opportunities? What issues pose the greatest threat?

Conducting a compliance audit is a great opportunity to identify and eliminate your unwritten employment policies and practices. Research best practices through discussions with human resources professionals and your legal counsel and make a plan to implement them.

Stay informed about the latest in HR and payroll news, trends, best practices and evolving legislation. Sign up for the monthly Ascentis HR, Benefits and Payroll News.

March Conferences, Ascentis, HR and You

Are you an HR.com member? Ascentis will be participating in the HR.com Virtual Conference Mar. 14-15. Be sure to visit the Ascentis Virtual Booth. We’re happy to answer any questions you have about HRIS systems, benefits management, auditing, risk management and anything else related to HR. One of our in-house HR experts, Ewan Rankin, will be on hand at the Ascentis booth to answer your questions.

At the virtual conference learn more about HRIS system audits, compliance, risk management, and more.This virtual conference is free to all with an HR.Com membership (which is also free). Are you becoming an industry expert?    Every one hour class on HR.com is reviewed and can qualify for an Institute for Human Resources credit.  Click here for more info on the IHR Certification Program.

If you’re planning on attending the March 11th Northern Ohio HR Conference (otherwise known as #NOHRC), stop by booth #220 and meet Dana Bolton and Andrew Keenan from Ascentis. While you’re at our booth don’t forget to sign up to win an iPad.

Cleveland Rocks!

Going to the APA Congress? Visit the Ascentis booth and register to win an Apple iPad and other great prizes.

Ascentis will be attending the APA Congress as an exhibitor in 2010. This will be our first year at the Congress, and we’re excited to be a part of a great organization that has been working with payroll professionals for more than 28 years.

To celebrate our first exhibition with the APA, Ascentis will be holding drawings for Apple iPads (two will be given away at the show), as well as Ghirardelli Chocolate, Bare Escentuals gift cards and some great wine selections (all these gifts are products made by some of our most prestigious customers).

Ascentis Payroll is the ideal payroll solution to save companies both time and money. You get the control of in-house payroll with all the benefits of a SaaS solution. Other great Ascentis Payroll benefits include:

  • Ascentis Payroll processes in real-time, ensuring 100% accuracy and control.
  • Pay periods can be scheduled in advance, and off-cycle payrolls can be run anytime.
  • On-demand checks can be quickly created.
  • With Ascentis Employee Self-Service, employees can access direct deposit information, tax withholdings and paycheck history.
  • Used in conjunction with Ascentis HRIS, redundancy is eliminated and accuracy enhanced.

Watch an 8-minute tour of Ascentis Payroll.

So join us at booth #214, May 26-28, in Washington D.C. We look forward to making many new friends, showing product demos, giving away great prizes, and enjoying the networking opportunities with the APA.

Why Automate Your HR Processes?

Automating workforce management using integrated HR and payroll technology is imperative for companies that want to control costs by increasing efficiency, reducing the risk associated with errors, and securing their place in a competitive talent market.

Reducing paper-based processes is another factor that drives the need for automation. More companies are moving toward paperless workflow as a way to support “green” business practices. While helping the environment, these companies also help themselves: sharing information electronically saves time – and money.

According to a study conducted by Boston, MA-based Aberdeen Group, the top pressures that drive HR and payroll technology initiatives are the need to adapt to market changes, better management of complex employee relationships, rising costs associated with workforce management and employee retention amid a shrinking labor pool.

The study indicates that the actions required to meet these pressures include:

  • Increasing the efficiency of HR and payroll management by adding strategic functionality to core processes
  • Improving data accuracy and security
  • Integrating business systems to consolidate functions
  • Educating HR and payroll staff, and the end-users of self-service systems, on how to optimally utilize the programs that are put in place

Yet, while the need to automate workforce management isn’t argued, the challenges related to evaluating and selecting a solution often keep companies from breaking free of the burden created by their current processes and moving toward full automation utilizing an integrated system to manage HR and payroll.

With so many products on the market, and an HR and payroll team that is already over-loaded with work, who has time to sort through the myriad of choices and make an informed decision? For small to mid-sized businesses, Ascentis offers fully integrated, easy-to-use solutions that will get your HR and payroll process automation initiative up and running fast. To find out quickly how automation will make your team more efficient and accelerated, take a 6-minute tour of Ascentis HR or an 8-minute tour of Ascentis Payroll.

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