Finding a channel for HR outsourcing can be a big help to businesses. And the source for your HR consulting services may be closer than you think. Exact Payroll isn’t just here to help with end-of-year payroll tasks and payroll management; it can also be your next HR tool.
What is Human Resources?
Human resources, often called HR, is the department responsible for managing the employee life cycle. That can include hiring, onboarding, training, employee benefits management, and firing. A dedicated HR department can help you with workforce management, maintaining compliance with employee rights, and finding new talent.
The High Costs of HR
While having HR is essential for growing your business, it also comes at a high cost. Having a team of people dedicated to HR can be incredibly expensive. In addition, HR professionals need software and tools to help do their jobs.
All these costs add up without adding to your revenue as a business. That’s why finding alternative methods with HR outsourcing can be a great help.
Customizing Your Payroll Software for HR
Exact Payroll is a platform dedicated to providing our customers with the best solutions for growth and prosperity. As such, we understand the need for HR support and created services and tools that help you achieve the critical tasks of HR without needing to pay for a new system outside your payroll management software. Customizing your Exact Payroll capabilities allows you to add the essential services you need for HR success.
Exact Payroll HR Consulting Solutions
Exact Payroll offers a wide range of HR consulting solutions that can help you support your HR efforts and manage HR tasks alongside your end-of-year payroll and other general payroll management responsibilities. Here are some HR solutions you can receive through Exact Payroll.
Benefits Enrollment and Tracking
Automate and track employee benefits and enrollment during new hire orientation, life status changes, and open enrollment periods. Keep a detailed record of all your employees and their status for benefits.
Attendance Tracking
Track attendance across your workforce and monitor whether absences were excused. You can also issue warnings, track dates, and create your own rules for attendance.
Recruiting and Applicant Tracking
Improve your hiring efforts and manage candidates in the HR portal to manage documents, referrals, preferences, insurance, and all hiring and recruiting actions.
Disability Tracking
Monitor the disabilities and needs of your employees with pre-populated anatomic codes to maintain workplace compliance.
Driver’s License Tracking
Track the license status of drivers for businesses that hire delivery drivers or utilize heavy equipment. You can monitor expiration dates and prepare employees for renewals.
Artificial Intelligence Risk Assessments
Use AI-powered tools to monitor your HR portal and give you reports of potential risk assessments from performance, attendance, and other employee metrics.
PTO Accrual Tracking
Help your team get the time off they deserve with accurate tracking tools for PTO accrual. You can customize the system for your own rules and monitor sick days, vacation days, holidays, and personal time off.
Online Library
Create an online library of HR documents, forms, checklists, guides, and letters. You can also research employment laws at both the federal and state level to stay in compliance with regulations.
Handbook Development
Develop and create training handbooks that can be used for onboarding, employee training, and procedure documentation. You can start from scratch or use an existing handbook and customize it yourself.
EEO Reporting
The Equal Employment Opportunity Act requires you to comply with laws prohibiting discrimination. Report your hiring practices and rely on self-identification to avoid the risk of penalties.
Performance Rating
Keep a history of performance rating descriptions and scales for your business, including information on supervisors, compensation changes, ratings, schedules, and notes.
Pay Grades
Track where employees are on the pay grade system and add and assign different pay grades to different employees based on their roles and responsibilities.
Injury Occurrences
Keep a detailed log of all injury occurrences to help limit liability in workers’ compensation claims. Track case numbers, anatomic codes, injury codes, and other notes for your records.
Emergency Contact
Ensure all your employees have emergency contact information listed in case of serious problems, including information like phone numbers, email addresses, and contact priority.
Get a Free Consultation with Exact Payroll Today
At Exact Payroll, we understand that starting an HR department is out of many businesses' budget. That’s why we’ve created our HR solutions to act as a consultant for your business and give you the tools you need to help employees feel happy and comfortable at work.
Exact Payroll is eager to partner with you. To learn more about our HR services or discover how Exact Payroll can help you with end-of-year payroll and all your other payroll tasks, schedule a meeting with us for a free consultation today.
