Payroll Processing
If a company needs to reap the benefits of efficient employee management, then its payroll system must be efficient as well. And to enjoy a seamless payroll system without interfering with your cash flow, you need an excellent online payroll processing tool like TriNet.
TriNet affords small and medium-sized businesses the opportunity to run their payroll processes online – right from each employee’s onboarding, through to their off boarding. Promotions, health care benefits, retirement income and allowances are also managed on the platform.
Tax Preparation
With TriNet, your business does not have to face the wrath of the law for non-compliance. The program automatically calculates, deducts and remits local, state and federal taxes from every payroll you process on it. It also manages your admin tax papers (such as the W-2 form) to ensure that your business does not lag behind in taxes.
Employees can also modify their profiles including their W-2 forms and status, and the system automatically captures the changes for future use.
Payroll Reporting
In addition to making your payroll process a breeze, TriNet also provides you with well-analyzed reports to give you insight into your payroll process. With these reports, you can clearly understand how items like overtime and employee hours affect your payroll. These reports can also be your business’s basis for sound managerial decisions.
Visual Scheduler
TriNet features a visual scheduler that allows you to monitor your employees’ working timetable on a daily, weekly or monthly basis. You can also generate or modify schedules according to your organization’s scheduling structure.
Total Compensation Statement
TriNet also provides you with a total compensation statement to help you strengthen your employee management. This statement features the entire value of an employee’s compensation including health care and retirement benefits. It gives you insight into your employees’ contributions towards the different sections of their payments as well as your company’s investment in these areas.
Employee Profile Management
With TriNet’s payroll service, each employee has their individual profile and information page. From this page, they can actively monitor their work progress, and also make necessary changes to their personal details. Managers and supervisors can also monitor each employee’s workflow for reporting and accountability purposes.
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