Guides on Human Capital Management

3 Ways an Integrated HCM Benefits Payroll

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3 Ways an Integrated HCM Benefits Payroll avanti.ca ©2014 Avan So ware Inc. All rights reserved. The processing of employee benefits for Payroll is key to ensuring employee confidence and correct withholding and payment to your benefits provider. O en payroll finds out about a benefits change a er the Payroll is run and is le making manual adjustments on the next run to accommodate the benefits change. With an integrated HCM, any changes made to an employee's benefits occur in real me and automa cally update for payroll processing. And if an employee receives an increase in their pay, no adjustment is required to their benefits – the system can apply logic and formulas to automa cally take the new wage into account and adjust the benefit contribu on to reflect this change. HR CHANGES AUTOMATICALLY UPDATE PAYROLL Benefits Admin An integrated HCM means your Payroll & HR data talk to each other so that you spend less time chasing paper. Automating saves you time and builds employee confidence.

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