Payroll Transition Consulting
ETS brings Fortune 500 and major third party administrator (TPA) payroll processing and tax filing experience to our Payroll Transition Consulting services. When
you combine this experience with our employment tax and succession
expertise, this program translates into the most effective option for
transitioning payroll platforms.
Employers experience many types of payroll changes for many reasons:
· In-house payroll and tax processing being outsourced to a TPA (or vice versa);
· Changing from one TPA to another;
· Having to process under a new payroll system or TPA due to changes resulting from a recent merger, acquisition, or divestiture.
In order to successfully bring a new payroll live — on time — it is critical that an organization adhere to a comprehensive, well-organized plan which effectively addresses the many informational, systems, internal department, outside vendor and agency needs and timelines, etc., which are essential to a smooth payroll transition. Considerations like HRIS interface, time and attendance, deductions, direct deposit, employee type, general ledger, 401K deferred comp plans, 401K loans, employee check impact, insurance program considerations, reimbursed expenses, vacation issues, wage garnishments, payroll taxes, pay schedules, and the various software platforms of the transitioning parties, etc., all need to be addressed in advance so that all deliverables are fully met before going live on a new payroll.
ETS can manage or assist with this highly-involved process. In addition, we can help examine advantages of W2 administration alternatives, as well as treatment of taxable wages, employee reporting, payroll program costs, banking alternatives, payroll staffing requirements for in-house versus outsourced programs, and other considerations. If your organization is considering outsourcing part or all the payroll administration or tax filing functions, ETS can assist in TPA selection, review of program alternatives, costs, deliverables, timelines, lead times, and program types (for example, web-based products versus other options).
Only through extensive experience managing multiple payroll transitions can a management group successfully navigate through the complexity of payroll administration changes. ETS brings vast experience and knowledge to this process, which ensures a smooth, trouble-free payroll transition.
Please contact us to discuss this program in greater detail.
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