Compliance And Business Intelligence Under a Single, Unified Platform
THWRN logo Hover over each company
to discover
where they service,
who they service, and
what they have to offer...
Or click on The HRIS World
to the right for more information
 
THWRN logo
Locations: Global
Markets: Micro; SMB/SME; Enterprises
Focus: Where the conversation starts...
Your go-to portal for information,
news, research & software comparisons
anywhere in The HRIS World... ®
Providing you a global reach
through local resources
 
hr matters
Locations: Malaysia | Asia
Market: Micro; SMB/SME; Enterprises
Focus: Malaysia’s leading global HR resource
focuses on what drives & moves HR
forward in an independent, learner-led
environment, delivering this coverage
to you through our quarterly editorial
online magazine.
 
hr software solutions
Locations: Canada | United States | Europe
Market: SMB/SME; Enterprises
Focus: Full-spectrum HRIS project & system
services including (but not limited to)
Client Executive Sponsorship,
Needs Assessment, Project
Management & Implementations
 
new to hr
Locations: Global
Market: Micro; SMB/SME; Enterprise
Focus: Through a range of global services,
online HR courses, career development
strategies, career planning and
coaching sessions, New to HR
encourages the development of novice
HR professionals into becoming the
next generation of MD's and CEO's.
people assessments logo
Locations:
North America | EMEA | Asia
Market: SMB/SME; Enterprises
Focus: Assessment solutions for
corporations wanting to hire better
people, faster, for less total cost
(English, Mexican Spanish, Simplified
Chinese, more languages available soon)
 
Where the conversation starts — your go-to portal for information, news, research & software comparisons anywhere in The HRIS World... ®   Click Here to Help Us Help You!

ADP: Compliance and BI Under a Single, Unified Platform

a d v e r t i s e m e n t
Microsoft Store
Free shipping. Free returns. USA only. Ends 12:00 am PT Tue 25-Dec
a d v e r t i s e m e n t

New ADP SmartCompliance(SM) Platform Helps Organizations With Compliance And Business Intelligence

New study reveals 81% of senior finance executives say monitoring tax, employment, and payment-related rule changes has become more time-consuming over the past 2 years; 76% do not have access to real-time, consolidated compliance data

New ADP SmartCompliance helps organizations streamline tax, employment, and payroll compliance activities by bringing together 7 key compliance capabilities under a single, unified platform

New Approach to Tax, Employment, & Payroll Compliance

ROSELAND, N.J., March 11, 2013 /PRNewswire/ — ADP®, a leading provider of human capital management services, today announced the results of a new research study conducted by CFO Research, in collaboration with ADP, that shows 89% of senior finance executives rank compliance as a priority.

However, managing compliance is becoming increasingly difficult – 73% expect the complexity of new regulations to make the task more resource-intensive over the next 2 years.

ADP SmartComplianceSM is a cloud-based unified platform of outsourced services that helps medium and large companies better manage key tax, employment, and payroll compliance capabilities.

This outsourced platform of services can help save time and money by consolidating processes that are disparate and largely manual, and by working with an organization’s existing enterprise resource planning (ERP), financial or human resources system of record.

The CFO Research and ADP survey shows that despite increasing complexity, nearly 60% of senior finance executives say their compliance budget will remain stagnant or decrease in the next year.

“According to our research, those who manage finances for large companies are challenged to keep up with the ever-changing landscape of regulatory and legislative rule changes,” said Josh Hyatt, Associate Director, CFO Research Services, a division of CFO Publishing.

“With budgets expected to stagnate for most, finance executives will likely need to look for ways to boost efficiency.”

7 Key Capabilities Ease Compliance Management Burden

ADP SmartCompliance helps organizations to streamline employment-related compliance activities by bringing together 7 key compliance capabilities under a single, unified platform.

The platform provides enhanced accessibility and visibility into compliance across the organization to assist with freeing up time and resources, allowing them to focus on growth and ROI.

The unified ADP SmartComplianceplatform puts actionable data in the hands of CFOs, financial managers and human resources executives through comprehensive cross-service displays.

These views provide a single, visual snapshot to quickly and easily assess the status of multiple business areas, including the 7 capabilities offered through ADP SmartCompliance…


Employment Tax

The platform simplifies payroll tax compliance by keeping up with regulatory changes and compliance rules across the more than 10,000 U.S. federal, state and local jurisdictions.

Backed by ADP’s team of tax, government relations and compliance specialists, ADP SmartCompliance manages nearly every aspect of tax filing and remittance to help minimize the risks associated with tax management.

Tax Credits

By helping companies identify and claim all of the tax credits available to them, ADP SmartCompliance not only helps companies lower their effective tax rate, but reduces staff time spent searching and determining eligibility for potential tax credits.


Wage Payments

ADP SmartCompliance offers flexible payment solutions that support 100 percent electronic pay – direct deposit, the ALINE Card by ADP® pay card, check options and a mobile access point for employees.

These payment solutions help companies increase electronic pay adoption, reduce the complexity of pay distribution and cut costs – all while increasing employee satisfaction with wage distribution.

Wage Garnishments

ADP SmartCompliance helps manage the wage garnishment process for employers who are required by law to process employee pay garnishments, enabling companies to balance the risk, compliance, cost and efficiencies of garnishments processing.


Employment Verification

With phone and online verification options, ADP SmartCompliance eases the burden of employment verification and enables clients to respond automatically to requests for income and employment verification.

Outsourcing employment verification through the platform helps ensure safer disclosure processes and faster response times for employees.

Unemployment Claims

ADP SmartCompliance helps companies manage one of the few controllable business taxes by providing the resources, experience and expertise to quickly and easily verify claims for unemployment pay, helping companies reduce time and costs associated with this time-consuming process.

W2 management

Automated W2 distribution and management gives employers and employees more efficiency in annual income reporting.


Business Intelligence and Data Analytics Provide New Compliance Insights

ADP SmartCompliance will continue to evolve to meet market needs and demand for new capabilities, insights and information – such as business intelligence, data analytics and new compliance services – and will continue to supplement existing financial and human resources systems of record.
With the ability to gather, digest and act on real-time, holistic business data opening new frontiers for finance executives, ADP SmartCompliance will help companies gain access to the information and data needed to make more informed business decisions.

“We heard from our clients that the flexibility to complement existing systems was essential.

“One of the strongest components of this new platform is its ability to work with virtually any ERP, and we’ve developed partnerships in the industry to make that happen,” said Doug Politi, President, ADP Added Value Services.

“Our clients have also told us that business intelligence and data analytics are critical to streamlining day-to-day activities and achieving a truly strategic view, so our focus on these areas will drive future enhancements to ADP SmartCompliance.”

For more information about ADP SmartCompliance,
visit http://www.adp.com/smartcompliance.

What Are Your Thoughts??

  With a reduced workforce coming as well as more regulations to follow, how could the ADP SmartCompliance change your game?

  How can we help you — what unanswered questions do you have about the ADP SmartCompliance?

  What other compliance issues not noted here do you have that could possibly be addressed with this system?

Please share your thoughts with us and our audience in the comments section below! Or you can reach us directly from our contact page.

More on This Topic

[jwplayer player=”0″ mediaid=”12368″]
ADP SmartCompliance

About ADP

ADP® (NASDAQ: ADP), with more than $10 billion in revenues and approximately 600,000 clients, is one of the world’s largest providers of business outsourcing and human capital management solutions. Leveraging over 60 years of experience and a global footprint spanning more than 40 countries, ADP offers a wide range of human resource, payroll, talent management, tax and benefits administration solutions from a single source, and helps clients comply with regulatory and legislative changes, such as the U.S. Affordable Care Act. ADP’s easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company’s Web site at http://www.adp.com

Contact

ADP Public Relations; +1 (973) 974-7612; [email protected]
Jessi Newman, Weber Shandwick for ADP; +1 (952) 346-6026; [email protected]

SOURCE ADP

Web Site : http://www.adp.com





Press Releases are broadcasted by The HRIS World from various resources as well as individual requests.

We feature press releases that have a high relevancy and importance to our audience.

Our audience are professionals in Cloud, ERP, HRIS, HR Tech, Project Management, Recruiting, HR, and C-level Executives who live and work in 90+ countries.

We can provide your press release to our focused audience of 50,000+ a month for a flat fee of $45.

As we have several revenue streams available to us, we can afford to offer this low price to bring your press release to a focused group.

For further information, contact us at by social media or via email by clicking your choice below…

Twitter LinkedIn Google+ YouTube Skype Xing  

a d v e r t i s e m e n t
Microsoft Store
Free shipping. Free returns. USA only. Ends 12:00 am PT Tue 25-Dec
a d v e r t i s e m e n t

Short URL for This Content

http://j.mp/YeSkfZ

Author Bio and Latest Posts

The following two tabs change content below.

Press Releases are broadcasted by The HRIS World from various resources as well as individual requests.

We feature press releases that have a high relevancy and importance to our audience.

Our audience are professionals in Cloud, ERP, HRIS, HR Tech, Project Management, Recruiting, HR, and C-level Executives who live and work in 90+ countries.

We can provide your press release to our focused audience of 50,000+ a month for a flat fee of $45.

As we have several revenue streams available to us, we can afford to offer this low price to bring your press release to a focused group.

For further information, contact us at by social media or via email by clicking your choice below...

Related Posts:

Start a Conversation!

Like What You've Read So Far?

If you enjoyed this article, be sure to visit more content by this author or other articles related to this topic listed above.

You can always save any of our content to MyLibrary for future reference.

To see excerpts of our latest content, CLICK HERE

Add This Content to My Library

Registered WordPress account with THW? Your library is maintained through our database.

Not registered in WordPress with THW? Your library is maintained through a cookie on the machine you used to favor the content (use more than one computer? then My Library will be different in each).

Please note: If you already have a subscription to our Newsletter, registering for a WordPress account is a separate action. You may register for your WordPress Account at any time from the side bar of any post or by clicking here.

FavoriteLoadingAdd this to My Library

to the top icon