A smart way to help close the "compliance gap" between HCM-related laws and your information systems
When ADP® processes your payroll, it handles the necessary tax reporting and filing on your behalf. But what about the many other areas that add to your administrative burden? Who handles the necessary, but often complex, tasks associated with wage garnishment processing, unemployment claims management, and tax credit screening?
This layer of administrative responsibility constitutes what ADP calls the "compliance gap." These are necessary tasks – often manual and risk-laden – that must be performed to help keep your company in compliance with regulations related to Human Capital Management (HCM).
|
|
ADP has analyzed hundreds of in-house HCM processes in different companies. It found that even with a robust HCM platform in place, employers average 259 in-house tasks that they must perform to comply with HCM-related regulations.
When ADP processes your payroll, it handles some of those tasks for you. But that still leaves hundreds of other tasks that may burden your staff and introduce risk associated with noncompliance.
If you are interested in off-loading some of this administrative burden, ADP SmartCompliance® can help. This cloud-based platform adds a layer of ADP services and best-practice processes to your current HCM solution, helping reduce the number of HCM-related compliance tasks that you manage in-house. This helps free your company from many risk-laden and manual tasks.
With ADP SmartCompliance, you worry less about overwhelming your in-house process experts, or losing their detailed knowledge if they leave. You get consistent expertise and scalable processes through ADP.
For more information on ADP SmartCompliance,
including a 2-minute overview video,
» Click here.
|
|
|