Paperless Payroll: Compliance Tips and Best Practices
Duration: 60 Minutes
This program covers the new technology that can be used to allow employees to use ESS (Employee Self-Service Portals). Technology is changing how we do business. Employees are looking for ways to implement their own payroll updates such as W-4 tax updates, direct deposit, and even paid time off requests. As a major aspect of this development, payroll system suppliers are offering ways for employees to make these updates, yet still provide the employer with meaningful recordkeeping to comply with state and federal laws.
Objectives of the Presentation
Why Should you Attend
- Electronic filing and reporting processes
- Payroll recordkeeping requirements by agency
- State retention requirements
- Documentation/Retention concerns
- Record retention "Best Practices"
- How to handle and be prepared for audits
- Overview of cloud payroll processing
- What to look at when considering vendors for new technology
By attending this training session, you will discover how to remain submissive, including how to keep paperless payroll records and execute and maintain an effective recordkeeping strategy for both the paper and paperless environment.
Who will Benefit
- Payroll Professionals
- Payroll Apprentices
- Accounting Professionals, Accounting Department
- Compensation Professionals, Benefits
- Legal Staff
- Human Resources Professionals, HR Department
- Risk Managers, Operations Managers, Compliance Managers
- Senior Management
- Small to Medium Sized Business Owners
- Start up Entrepreneurs
This webinar discusses how far too many people are still using paper for payroll. In almost all organizations the amount of paper documents (and manual processing) used such as timecards, Form W-4, Form W-2, paper checks, paystubs and paper reports can be reduced, or even eliminated. By going paperless you can increase your company's efficiency and reduce costs. These changes may require upfront cost and your time to create and implement while others may be done immediately. By simply introducing a few of these best practices, you can reduce the amount of paper used in your payroll department.