What is a Payroll Process Review and Why is it Important?
If you are a business with employees, you have a payroll process. And your payroll process needs to be accurate, updated and properly documented. Any hiccup in a manual payroll process can be the catalyst for a slew of compliance and tax issues, and the last thing your company wants is to be audited and…
Is Your HCM System Evolving to Support Growth or Failing to Keep Up?
In today’s innovative world, many HR professionals are discovering new efficiencies to optimize departmental needs and goals. Their HCM systems however, are often stuck in the dark ages, functioning on original standards used during initial implementation, which in some cases was completed many years ago. Additionally, many organizations have no single “owner” of the application…
Assessing the Real Cost of Remote Working
Are you aware of the business tax implications surrounding the 2020 mass shift to remote working? Before making firm decisions about future remote working scenarios or changing physical business locations, examine the impact that state and local tax rules and regulations will have on your HCM team, your workers and your bottom line. Though State…
Thoughts from a Consultant: What’s at Stake for Payroll Teams?
2020 has been a year of uncertainty, change and, quite frankly, anxiety. That’s why many of us are looking to 2021 as a fresh start that allows us to turn a page and finally close out this year’s tumultuous chapter. Yes, this anticipation is real and should be enjoyed, but the reality is that COVID-19…
Your 2020 COVID Payroll Year-End Checklist
With December comes the reality that many 2020-specific rules, relief and deferrals expire at the end of the month. This means vigilance is required of payroll professionals in reviewing and re-reviewing checklists and preparing for changes that literally happen overnight on December 31st. Ana Woods-Hill, CPP, Manager of Managed Payroll with Wise Consulting, prepared a…
Flexible Managed Payroll: Smart Outsourcing for Compliance and Continuity
If this tumultuous year has revealed that you need to look at payroll with a closer lens or even outsource some or all payroll functions to a professional team, know that there are options for you—Lorry Twisdale, Wise Consulting’s Director of Managed Services, shares the options to consider, and discusses why so many companies are…
ACA and Year-End Considerations You Need to Review
With so many rules and regulations swirling around regarding ACA processing, year-end tasks and FFCRA limits, it’s important to review tasks and issues with a fine-tooth comb. That’s why the Wise team put together year-end and Affordable Care Act (ACA) notes to help keep you informed and compliant as 2020 comes to a close. Some Year-End…
As we Approach 2021, Payroll Continuity is More Important Than Ever
If 2020 has taught us anything, it’s this: payroll continuity is important. In the corporate world, payroll continuity means your business’s continuity. If your payroll process experiences a blip, it can be disastrous for employees, the backbone of your company. That is why you need protection in place to preserve your payroll continuity no matter…
Thinking About a New HCM System Implementation in 2021?
Many organizations that postponed HCM implementations in 2020 are eagerly eyeing 2021. With more employees working remote than ever before, companies are realizing that the accuracy, automation, employee self-service features and analytics a modern HCM system offers are key to moving forward with confidence as the workplace stratosphere evolves. Wise consultant, Becky Logan, CPP, shares…
Implementing a New HCM System – Should it be Part of Your 2021 Strategy?
Purchasing and implementing cloud-based Human Capital Management (HCM) software is a huge investment. Many organizations that delayed 2020 HCM implementations because of the pandemic might have benefitted from using the technology to help guide critical decisions during the crisis. For those looking to make the investment in 2021, Wise Consulting’s President and COO, Steve Grem,…
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Payroll Support
Fully certified Wise payroll experts have valuable practitioner experience and a commitment to staying on top of tax regulations, security and compliance issues.
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