Problems

• Error-prone systems, resulting in inaccurate tax payments and payroll
• W-2 mix-ups, leading to floods of questions in the HR department
• Manual wage garnishment and record-keeping

Implications

• Bank fraud due to inability to monitor cashed checks through several institutions
• Increased costs from error correction
• Loss of control over tax requirements and lack of compliance
• Inefficient time-collection system

Solutions

• TotalPay to reduce risk of bank fraud by consolidating several relationships into just one, while still allowing employees to use local banks
• eTIME to monitor employee time collections, comply with union requests, and reduce confusion on payroll stubs
• Payroll Services to manage all aspects of company payroll
• Tax Services to ensure compliance with all tax regulations and on-time tax filing
• Wage Garnishment Processing Service to garnish wages appropriately and automatically end when the obligation is met
• Connection for GL to link accounting processes with HIP’s PeopleSoft financial application

Results

• 99.9% accuracy in payroll, tax, and bank processes
• $10,000-$15,000 savings
• Compliance with all state tax regulations
• Reduced bank fraud due to increased security and check monitoring by ADP
• $30,000 savings in time-clock maintenance
• Increased manager control over employee time usage