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Direct Deposit Scams: Protecting Your Business from Employee Spoofing
In this digital age, businesses face a growing threat known as employee spoofing, where malicious individuals compromise employee information to...
To ensure the proper payroll and Human Resources (HR) system is in place for your organization, you first need to evaluate both your business needs and pain points.
Here is what a proper payroll and HR system should be comprised of.
In order to accurately process payroll every time, and save time on HR tasks, you need to ensure that you implement the right system for your business. The first starts with looking at a PEO vs. payroll service, and deciding which is right for you.
PayNW offers a cloud-based, unified human capital management platform that can be configured to your specific business requirements, and includes all necessary modern features to keep up with the competition, such as paperless payroll and direct deposit. A comprehensive paperless payroll solution is also a great tool to avoid some of the most common payroll errors that can hurt your business.
You get streamlined workflows, higher data integrity with one database and a single employee record, easy-to-use reporting, and world-class security for protection against things such as payroll fraud and direct deposit scams, as such employee spoofing attempts become more and more common with increases in modern technology.
The best part? Only pay for the capabilities you need, when you need them.
Our Human Capital Management (HCM) platform helps three primary areas of your business:
Where Does Our Platform Help?
Everywhere! As mentioned above, a proper payroll and HR system will address your business needs, and grow alongside those same needs to continue to meet them.
This is crucial, as processing payroll can get complicated and varies from state to state. For instance, here is everything businesses must know to process Washington Payroll.
Again, you only pay for what you need when you need it, creating a custom-tailored solution not just for businesses like yours, but your business specifically.
Included in a proper Payroll and HR software system should be options for:
In order to understand what it is your business needs, first you need to understand your challenges, pain points, and areas of required compliance. This is just one of the many things that every payroll manager should know.
Ready to start learning more about the benefits of modern payroll and HR technology? Contact us today.
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