Every employee has different needs. Employers who are able to provide custom solutions tend to see return on that investment through the retention of quality employees. Consistent with the other self-service platforms FlexiEle offers, Payroll Self Service is where employees have the ability to manage certain transactions, such as making changes to retirement account contributions, making bank account changes, submitting payroll and reimbursement information directly into the system, and access and download important documents like past payroll and tax information.
Oftentimes the value of benefits is overlooked, but they are an important component to an employee’s total compensation. The Benefits platform allows organizations to administer a cafeteria-style benefits plan, deducting benefits on pre-tax and after-tax bases, or by reimbursing the employee for certain expenses. This flexibility allows organizations operating in multiple places with differing requirements to meet the expectations of employees. Employers also have the ability to add and remove benefits deductions as plans and plan designs change.
For many employers, payroll costs make up a large percentage of total costs. Being able to access reports related to payroll and benefits is critical for management to be informed and make related decisions. Based on an employer’s needs, different permissions can give the appropriate people throughout an organization access to these reporting functions. The system is amenable to routine and ad hoc inquiries.
FlexiEle’s payroll software adapts to tax reporting wherever an organization is located. There may be monthly, quarterly and annual filings required of an employer and its employees. Through a diligent setup process, all of these requirements can be met with this system thanks to its adaptability. A solid tax reporting function for payroll will ease the minds of management, employees and outside stakeholders.
Manage employees HR and CTC data at one place.With FlexiEle super integration module, we can push and pull data from any third party payroll vendors. With this deployment, you can outsource your payroll system to any third party vendor while still leveraging one source of truth for employees data.For employees, FlexiEle would remain one source of data where they can view their salary history,download their salary slips.