ADP is a powerful payroll system that can help any company increase accuracy and minimize time spent on a single task. One reason ADP is so effective is because of its unique features. In this article, we will answer the question “what is ADP Payroll” and take a look at some of the specific ways that ADP can help you and your business.
Integrating Other Accounting Software
To begin, if you have a system in place that is working for you, ADP Payroll can usually be integrated to work alongside it. ADP works well with most well-known accounting applications, such as QuickBooks.
Tracking Attendance and Hours
Payroll begins with attendance. Fortunately, ADP Payroll users have access to one of the best time and attendance trackers on the market.
This application gives you and your employees a variety of time clock options. Mobile clocking is available, so that workers can clock in via their personal devices. This comes with geofencing, a GPS monitoring feature that makes sure employees stay on site. Biometric features may also be available with some programs. This system scans fingerprints to ensure that it is the employee who is clocking in and not a fellow co-worker.
Work-time data is directly funneled into accounting applications. This promotes efficiency and accuracy while automatically calculating pay based on rates and other criteria like overtime.
Managing Payroll Tax
ADP Payroll is your tax-time partner. It effortlessly fills out the correct federal, state and local tax forms and makes the necessary payments to these agencies. If there are any government inquiries about your tax practices, ADP steps in to answer explanations and take responsibility.
This system also hands out any W-2 and 1099 forms to your employees at the end of the year.
Reporting of Payroll
If you utilize reports involving attendance analytics, retirement calculations, paycheck records and summaries, then APD’s intuitive dashboard can generate them with the click of a mouse.
Reports can be constructed to target specific employees or categorized according to date and illustrated through a variety of graphics including Excel spreadsheets.
Boosting Human Resources
Payroll is inextricably connected to other human resource processes. For example, finding, hiring and bringing in new workers means setting up new payee information. Integrated recruitment and onboarding options helps keep information for withholdings, pay and other processes accurate. This also repurposes redundant information.
You can also obtain important HR resources through ADP payroll. This includes finding the right government form or getting help selecting retirement or insurance plans that meet the Affordable Care Act standards.
ADP can also help keep you compliant in other ways. This is especially true when it comes to getting updates on current labor laws and managing unemployment insurance.
Resources for Using ADP Payroll
ADP’s topic library can give you quick answers to basic questions. If you prefer, there are also phone and email support lines for both employers and employees. This means that you can get the help you need 24 hours a day, 7 days a week.
In sum, ADP Payroll is an efficient and versatile system that is designed to meet all of your payroll related needs. There is a reason why it is such a popular payroll system.