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Do
the Math . . . |
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50 State Compliant Payroll w/Direct Deposit &
Electronic Tax Filing |
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+ |
integrated Employer Needs-Driven Benefits Administration |
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integrated COBRA Administration |
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integrated Compliance Auditing |
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Complete Human Resource Accounting |
H R Ledger™
has isolated the mundane accounting and processing functions of
human resources, such as payroll processing, employee benefit
administration, COBRA administration, and compliance auditing, and
integrated them into a single comprehensive service we call Human
Resource Accounting. We have eliminated the expensive and risky
redundancies and built a system to help our clients save money and
be compliant with Federal and State laws and the requirements of
their employee benefit contracts.
Some of
the features included in our service are calculating rates and
benefits, reconcile and pay all benefit bills and Workers’ Comp,
manage eligibility, administer COBRA, provide HIPAA Credible
Coverage report, provide benefit election summaries and individual
Total Compensation Reports, and manage life change events.
We are what payroll services and benefit
administration services promise to be. We handle ALL
the accounting of your employees during their entire
Life Cycle of Employment
H R Ledger™ is a
Human Resource Accounting Service. We have integrated our
nationally renowned payroll system with our benefits administration
service to relieve the small to midsize employer of the accounting
administration associated with their workforce. We are not a
self-service software program or a Web-centric ASP. We are a
complete outsourcing service.
| What is
Workforce Accounting? |
|
Workforce Accounting
refers to the necessary payroll and benefits administration
accounting and processing tasks that employers must perform
if they have employees. These accounting processes must
be compatible with the business’ accounting system to be
cost effective. They must be designed to not only be
compliant with regulation but they should also continually
test for non-compliance. |
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BACK |
| Who uses
Workforce Accounting? |
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Every business owner
with one or more employees uses Workforce Accounting.
Whether a reporting from sophisticated computerized
accounting package or a scribbling on the back of a lunch
sack, every employer performs Workforce Accounting. Each
time a business owner asks him or herself if he can afford
to keep or add an employee, they forecast using the data.
When a controller calculates the price of a product or
service, they refer to workforce costs. Whether the CEO is
reporting losses to the Board of Directors or the profits to
their wife, the bottom line includes the summary information
of Workforce Accounting. |
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BACK |
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How is Workforce
Accounting best used? |
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The secret is
minimizing both your costs and investment that relate to the
effort of accurate and complete Workforce Accounting.
Workforce Accounting encompasses the mundane, redundant,
complex, highly regulated, essential tasks that do not
contribute directly to the core business process of any
company. Most companies invent their own way of performing
all the tasks required to keep tabs on employee costs,
comply with state, federal, and vendor regulations, and
produce a payroll in a timely manor. Furthermore they
continue to incur the monthly expense with added personnel
and overhead. Time and time again outsourcing is shown to
be the best way to accomplish through Workforce Accounting
without a significant investment and at a much greater
monthly efficiency and savings. |
|
BACK |
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How much can I
save using H R Ledger? |
| Outsourcing to H
R Ledger can save you money, time, and aggravation. Price
Waterhouse Coopers has shown recently that outsourcing
payroll alone can save as much as 80% over doing it
in-house. Individually outsourcing everything H R
Ledger does can cost you as much as 50% more than our
published rates. Outsourcing payroll and benefits
administration will return to you about 70% of the time
normally taken for these processes. You’ll free up more
time to focus on your core business thereby increasing
profits and you’ll be able to sleep easier know we are
continually auditing your Workforce Accounting for
compliance. We will significantly reduce or eliminate your
exposure to fines or penalties associated with potential
regulatory violations and employee litigation. |
|
BACK |
| Does H R
Ledger provide any additional services? |
|
Besides our 50-state
compliant payroll system integrated with our proprietary
Benefits Administration System, we offer several additional
services. Our service comes with Workforce Accounting
consultations focused on making you more efficient and more
compliant. We help with time keeping solutions, vacation and
sick pay accrual, online HR information systems, and new
hire reporting.
Each new client
receives a Compliance Audit and ongoing monitoring. Our
experience has been that 8 of 10 new clients were out of
compliance in at least one important area; therefore we can
honestly state that the potential for regulatory violations
and employee litigation for most employers are real and far
larger than anyone would anticipate. In light of recent
“sue your boss” legislation (where there is a financial
incentive for an employee to identify labor code violations
and sue their employer), H R Ledger can help you stay in
business by avoiding costly compliance errors before they
happen.
Additionally we have
an H R consultant on staff to answer those day-to-day
questions that seem to consume most of your day once they
surface. |
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BACK |
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What is
integrated compliance monitoring? |
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As payroll and
benefits administration transactions are processed, new
employees are added or you change the rules for employees;
we are constantly reviewing each for potential
non-compliance with your employment rules, carrier
requirement and state & federal law. Our goal is to catch &
fix those little problems before they grow into costly
horror stories. |
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BACK |
| Can you prove
to me it works? |
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Absolutely! We can
show you just how much you should expect to save over your
current method or service today. Call us at (800) 451-1136
and we will prepare a comparison for you. We can show you
how we integrate with your current processes and accounting
procedures as well as we can show you how to be more
efficient and how to focus more on your business. And we’ll
show you examples of other businesses that have come to
realize the need for and benefit of professional help.
Should you, after ninety days, decide that HR Ledger is not
the best answer for you we will supply you with all the
material necessary to return to your old system and refund
you all the service fees you have paid to us. |
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BACK |
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