Tag: Payroll (Articles)

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  • Demystify Payroll Taxes with this BSI Solution
    Are you struggling or frustrated with trying to understand payroll taxes? What about state tax reciprocity or multi-state taxing needs? There is an answer - BSI’s Tax Factory. Tax Factory is a software solution offered by Business Software International (BSI). BSI is the Infor software partner that provides payroll tax updates and tax management to companies using Infor S3/Lawson payroll. Keep reading to learn more about how BSI's Tax Factory can solve some common payroll tax challenges.
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  • These Good Payroll Practices Will Get You Through Year-end Easier
    Are you ready for year-end?  What have you been doing all year long to prepare for year-end?  Reconciling payroll every pay period Paying tax filings on time and cataloging for quarterly and annual filings Ensuring each quarter totals and filings are balanced to a year-to-date report of taxable wages (think W2’s) In the world of payroll processing, there are many disciplines that our payroll professionals follow.  Everything from learning the tax code to tasks...
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  • Embrace the Shift from S3 to TM within Global HR
    The move from S3 to TM will impact your organization, but it’s nothing to be afraid of. Historical data will remain S3 and reside on version 10 for inquiry purposes. Payroll will also remain S3 (for now) and HCM will feed what it needs to your payroll through delivered interfaces powered by Infor Process Automation. Version 11 of Human Capital Management gives you the opportunity to start fresh, explore, and take advantage of the abundant enhancements within the Global HR and Talent Management Application.
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  • A Step in the Right Direction
    This past week, I spent three days in New York City at Infor’s Executive Offices. It was a great visit, and the weather ranged from 30 to 70 degrees, sunny and rainy, and ready to snow as I left. What diversity and what a time in the city that never sleeps. I attended Infor’s Inaugural HCM Partner Summit where they updated us on the latest products, strategy, and marketing in and around the entire HCM Suite. It was great to get a status update on the global payroll strategy and v11 Landmark Payroll: anyone interested in being a v11 Payroll Beta? We also got to hear the executive commitment around HCM product development, strategy, and where Infor is headed from Charles Phillips, Stephan Scholl, and Soma Somasundaram, who joined the Summit.
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  • "Should I Outsource My Payroll?" Decision Tree
    Do you have the strategic vision to capitalize on new opportunities?Driving business value from a trusted partner allows organizations like yours to recognize more revenue, faster, when your goals are clearly defined and you leverage key competencies. Whether you are at the start of your journey, evaluating whether to outsource, have already decided that outsourcing is the right move for you or have been outsourcing but are not satisfied with your current provider’s service levels, these are the considerations you should take into account.
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  • Purging Benefits Data
    Every time an employee makes a benefits change, a new record is stored in the benefits table. Additionally, a new record is stored in the employee’s deduction master table for each deduction related to that benefit. If these records are allowed to accumulate unchecked, this can slow down payroll processing and even cause errors. To help alleviate these issues, we recommend running the BN430 benefits purge program.
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