Patersons HR and Payroll Solutions Announces Full Support for U.S. Payroll
Global SaaS-Based Solution Now Incorporates Payroll and HR Regulations for All 50 States
| Source: Patersons HR and Payroll
RALEIGH, NC and SALISBURY, UNITED KINGDOM--(Marketwire - October 15, 2008) - Patersons HR and
Payroll Solutions, a leading global HR and payroll software and services
business delivering expert solutions to clients in more than 160 countries,
today announced the general availability of full U.S. payroll. By using
Patersons' Logon2 Web-based SAS 70 Level II certified software-as-a-service
(SaaS) platform, multi-national organizations seeking to pay U.S. employees
can use the same system to simplify the complexities of processing and
administration for all 50 states, online, on demand.
Patersons HR and Payroll Solutions popular "one system, one global
contract" approach has rapidly gained adoption across multiple regions.
While almost every country has distinct payroll rules, the U.S. represents
a particularly complex situation whereby each of the 50 states have to meet
specific federal, state and local tax regulations. U.S. payroll also
involves benefit deductions and garnishments, as well as reciprocal
agreements between states, such as non-resident taxes. Patersons HR and
Payroll Solutions now incorporates all calculations and tax regulatory
requirements for each state through its rules engine, as well as flexible
global, country and local reporting capabilities through full integration
with Cognos.
Chief Executive Karen Paterson observed, "Response to our truly global, one
platform HR and payroll solution reflects the escalating need for companies
to be able to reliably pay employees without having to manage multiple
payroll vendors. Adding full support for all 50 U.S. states is a natural
extension of our continued growth and represents an impressive body of work
by the Patersons team, further reflecting our commitment to meeting the
needs of our customers and significant payroll expertise."
Unlike other HR and payroll companies that seek to impose a "one size fits
all" model, Patersons' flexible solutions can be configured to meet the
needs of each customer. Companies using the Patersons HR and Payroll
Solutions system can elect to implement the solution in-house or as an
outsourced model. In the case of the outsourced implementation, payroll
for multiple jurisdictions is managed from Patersons Service Centers
worldwide. Patersons also manages related providers -- such as benefits
carriers -- by becoming the liaison between the client and the provider.
Patersons HR and Payroll Solutions U.S. payroll customers are supported by
an APA and CPP certified dedicated support team based in Raleigh, N.C.
Additionally, Patersons' customers have access to the company's online
community that provides valuable information about payroll updates,
educational Webinars, and the opportunity to network with other HR and
payroll professionals.
Patersons HR and Payroll Solutions will demonstrate its U.S. payroll
capabilities in Booth No. 329 at the HR Technology Conference, being held
in Chicago from October 15 - 17.
About Patersons HR and Payroll
Headquartered in Salisbury, U.K. with offices in the U.S., central Europe
and Asia, Patersons HR and Payroll is a leading global HR and payroll
software and services business delivering expert solutions to clients in
more than 160 countries. The Company's secure Internet-based software as a
service is multi-currency and multi-lingual (covering over 30 languages),
features an easy-to-use interface, supports fast implementation times and
facilitates integration with existing systems. Patersons HR and Payroll
differentiates itself by: one contract, one software solution, one
enterprise interface and one cohesive system approach. As a result,
Patersons has proved the impossible by being able to run
multi-jurisdictional payroll rules for multiple clients on one database and
one instance of source code worldwide. More information and contact details
can be accessed at www.patersons.net