SOURCE: Patersons HR and Payroll

October 15, 2008 07:00 ET

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

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