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VertiSource HR | HRIS and HR Outsourcing
We are big believers in the concept of introducing new technologies that make HR teams better at what they do. So it should be no surprise that we are also fans of state-of-the-art human resource information systems (HRIS). We are especially enthusiastic about how a good HRIS can enhance benefits administration. An HRIS is a […]
Open enrollment for the 2024 plan year has come and gone. That doesn’t mean benefits administrators are now on holiday for the next nine months. To the contrary, they have plenty to keep them busy until open enrollment 2025. What will they be doing? Benefits administrators will be answering questions, compiling educational materials, filing claim […]
Pay transparency is one of the hottest trends in state labor laws. New York became the latest to require pay transparency when a new law took effect in mid-September 2023. Perhaps your state has not yet taken up the question of pay transparency. Do not assume that means lawmakers never will. Pay transparency is an […]
Last year, the IRS issued new regulations dictating how businesses file their tax paperwork. Beginning 2024, nearly all businesses will have to file electronically. It isn’t limited simply to tax returns. Any business that files at least ten forms with the IRS in aggregate are now required to do so electronically. Mandatory e-filing applies to […]
Companies looking to outsource employee benefits administration often turn to their insurance brokers. That is not a bad idea if benefits administration is the only HR function a company needs help with. But if there are other functions ownership is looking to outsource, it makes better sense to hook up with a PEO. PEOs are […]
Accounting and bookkeeping are two distinctly different jobs. Although there is some overlap between the two, there are certain things accountants can do that bookkeepers cannot. That is why growing businesses that have long relied on only a bookkeeper eventually end up outsourcing accounting to firms like VertiSource HR. This is not to suggest that […]