Cloud-based enterprise resource planning (ERP) and financials software specialist Netsuite announced its next-generation payroll service, with features including a payroll interface that validates all leave, payroll and salary data, full gross-to-net calculations and support for check printing.
Other features include pay cards and direct deposit, enhanced payroll workflows that handle large transaction volumes, and employee self-service, expense tracking integrated into ERP.
The NetSuite Premier Payroll Service is aimed at large, multi-location enterprises within the U.S. employing thousands of employees and contingent workers. In addition, a revamped NetSuite user interface offers progressive disclosure, optimized user interfaces and a flatter, more modern look.
The Premier Payroll Service, with built-in employee self-service and a fully integrated payroll interface, automatically enters time, salary and payroll data.
Other capabilities in Premier Payroll Service include, deeper editing capabilities, giving payroll managers the ability to make adjustments to information at a line-item level without recalculating the entire payroll batch, and enhanced payroll workflows.
This means a payroll batch run can be suspended while in progress so revisions can be made with automatic resumption from the point of change.
New filtering and searching include capabilities to filter and search by employees and other criteria improve overall control and management of payroll batch creation and execution.
Increased flexibility in managing automated processes means managers will be able to adjust automated deductions and contributions within a payroll batch without creating separate data sets.
Finally, an enhanced user interface provides a more intuitive environment better designed to support larger data volumes and employee populations.
The above enhancements to the Premier Payroll Service are expected to be available in early 2015.
The service natively supports NetSuite cloud accounting, expense management and commissions a full-service solution that automatically calculates earnings, deductions, contributions, taxes, paid time off and more, with payments to personnel through direct deposit, printed checks or purchasing cards.
In addition, Premier Payroll Service automates all payroll tax filings with U.S. federal, state and local jurisdictions and streamlines creation and delivery of year-end Form W-2 and Form 1099-MISC.
At the ninth annual Internet Retailing Conference in London, the company will be demonstrating SuiteCommerce—a cloud-based omnichannel commerce platform that connects e-commerce and in-store point-of-sale (POS) to order management, inventory, merchandising, marketing, financials and customer service, and Venda—a cloud-based e-commerce platform with built-in responsive Web design capabilities.
During the conference, James Cronin, NetSuite’s vice president of engineering, will deliver a presentation on online international expansion, which will cover the challenges and rewards of expanding into new markets.
The Internet Retailing Conference brings together retail executives and managers, industry experts and technology providers to share and explore how retailers can transform commerce amid a changing landscape of competition and evolving customer expectations for personalized and engaging brand experiences.