Why Companies should consider Efficient Hire? Or Best Reasons for which Efficient Hire is chosen by companies. EHX Service Bureau allows companies providing payroll and human capital management services to quickly launch automated employee onboarding services to offer to their customers. Efficient Hire remains behind the scenes allowing service bureaus to white label and quickly configures this solution for their distinct needs. Specifically, Efficient Hire allows for real-time integration of the Efficient Hire onboarding service with the service provider’s payroll system. This provides a seamless experience for the customer, from the completion of all required new hire forms to the feeding of new hire payroll information into the payroll service. Efficient Hire automates the entire process. Much like automated tax preparation software, Efficient Hire’s intuitive online interview asks newly hired employees a few simple questions to determine form requirements. Then the Efficient Hire solution goes a step beyond, guiding new hires step-by-step through the entire process. Efficient Hire accurately completes standard new hire paperwork, including W-4, I-9, WOTC (8850 and 9061), staterequired forms, employee information, emergency contact, and direct deposit, among others. Efficient Hire also allows an HR service organization’s customer to have their specific terms and conditions and other attestation documents become a part of the electronically signed new hire package. Efficient Hire implementation and configuration can be completed quickly and allows for each service bureau to set up, configure and manage its own customers through an easy to use Customer Setup Wizard that asks all the relevant questions required to best utilize Efficient Hire. Set up of a customer can be completed by a service bureau in a matter of minutes. In the competitive Human Resource Management Services market, dominated by several large entities, Efficient Hire goes beyond leveling the playing field by allowing all service bureaus to add automated employee onboarding functionality. This functionality has been promised by the large entities for many years, but to date has never become an affordable standard feature offered to their customers. Efficient Hire will allow service bureaus to not only earn more customers, but also to retain customers indefinitely as the Efficient Hire features become an integral human resource necessity for every customer. The Efficient Hire offering can help service bureaus grow and maintain their business, but also will help increase their revenue and value to their customers by providing the unique WOTC (Work Opportunity Tax Credit) screening feature. The Efficient Hire optional WOTC screening feature allows all of a service bureau’s customers (even small companies) to finally take advantage of the large federal tax credits available through the WOTC program. Finding even one eligible employee can mean thousands of dollars for a customer, offsetting service expenses. Efficient Hire completes the required forms 8850 and 9061 for only eligible employees and instructs the company on easy to follow, required procedures to receive the credits. With Efficient Hire there is no need for customers to pay an expensive tax credit processor.
Published on Oct 21, 2012
Published on Oct 21, 2012
Efficient Hire’s Transaction Origination Platform powers the company's various industry leading SaaS services by allowing its customers to c...