Innovative Integration of UKG and Experian Revolutionizes Workforce Solutions
Revolutionary Integration Between UKG and Experian
In today's fast-paced business environment, managing workforce operations effectively is crucial for success. Experian, a renowned global data and technology company, has announced a groundbreaking payroll integration with UKG, a leader in HR, payroll, and workforce management solutions. This collaboration is set to dramatically transform how employers handle their essential workforce tasks by enhancing efficiency and security while minimizing costs.
Benefits of the UKG and Experian Partnership
The integration between Experian and UKG is a significant advancement for employers juggling various HR, payroll, and tax responsibilities. This partnership aims to simplify processes that can often become convoluted due to multiple vendor solutions. Here are some of the key benefits:
Simplified and Secure Workflows
Employers have always faced challenges when managing the workflows of payroll information. With the new API integration, UKG clients will be able to instantly and securely transfer employee payroll data between Experian Employer Services and UKG Pro™. This seamless connection enhances data accuracy and promotes efficiency in workforce management tasks.
Comprehensive Service Offering
The integration not only streamlines payroll but also offers comprehensive support for Work Opportunity Tax Credit (WOTC) claims, unemployment management, and verification services. By consolidating these services under one provider, employers can experience increased efficiency and reduced administrative burden.
Enhancing Workforce Management Processes
The integration of Experian’s API-driven technology into UKG provides numerous advantages for businesses:
Faster Verification Procedures
With this integration, the verification process of employees' income and employment is improved significantly in terms of speed, security, and accuracy. The technology facilitates quicker and more secure handling of sensitive data, which is critical in today’s digital landscape.
Automated Unemployment Claims Management
The integration offers automated management of unemployment claims, which is essential for maintaining compliance and managing risks. By streamlining this process, employers can reduce the burden associated with unemployment benefits handling.
Empowering Businesses for the Future
According to Mike May, vice president of technology partnerships at UKG, this partnership not only bolsters their commitment to support customers with innovative solutions but also enhances workplace experiences. This partnership with Experian exemplifies UKG's aim to elevate the workplace experience for employees across various sectors.
Unlocking Tax Credits
Employers can also benefit from Experian’s WOTC survey. This tool helps businesses earn tax credits for each eligible new hire while minimizing candidate dropout rates. Typically, each screening averages less than a minute, allowing businesses to optimize their hiring processes.
About Experian
Experian is at the forefront of data and technology, providing transformative solutions for businesses and individuals globally. They focus on redefining lending practices, preventing fraud, enhancing healthcare services, and advancing digital marketing solutions. With a diverse range of markets, including financial services, automotive, and insurance, Experian continues to innovate through data and analytics.
Operating from its corporate headquarters in Dublin, Ireland, Experian employs approximately 22,500 people across 32 countries. As a notable company listed on the FTSE 100 Index (EXPN), Experian remains dedicated to unlocking the power of data and serving customers effectively.
Frequently Asked Questions
What is the significance of the UKG and Experian integration?
The integration aims to streamline payroll and workforce management processes, enhancing efficiency and security while reducing costs.
How does the integration simplify workflows?
It allows for secure and instant transfer of payroll information, reducing the complexity associated with managing multiple vendors.
What benefits does the integration provide for employers?
Improved verification speed, automated unemployment claims management, and the ability to earn tax credits for eligible hires.
Where is Experian's headquarters?
Experian is headquartered in Dublin, Ireland.
How many people does Experian employ globally?
Experian employs approximately 22,500 people across 32 countries worldwide.
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