Businesses should take advantage of the powerful payroll and human capital management (HCM) software options that are available to them. These platforms allow businesses to streamline their payroll and human resource needs efficiently and effectively. isolved is one of these great HCM platforms that Paper Trails leverages to provide its ’clients with the tools necessary to successfully manage their business in this ever-changing world. As a client of Paper Trails, there are many features of isolved that you probably didn’t know you had access to. Let’s take a look at 5 of these features.
5 features of isolved you probably didn’t know you had access to
Below are 5 lesser-known features of isolved that you have access to for free!
- The Employee Marketplace
- TurboTax Integration
- License, Certification, and Training Tracking
- Employee Financial Wellness
- MyHrStuff
Let’s take a look at each of these features a little more closely.
The Employee Marketplace
The Employee Marketplace is a brand-new feature to the isolved platform! You or your employees can now take advantage of exclusive perks and discounts through thousands of partners at no additional charge. Discover and save on things to do, see, eat, or buy:
- Travel-related purchases (lodging, transportation)
- Events (movies, concerts, sports events)
- Dining and Wellness access (restaurants, gyms, spas)
- Electronics (TVs, computers, phones, etc.)
- Retail & Apparel (clothing, shoes, etc.)
To get started, just register at isolved.benefithub.com! This is another great employee retention tool to help attract talent and retain your top employees. Give your employees and any new hires this instruction sheet to get them started on saving!
TurboTax Integration
Another great new feature of isolved is the integration with TurboTax! This makes the tax filing process quick and easy. If you or your employees use TurboTax to file taxes, this feature will save you time and eliminate potential mistakes. All you have to do is enter the company's federal tax ID number into TurboTax, and all of your W-2 information is automatically pulled into TurboTax from isolved. No more manual data entry! There is nothing the employer needs to do to take advantage of this feature; it is already set up for all Paper Trails clients!
License, Certification, and Training Tracking
Let’s talk about the human resource management tools within isolved. Many users are unaware of an important tracking feature in the system. This feature allows employers to track mandatory employee licenses, certifications, or training. For example, a restaurant business would want to track their employee’s ServSafe certifications. Another example would be a healthcare facility wanting to keep a record of employee CPR trainings. These items can be logged into the system with an expiration date that allows employers to receive notifications when these items are close to expiring. Check out this document for more help on using this feature!
Employee Financial Wellness Tools
A benefit of using isolved is the access to integrated employee financial wellness tools such as ZayZoon and FinFit! ZayZoon provides earned wage access for employees needing to receive funds before payday. Through the isolved People Cloud self-service portal, employees can access up to 50% of their earned wages before payday. Whatever amount is taken out early is automatically deducted from their next paycheck.
Employees also have access to FinFit. FinFit provides financial coaching and access to low-interest lines of credit for employees. Employees can learn how to save, pay down debt, and more through the FinFit app available in the isovled People Cloud self-service portal.
MyHrStuff
myhrstuff.com is a tool for business owners, managers, and employees. This is the adaptive employee experience (AEE) where anyone within the company can manage their personal payroll and HR needs. Through My HR Stuff, employees can complete the following tasks, saving your HR department and managers valuable time:
- View and print paystubs
- View and print W2 and other year-end tax forms
- Change personal information
- Update direct deposit information
- Punch in and out
- Request and view time off
- view schedules
- Complete employee onboarding
- Enroll in benefits
- View and submit expense reimbursements
- Access the Employee Marketplace
- and more!
If you or your employees are not using this tool, now is the time to start! Empower your employees to take control of their own HR needs.
