PAYROLL CO-SOURCING SERVICES

Powered by OneSource Virtual HR

Workday provides Payroll Co-Sourcing Services through OneSource Virtual HR to help you securely and confidently pay your workers while relying on the foundation of Workday Payroll.

Maximize the Benefit of Your Workday Solution

By co-sourcing, you can leverage the power of both Workday Human Capital Management (HCM) and Workday Payroll, as well as improve efficiencies by allowing our team of payroll professionals to focus on basic payroll services and allowing your workers to concentrate on more strategic activities. Workday Payroll Co-Sourcing can help you improve the quality and flexibility of your workforce, improve your organization’s ability to accommodate change, and stay ahead of market forces.

With Workday Payroll Co-Sourcing Services, you can:

• Retain control and visibility of payroll data because payroll is always processed within your own tenant.
• Take advantage of the always-on audit control of Workday.
• Leverage the capabilities of Workday HCM and incorporate that information into your payroll.
• Rely on a dedicated Payroll Specialist to help address any questions or issues.
• Provide self-service access for your workers to access their payslips through Workday HCM.
• Reduce the manual effort to process payroll, tax, and garnishment activities.

Payroll Settlement: More Control and Visibility with Less Effort

Payroll Settlement Services gives organizations the ability to retain control and visibility of their payroll data. The advanced capabilities of Workday Payroll also provide you with flexibility and control over how you calculate and run your payrolls. Everything is performed in your Workday tenant so your data is always accurate, always real-time, and always accessible. There is no need to transmit data to a processing center, wait on a batch process, or manage an integration to a third-party payroll system.

Tax and Garnishment Administration: Always Be In Compliance

Tax and Garnishment Administration Services include preparation of Federal, State and Local payroll tax filings and deposits, including quarterly and annual tax returns and reconciliations. We will also process daily, quarterly, or annual tax obligations, and state-specific disability and unemployment payments. W-2 and W-2c filings are also included. Finally, we process garnishment wage orders to the appropriate agencies.

Tax and Garnishment Administration Services relieve the burden of regulatory compliance and offer a worry-free way to handle your payroll taxes and garnishments. With our full-service solution and experienced team on your side, you can feel confident you are and always will be in compliance with the IRS.

Dedicated Support Team

Depending on which services are selected, you will have the following dedicated support representatives available to help you with your payroll questions:

A Client Payroll Specialist becomes an extension to your payroll department. Our specialists quickly learn about your payroll process and are available to address your questions. The following are key responsibilities of the Client Payroll Specialist:

• Provide support in answering payroll questions
• Process, finalize, and settle payroll payments
• Print and mail checks and advices

Client Tax Specialists are experts in payroll tax laws. Each customer gets assigned a Client Tax Specialist who will work with your tax department to ensure you stay in compliance with paying and filing your payroll taxes. The following are key responsibilities of Client Tax Specialists:

• Process and pay periodic payroll taxes
• Provide support for tax questions
• Reconcile and file quarterly taxes
• File annual taxes as well as W-2s

Get the Best of Both Worlds

Workday Payroll Co-Sourcing Services allows you to make the most of your investment with Workday Human Capital Management and Payroll. By relying on our teams to help you manage your payroll, you have better control and visibility of your data, accurate and faster turnaround times on payroll runs, time to review or audit payroll results, flexibility in your configuration, and a dependable services team. Additionally, if your organization ever decides it no longer needs co-sourcing services, there is no need to re-implement a payroll solution. Just take over the payroll management processes yourself using your existing Workday tenant. Workday is committed to providing you with the payroll solution that best fits your needs, both today and into the future.

About OneSource Virtual HR:

OneSource Virtual HR is a leading provider of business process outsourcing (BPO) services to companies that leverage the Workday solution. By offering Workday and BPO services to the mid-market and outsourcing solutions for enterprise clients, OneSource Virtual HR is providing a cloud-based alternative to traditional outsourcing. www.onesourcevhr.com