Modernizing Your Payroll to Grow Your Business

This webinar covers the importance of modernizing payroll solutions for staffing firms in today's changing work environment. Along with Amy Horvat and Kevin O'Neill of SIA, our CEO Kirti Shenoy discusses how remote work, flexible work arrangements, and the rise of talent platforms are driving the need for more modern payroll technology. We discuss the challenges staffing companies face such as compliance, worker retention, and scaling their business without increasing headcount.

Watch the video to get insights on how modern payroll solutions can help staffing firms address these challenges by automating key processes, improving worker experience, and ensuring compliance. We also give an overview of modern payroll capabilities in areas like data integration, worker portals, and compliance automation.

Key takeaways from the webinar:

• Workers and work have changed: Amy brings the receipts and shows statistics about how work and workers have changed in recent years. She sets the stage for the modernizing payroll, highlighting key trends in the workforce, such as the rise of remote work, increased flexibility, and the growing use of talent platforms by both workers and buyers of contingent labor. She explains the importance of compliance in a changing work environment and the need for staffing firms to have the right technology to support these changes.

• Scaling, flexibility, compliance, and worker retention are key challenges: At Zeal we talk to hundreds of companies every year which gives us a unique perspective on the challenges of staffing companies. Kirti shares her insights on the key challenges staffing firms are facing with payroll, including the need to support flexible work arrangements, ensure compliance with changing regulations, and provide a modern, digital experience for workers. She emphasizes the importance of automating payroll processes and providing workers with self-service tools and transparency around their pay.

• Have a roadmap for upgrading payroll: Kevin provides his perspective on the state of payroll technology in the staffing industry. As the Technology Research Director at SIA he observes that while there are good solutions available, many staffing firms are still using legacy systems that are not fully digitalized or automated. He highlights the need for staffing firms to have a clear technology roadmap and modernize their processes, not just replace their payroll system, to truly benefit from the capabilities of modern payroll solutions.

• Modern payroll helps staffing companies overcome scale, flexibility, compliance, and worker retention challenges: We outline our approach to helping staffing firms modernize their payroll, including automating key processes like overtime calculations, tax filings, and worker onboarding. Kirti also discusses Zeal's capabilities in providing white-labeled mobile apps and worker portals to improve the worker experience and enable self-service.

• How to implement modern payroll from no-code to fully integrated solutions: Kevin and Kirti give their perspectives on the key considerations for staffing firms when implementing modern payroll solutions, including the importance of having a clear technology roadmap, integrating with other systems, and selecting the right partner. They emphasize the need to modernize processes, not just replace the payroll system, to truly benefit from the capabilities of new technology.

• AI can help payroll be more automated to ensure compliance and improve scalability: We finish the webinar taking Q&A from the audience which cover AI, integrations, and more details on Zeal's capabilities.

If you're interested in how modernizing your payroll can help you grow your business, please contact us. We'd love to see if Zeal can help you scale, stay compliant, and improve worker retention.