MySolved: Revolutionizing Payroll & HR Automation for Modern Businesses

In today’s fast-paced business environment, managing payroll, benefits, and HR processes across diverse teams can quickly become a logistical burden. MySolved offers an all-in-one, cloud-native solution designed to automate every facet of workforce management—from accurate pay runs to seamless benefits enrollment—so you can focus on strategic growth instead of paperwork.

1. Unified Payroll Processing & Tax Compliance

• Global Payroll Engine: Process multi-entity, multi-state, and even multi-country payrolls within a single platform—configurable for local pay rules, currency formats, and tax regimes.
• Automated Tax Filing: MySolved calculates and remits all required federal, state, and local taxes, then generates year-end W-2s, 1099s, and other compliance forms automatically.
• Audit-Ready Records: Maintain a tamper-proof archive of payroll registers, tax filings, and direct-deposit confirmations—accessible on demand for internal or regulatory audits.

Benefit: Eliminates the complexity of disparate payroll systems and reduces risk of fines by ensuring accurate, timely tax compliance.

2. Intelligent Time & Attendance Management

• Flexible Clock-In Options: Enable employees to clock in via biometric kiosks, mobile geofencing, or web portals—preventing buddy-punching and unauthorized overtime.
• Rule-Based Enforcement: Embed your labor rules—break requirements, overtime thresholds, shift differentials—and receive real-time alerts on violations before they become costly mistakes.
• Schedule Integration: Tie approved timesheets directly to published schedules, streamlining approvals and reducing manual reconciliation.

Benefit: Drives payroll accuracy and workforce accountability, saving hours in timesheet audits and exception handling.

3. Streamlined Benefits Administration

• Enroll & Manage: Offer health, dental, vision, retirement, and voluntary benefits through a guided, self-service enrollment portal—complete with plan comparisons and cost calculators.
• Carrier Connectivity: Push elections via EDI/API to insurance carriers and 401(k) providers without paperwork—while reconciling carrier invoices against your payroll deductions.
• Life-Event Automation: Trigger eligibility windows and make real-time updates for marriage, birth, or address changes—ensuring benefits stay current and compliant.

Benefit: Improves employee satisfaction through transparency, reduces HR workload, and eliminates eligibility errors.

4. Compliance & Reporting Powerhouse

• Dynamic Rule Library: MySolved keeps pace with changing labor laws—automatically updating federal, state, and local regulations for break rules, minimum wages, and paid-leave mandates.
• Configurable Alerts & SLAs: Set compliance thresholds and receive notifications when headcount, hours worked, or leave balances approach regulated limits.
• Advanced Analytics: Generate custom reports on payroll costs, headcount trends, absence rates, and benefit utilization—fueling data-driven decisions.

Benefit: Mitigates legal exposure and offers actionable insights into your total cost of workforce.

5. Employee & Manager Self-Service

• Mobile-First Experience: Employees access pay stubs, tax documents, PTO balances, and benefits details from any device—reducing routine HR inquiries.
• Manager Workspaces: Leaders approve time-off requests, review labor-cost dashboards, and manage headcount changes through an intuitive manager portal—empowering decentralized decision-making.
• Instant Notifications: Automated alerts for pending approvals, policy acknowledgments, and upcoming deadlines keep the entire organization aligned.

Benefit: Elevates the HR service model, boosting engagement and freeing HR teams for strategic initiatives.