Market Research Report: EPAY Systems
Company Overview
Name
EPAY Systems, A Vensure Employer Solutions Company
Mission of the Company
EPAY Systems is committed to providing leading-edge workforce management solutions to help companies improve their return on workforce investment through efficient management of hourly workforces.
Founded
EPAY Systems was founded in 2001.
Key People
No information is available.
Headquarters
1701 Golf Rd #1-1250, Rolling Meadows, IL 60008-4227, USA.
Number of Employees
No information is available.
Revenue
No information is available.
What is the company known for
EPAY Systems is known for its Human Capital Management and workforce management software, specifically designed for managing distributed, hourly workforces.
Products
HR & Payroll Software
A robust platform designed for the management of an hourly workforce, providing a seamless solution for HR and payroll needs.
Key Features:
- Compliance Essentials: Ensures organizations meet labor compliance with minimal risk and comprehensive support.
- Real-time Analytics: Offers insight into workforce management for a better bottom line.
- Seamless Integration: Connects various HR technology within one platform.
Time & Attendance
Automates time tracking to ensure accurate monitoring of hourly employee attendance.
Key Features:
- Biometric Time Clocks: WalTer S18, T16, T11 for secure and accurate time tracking.
- Mobile Punch with GPS: Ensures time tracking authenticity.
Workforce Management
Optimizes workforce and helps in reducing labor costs and enhancing efficiency.
Key Features:
- Labor Cost Reduction: Tools to lower labor costs and ensure effective workforce management.
- Safety Claims Minimization: Advanced solutions to manage and minimize safety claims, especially in manufacturing and construction environments.
Recruitment & Applicant Tracking
Streamlines the recruitment process to improve hiring efficiency.
Onboarding & HR
Facilitates smooth onboarding process and ongoing HR management.
Benefits Administration
Streamlines the management of employee benefits for efficiency.
Payroll & Tax
Comprehensive payroll management reducing errors and administrative burden.
Performance Management and Learning Management
Tools for employee performance assessments and professional development.
Recent Developments
New Products Launched
No information is available.
New Features Added to Existing Products
- Compliance Essentials: Introduced to help employers mitigate compliance risks and strengthen HR policies.
- E-learning Program: Expanded with over 100 courses to meet mandatory training requirements.
New Partnerships
- In 2020, EPAY Systems was acquired by PrismHR, which has allowed further growth and advancement in technology and capabilities.
Conclusion
EPAY Systems remains a leader in providing workforce management solutions with a strong focus on HR and payroll management for distributed and hourly workforces. The company leverages state-of-the-art tools to reduce labor costs, improve operational efficiency, and ensure compliance with labor laws. With consistent product evolutions and strategic acquisition by PrismHR, EPAY Systems continues to enhance its offerings to adapt to complex workforce needs.
