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Paychex Flex Being Enhanced

Paychex is adding new benchmarking reports and an enhanced HR analytics applications to Paychex Flex, its HR software platform. The payroll company said then new capabilities will be rolled out over the next few months.

The features are being added through an alliance with Visier, which markets people analytics and workforce software.

Paychex said the new technology will enhance the analytics already available in its enterprise-level reporting. Combined data sources will provide validated analytics for accurate benchmarking and text insights to medium and small businesses.

Available analytics include guided analyses and intuitive insights on workforce distribution and cost, attrition, turnover, retention, pay, and equity and compensation benchmarks to compare workforce compensation against 750 million market data points. Customers will be able to view and information directly through a self-service model  or a shared analytics workspace with Paychex HR professionals.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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