Professional Payrolling Services

Risk Mitigation

The use of contingent workers is growing at an accelerated rate. When companies internally identify and source contingent workers instead of utilizing third party suppliers they significantly increase their risks.

To mitigate, or reduce the issues and concerns regarding co-employment and reclassification, many companies choose to utilize their current third party staffing providers for payrolling services for internally sourced contingent workers. Typically, the expense for providing these services is very high. In such cases, companies can significantly reduce their cost for payroll services using XRM^SM Professional Payrolling Services.

XRM^SM Professional Payrolling Services (XPPS) - A Proven and Comprehensive Solution

XPPS, part of the XRM^SM Solutions family, delivers high quality payroll services through a reduced cost delivery model and a feature rich, web-based automated system. 

XPPS provides MORE for LESS

Regardless of whether the contingent worker is a referral, retired employee, intern or skilled contractor, they all can be routed through XPPS, greatly reducing co-employment issues and reclassification concerns. All contingent workers are covered under Acro's insurance, including workers compensation and general liability insurance. Acro is fully accountable for all tax liabilities and reporting.

Key Features of XPPS:

• Based on the proven XRM^SM Solutions technology (web-based software services suite for management of contingent workforce)
• Customizations to meet client requirements
• AcroTrac^®– Web-based time and expense collection and approval
• Handling of 1099 workers
• Complete and auditable tracking of workers through multiple assignments
• Maintenance of ‘Do Not Use’ lists
• Complete on-boarding support including drug and background checks
• Customized orientation and on-going training
• Comprehensive analytic system - management reporting (an XRM^SM feature)

Benefits for the Client:

• Significantly reduced cost of service when compared to traditional models
• Simplified processes and paperwork for the clients and candidates
• Customized programs specific to requirement
• Customized no-cost implementation of AcroTrac^®, Acro’s Time and Expense capture and management module
• All benefits of outsourcing retained:
  • Program administration burden eliminated      
  • Employer related risks mitigated
  • Wage/benefit issues segregated and protected

Benefits for Contingent Workers:

• Eliminate concerns and issues regarding eligibility to be a 1099 worker
• Free Direct Deposit and 401(k) program
• Full suite of benefits available: Medical, Dental, Vision, Disability, Term Life Insurance, Accident Insurance, and others
• Management of all payroll deductions and W-2 issuance at year-end

The Technology

The XRM^SM System automates and facilitates the tasks associated with tracking and retaining contingent workers, be they highly skilled, interns or retirees previously sourced by client for future projects.

XRM^SM Solution's AcroTrac^® (Time Record Automation Center) and Electronic Invoicing modules are provided in an Application Service Provider (ASP) model. All data is highly secure with full redundancy and disaster recovery procedures in place. The web-enabled software utilized is state-of-the-art and can seamlessly interface with the client's existing ERP applications.

Contact us today for a confidential review of your company's challenges and objectives, and to discuss how XRM^SM Solutions can develop a low-risk and cost saving custom program that meets your specific Payrolling and Risk Mitigation objectives.