Restitution
Restitution with eBacon
eBacon’s restitution feature empowers you to address errors efficiently. With a single click, you can identify errors, receive automatic correction suggestions, approve them, and update payroll data and reports – all within our user-friendly platform. Say goodbye to manual adjustments and hello to a smoother, faster payroll experience. Here’s what sets us apart:
Feature: This feature helps catch and fix common timesheet errors. If you forget to record hours or enter them in the wrong job, the system can:
- Identify potential misplacements
- Automatically adjust the hours between the correct and incorrect job codes (including recalculating fringes)
While eBacon automates much of the restitution process, vigilance is still key. Payroll admins should review any flagged discrepancies before finalizing corrections to ensure ultimate accuracy.
Benefit: Easily handle restitution from start to finish. This feature automatically adjusts hours and recalculates fringes for the correct jobs, minimizing the need for manual adjustments and ensuring accurate payouts to your employees. This not only saves you time on resolving discrepancies but also reduces the risk of errors associated with manual restitution, streamlining your payroll process.
Feature: Get real-time calculations for wage corrections. This feature eliminates delays by instantly calculating the exact amount needed to adjust an employee’s pay, ensuring timely and accurate compensation.
Benefit: Receive instant calculations for wage adjustments, leading to quicker corrections and on-time payments for your employees. This helps maintain employee satisfaction and productivity.
Feature: Get real-time calculations for wage corrections. This feature eliminates delays by instantly calculating the exact amount needed to adjust an employee’s pay, ensuring timely and accurate compensation.
Benefit: Receive instant calculations for wage adjustments, leading to quicker corrections and on-time payments for your employees. This helps maintain employee satisfaction and productivity.
Feature: Effortlessly manage restitution for multiple employees and job classifications simultaneously. Our system simplifies the process, eliminating manual calculations regardless of whether you need to correct by job or individual.
Benefit: Simplify corrections for diverse workforces, addressing discrepancies efficiently tailored to each employee’s situation.
Feature: Eliminate the risk of non-compliance and costly penalties associated with inaccurate payroll records. Our automated restitution process handles everything from helping to identify discrepancies to generating corrected Certified Payroll Reports (CPRs). Additionally, it automatically updates your backup records with accurate data.
Benefit: This ensures you have a complete audit trail readily available for inquiries or compliance audits, giving you peace of mind and minimizing the risk of errors that might lead to violations.
