In today’s complex healthcare environment, where labour costs can represent up to 80% of an organization’s operating budget, the deployment of a robust, reliable payroll management solution is considered mission critical.
For over 35 years, MediSolution’s Virtuo Payroll Management experts have provided our customers with a reliable, full-service hosted payroll management solution, and have never missed a single payroll payment date.
Complete Payroll Management
Specifically designed to meet the needs of Healthcare organizations, the Virtuo Payroll Management solution saves valuable time and avoids costly administrative errors by managing:
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Gross-to-net calculations
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Complex and time-consuming legislative changes ensuring strict compliance with all CPP, tax, EI, WSIB, EHT rules
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Detailed calculation of numerous sick plans and vacation banks
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Employee benefit enrollment
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Complex pension plans, including HOOPP and OMERS
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Multiple union contracts and collection of union dues
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Retroactive pay calculations
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Bonuses and special payments
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Daily time entry and optional online employee timesheets
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Direct deposit to multiple employee bank accounts
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Online employee access to pay statement
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Integrated payroll accounting and budgeting modules
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Fully MIS compliant
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Vacation expensing
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Full-time equivalence
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Statistical and financial reports and posting
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Worked / benefit analysis
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Month and year-to-date budget comparisons
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Benefits expensed to department worked
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Posting by actual pay or by accruals
Seamless Integration
Renowned for its strong financial integration, the Virtuo Payroll Managment solution seamlessly integrates with market-leading financial management systems reducing the costs required for timely financial posting.
The Virtuo Payroll Management solution also comes ready to integrate with a variety of market-leading Scheduling and Human Resource systems including Virtuo and 3rd Party systems, to create a comprehensive Human Capital Management Solution.
Unparalleled Customer Service Experience
MediSolution has been providing best in class support to Virtuo Payroll Management customers for over 35 years. Our highly skilled team of payroll experts is an active member of the Canadian Payroll Association, and is ready to support customers and resolve payroll related business issues.
Comprehensive Filing and Reporting
With the Virtuo Payroll Management solution, our customers are assured peace of mind, knowing that all year-end tax forms and record of employment forms for departing employees will be accurately produced for electronic filing with the appropriate government department.
Virtuo Payroll Management’s robust report generating capabilities have been designed to meet and exceed the Ontario Ministry of Health requirements. |
