Payroll

An integrated component of the comprehensive Colleague administrative suite, Colleague HR Payroll supports employee-focused payroll functions across your entire institution. It provides seamless setup, processing, maintenance, and reporting of payroll information as well as automation for financial aid earnings, payroll tax tables, time and attendance tracking, voucher creation, and more.

Colleague HR Payroll Features:

• Setup of unlimited number of account types, meeting the needs of your institution
• Direct data exchange with your financial institutions, giving your payroll office an extra day to process records and cut checks
• User-friendly interface for journal entries that automates the weekly process and reduces the risk of clerical input errors
• Flexible setup and maintenance, allowing authorized users to make simple changes and code additions without the need of IT support
• Automatic institutional regulatory compliance in both tax and immigration arenas, with accurate regulatory reports for comprehensive analysis
• Ability to provide single W-2 statements for each employee regardless of company codes assigned throughout the year.
• Group or individual payroll check and direct deposit processing, ensuring proper maintenance of precise audit trails
• Electronic posting of payroll account balances to the general ledger,  eliminating the need to manually balance payroll accounts and reconcile checks
• WebAdvisor for Employees promotes employee self-service, allowing employees to submit and supervisors to approve time worked via the web
• Online employee pay stubs and historical pay information, removing the labor costs associated with printing and distribution