Trusaic, a Workday Access Level software partner, announced that it has been designated as a Workday Certified Solution Partner. Trusaic offers seamless connection between Workday’s Human Capital Management (HCM) and Trusaic’s Affordable Care Act (ACA) State Filing solution.
Workday HCM is a unified, cloud-based solution that helps businesses to adapt to the changing world of human resources. Workday HCM provides unified workforce administration, from salary and payroll to shift scheduling, time tracking, benefits, and more.
Joint clients can remain on top of ACA compliance requirements for the states they do business in and guarantee timely, correct filing with the Internal Revenue Service with the help of this approved integration (IRS).
Under the ACA’s Employer Mandate, a growing number of states have imposed state ACA reporting obligations in addition to the federal reporting filing requirement.
More states are likely to enact their own individual mandates as a result of the Tax Cuts and Jobs Act’s 2019 zeroing out of the federal Individual Mandate Penalty.
Employers benefit from the following:
- Trusaic provides one-on-one assistance.
- Meet all ACA filing deadlines in your state.
- Comply with the ACA’s rigorous state-specific reporting requirements.
- Avoid or reduce the possibility of a punishment.
- Maintain ACA compliance
- Reduce the burden of ACA compliance on internal workers.
Employers may track, prepare, furnish, file, report, and defend their ACA compliance by using Trusaic’s quick adoption and easy connection with Workday HCM, according to Robert Sheen, CEO of Trusaic. “Our method reduces the danger of an IRS penalty. We are also available to provide expert assistance in the event of an IRS or state audit.”