Clients really appreciate the ability to capture all cash and benefits related expenditures in one report
Rocklin, CA (PRWEB) August 21, 2008
Cash and benefits-related spending can now be compiled into a single management report, thanks to new software modules from TotalRewards Software, Inc., the industry leader in on-demand total compensation statement software. The HR Executive Dashboard and Promotion Module are both available for the company's TotalCompBuilder.com platform.
The HR Executive Dashboard is a roll-up, management report that analyzes all of a company's total compensation expenditures. When added to TotalCompBuilder.com's web-based software, the module processes the employees' cash compensation and benefits data uploaded into the system and provides a detailed, company-wide report breaking down each category by number of participants, participation ratios, average by employee and total. User-friendly graphics display the data.
"Clients really appreciate the ability to capture all cash and benefits related expenditures in one report," said Char Ruppel, VP of Business Development at TotalRewards Software. "The HR Executive Dashboard is great for reporting to upper management and indispensable for forecasting year-over-year increases."
Also new is the Promotion Module, which allows clients to send targeted promotional messages in print and e-mail to just those employees who will be receiving a statement. Messages can be sent to those employees who have not yet visited their statement or to those that have.
"Our internal research shows that 30-35 percent of employees will visit their online statement at least one time. However, when clients send at least three promotional messages, employee utilization doubles," said Alessandra Vaughn, Senior Project Manager. "Using our Promotion Module is a huge opportunity to maximize the investment in the project through higher utilization."
These two new offerings bring the total number of optional modules available for TotalCompBuilder.com to seven. Other modules include Candidate, Stock Option, Change Password, Personalized FAQ and the upcoming Analytics Module.
TotalCompBuilder.com is the first, on-demand total compensation statement software platform that produces both print and online total compensation statements quickly, easily and cost-effectively. It is a service operated by TotalRewards Software, Inc., a private company founded by business and technology professionals with a mission to deliver high quality, cost-effective, total compensation statement software solutions to the thousands of small and medium sized employers in North America.
Ray O'Donnell, Total Rewards Software, Inc.
(916) 632-1000, x202
This press release was distributed through eMediaWire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.