Meanwhile, Web-based accounting service providers are expanding into the HR realm as well. For example, New York-based Virtual Growth is partnering with Houston's Administaff to offer a broad range of personnel services including recruitment, performance management, benefits administration, and government compliance. And Maumee, Ohio-based eLedger has an alliance with Fort Worth's CBS Payroll, which provides benefits planning and other HR services. Then there's Intacct, headquartered in Los Gatos, Calif., whose HR module permits users to create headcount budgets and track departmental expenses. Basically, it adds richness.
HR reaches out and touches everyone in the company.
Even non-accounting service companies are getting into the act. For instance, if the firm has offices in Florida and New York, the appropriate state employment regulations and forms will be available. The company's employee handbook, as well as state-specific competitive salary data, can also be accessed. Hosted HR isn't only suited to dot-coms and other startups, which need to conserve capital and don't want to have dedicated HR staffers, notes Andersen. It's a solution also suited to large enterprises with a lot of employee turnover, he argues.