Netchex

Netchex

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Netchex is an HR solution that streamlines payroll, benefits, and performance reviews. By automating routine tasks and providing insights, it helps reduce workloads. Despite initial training needs, its intuitive interface and robust reporting make it invaluable. Netchex offers effective management of the complete employee lifecycle to support growing organizations.

Netchex Specifications

Employee Information Management

Recruitment and Applicant Tracking

Performance Management

Attendance and Time Tracking

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What Is Netchex?

Overview

Netchex is a cloud-based human resource (HR) software that allows organizations to streamline all aspects of employee management. It helps businesses efficiently handle payroll processing, benefits administration, time and attendance tracking, and other HR functions within a unified platform. The software encompasses a wide array of features, spanning from recruitment and seamless onboarding to robust performance reviews and comprehensive learning management capabilities. With its dedicated client support team, it aims to make HR processes easier through powerful yet user-friendly technology.

What Is Netchex Best For?

The HR solution enables you to manage the entire employee lifecycle from a single integrated platform. Netchex streamlines critical processes across the different stages of an employee's tenure, from recruitment and onboarding to performance reviews, learning and development, and offboarding. Having these tools centralized in one system provides visibility and productivity gains for both HR teams and workers.

Netchex Pricing

Netchex offers flexible pricing plans tailored to the needs and sizes of the business. With customized pricing options available, you can choose from the following packages:
  • Core
  • Connect
  • Comply
  • Complete

Netchex Integrations

The HR platform seamlessly integrates with a variety of third-party applications, including:

How Does Netchex Work?

Here is a step-by-step process of how to start using Netchex HR software after implementing the system and logging in:

  • Select ‘Employee Management’ from the main dashboard
  • Add a new employee by clicking ‘Add Employee' and entering their basic details like name, contact information etc.
  • Assign the new employee to a department or location and job title under your company
  • Upload any required documents for onboarding of new hires, like IDs, background checks, etc.
  • Enroll the employee in the company benefits by navigating to the ‘Benefits’ section. Select the applicable plans and enter the dependent details
  • Generate login credentials for the employee's self-service portal where they can access paystubs, update personal info etc. Send login details to the employee
  • Access the ‘Time Tracking’ module and allow employees to punch in/out using a physical time clock or web/mobile app
  • Configure the payroll schedule and run the pay cycle by entering hours worked, reviewing paychecks etc.
  • Track performance by creating goals, linking them to company values and scheduling reviews under the Performance module
  • Use the ‘Learning Management’ feature to assign mandatory training, track courses completed, and issue certificates
You can also schedule a free Netchex demo and learn more about its functionalities.

Who Is Netchex For?

Netchex provides HRM (Human Resources Management) solutions that can support businesses across various industries and sizes. The following are the industries that can benefit from this system:

  • Retail
  • Government
  • Manufacturing
  • Hospitality
  • Accounting

Is Netchex Right For You?

As companies expand their workforce, the burden and risks of manual HR processes increase substantially. Netchex provides significant value by streamlining the entire employee lifecycle from hiring to retirement. It saves HR time and costs through automated payroll processing, tax compliance, benefits administration, performance management, and more. Additionally, it takes data security seriously and keeps information safe using the latest encryption protocols, access controls and regular system updates.

Still not sure if this is what your business needs? Contact us at (661) 384-7070, and our team will assist you in making the best decision.

Netchex Pricing Plans

The Netchex cost varies depending on the needs and size of your business.

Netchex Features

Netchex handles all payroll processing, tax filing, and payments to various federal, state, and local tax agencies. It ensures accurate payments and compliance with continually changing tax laws. Netchex efficiently calculates payroll for all employees, generates paychecks or facilitates direct deposits, and ensures accurate tax deductions in compliance with withholding rules.

It allows employees to clock in and out from computers, biometric or physical time clocks easily. Managers can efficiently approve timesheets from any device, making the applicant tracking system hassle-free. Moreover, it seamlessly integrates diverse systems for a holistic view of work hours and paid time off. Accurate time tracking ensures compliance and expedites the payroll processing workflow.

The performance management functionality streamlines the review process. It empowers the employees to set goals and track progress regularly. With the help of periodic reviews and real-time feedback, employees can enhance their productivity. This platform allows managers to reward high achievers with incentives to keep them engaged and productive through performance-based bonuses.

This enables businesses to empower their workforce by offering them the flexibility to enroll in health, dental, and other plans conveniently from any device, whether during open enrollment periods or in response to life events. Easily update personal and dependent details, including beneficiaries, while providing access to up-to-date benefits statements through the mobile-friendly portal for enhanced transparency.

The software offers real-time insights through reporting and analytics. The interactive dashboards analyze payroll expenditure, benefits usage, turnover, demographic attributes, and performance metrics with just a few clicks. It will allow administrators to access critical data to optimize budgets, improve retention, and make strategic HR decisions from anywhere and at anytime.

Pros and Cons of Netchex

Pros

  • Fully integrated HR solution
  • Intuitive interface
  • Robust reporting and analytics
  • Reduced administrative workload

Cons

  • Initial training might be required
  • A few areas in payroll can be made flexible, according to some Netchex reviews

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Frequently Asked Questions

Yes, Netchex has an API available for use.

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