Hospitality Net

Infinium Human Resources and Payroll 10.0 provides customers in the hospitality and healthcare industries the unique tools they need for their regulatory compliance and flexible employee management. At the same time, this release helps companies in all industries have a more complete view of their employees, streamlines benefit plan administration, and improves integration throughout the organization.

Infinium is the first enterprise software vendor to provide an integrated tips calculation and reporting solution, including functionality that supports a customer's Tip Rate Determination Agreement (TRDA) requirements. Any employer who has entered into a TRDA with the IRS can utilize this solution to significantly streamline employee tip calculation and IRS reporting. This solution also allows employers to easily identify and track those employees who have signed a Tipped Employee Participation Agreement (TEPA).

"Infinium Tips Compliance is an efficient, easy-to-use solution for automating tips processing," said Elise Weatherly, Payroll Manager at the Eldorado Hotel & Casino in Reno, Nevada. "The solution offers us built-in functionality and versatility, which will eliminate a large percentage of our custom, in-house programs. This, in addition to the new Multiple Payroll Positions solution, is just what we need to comply with IRS regulations per our Tips Compliance Agreement."

Infinium Human Resources and Payroll 10.0 introduces a new solution for tracking and paying employees who hold multiple positions within an organization. This flexible solution is particularly important for hospitality, gaming, and healthcare companies where employees often have multiple positions, pay rates, and tax requirements within a single payroll cycle.

Infinium Human Resources and Payroll 10.0 provides a new unified way of maintaining employee information. This solution gives employers in all industries a more complete, timely view of their employees by allowing them to easily configure a single location to manage each employee's information.

Infinium Human Resources and Payroll 10.0 introduces a redesigned Benefits Administration solution. This redesigned solution significantly enhances the tracking and history of dependents and beneficiaries. Through improved plan- type handling, this enhanced tracking is done with dramatically less administration and maintenance.

"Infinium Human Resources and Payroll is a reliable, comprehensive solution that allows organizations to manage and motivate their workforce, minimize administrative tasks, and empower HR to play a more strategic role in an organizations' overall success," said Cory A. Eaves, Vice President of Product Management at Infinium. "Human Resources and Payroll 10.0 is a significant step forward for Infinium. This release demonstrates our commitment to enhancing the quality and functionality of our core products, while, at the same time, improving our industry-specific solutions."

Infinium is a provider of Web-integrated enterprise business solutions optimized for the IBM eServer iSeries that include: human resources, payroll, financial management, customer relationship management, materials management, process manufacturing, and corporate performance management offerings, related professional services, training and support. Infinium has 1,800 customers worldwide representing a variety of industries including: manufacturing, hospitality and gaming, healthcare, transportation, retail, financial services and distribution. Founded in 1981, Infinium has offices worldwide and is headquartered in Hyannis, Massachusetts. For more information visit www.infinium.com.

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