Solutions/Case Studies/Incentive Compensation Web Portal
SynCo recently developed an incentive compensation Web portal that is designed to accommodate many varied elections related to payroll, executive compensation and stock option exercises for thousands of employees. The new process replaces earlier voice recognition systems (VRUs), enhancing process ease of use, quick entry and instant return of data. Features of the Web portal product include: user verification and password protection with various security levels; account balance and funds availability verification; display of data and election forms specific to individual qualifications; integration with back-end processing systems; electronic transmission of election forms; data sensitive to timing of election periods; automatic generation of "tickler" reminders to undecided employees; and audit trails of all query, input and modifications.

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