What is Justworks and how does it work?
Justworks is a comprehensive HR technology platform that simplifies payroll, benefits, compliance, and HR management for growing businesses. As both a Professional Employer Organization (PEO) and payroll service provider, Justworks handles complex administrative tasks so companies can focus on growth.
The platform streamlines employee onboarding, automates payroll processing, manages benefits administration, and ensures compliance across multiple states.
Benefits of Integrating Justworks with Abacum
Automate headcount planning and forecasting by syncing real-time employee data, compensation details, and departmental structures from Justworks directly into Abacum's planning models
Eliminate manual payroll data entry with automated transfer of salary, benefits, and tax information, reducing errors and saving hours of finance team time each month
Create accurate personnel cost projections using actual compensation data, benefits costs, and historical trends to build reliable workforce budgets
Sync employee demographics and departments to enable detailed cost allocation, departmental P&Ls, and granular expense analysis across teams
Accelerate month-end close by automatically importing payroll journal entries and accruals, ensuring financial statements reflect current workforce costs
Build dynamic scenario plans for hiring, restructuring, or compensation changes with real-time data on current workforce composition and costs
Track key workforce metrics including headcount trends, compensation ratios, and benefits utilization alongside financial KPIs in unified dashboards
