What is Zenefits and how does it work?

Zenefits (now TriNet Zenefits) is a comprehensive HR platform that automates payroll, benefits, compliance, and employee management for small and medium-sized businesses. The integration with Abacum connects your workforce data with financial planning, enabling finance teams to incorporate real-time HR metrics into budgets, forecasts, and strategic decisions.

Benefits of Zenefits Software and Abacum Integration

• Sync employee headcount, compensation, and benefits data directly from Zenefits to Abacum for accurate workforce planning and cost modeling

• Automate the flow of payroll expenses, including salaries, taxes, and benefits costs, into your financial forecasts without manual data entry

• Build dynamic headcount plans that automatically update based on actual hiring, terminations, and role changes tracked in Zenefits

• Analyze compensation trends, departmental costs, and workforce efficiency metrics by combining HR and financial data in unified dashboards

• Eliminate reconciliation errors between HR records and financial systems through automated, real-time data synchronization

• Enable scenario planning for workforce expansion, reorganizations, or compensation adjustments with accurate, up-to-date employee cost data

• Generate board-ready reports that seamlessly blend workforce analytics with financial performance metrics for comprehensive business insights

• Reduce monthly close time by automatically importing payroll journal entries and accruals from Zenefits into Abacum's planning models