Solutions designed for financial services
Financial services industries we serve
Chosen by leading financial institutions
Built for the demands of financial institutions
UKG gives us a variety of technology that benefits our people
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Frequently asked questions
How can integrating human capital management (HCM) and time and attendance workforce management (WFM) solutions drive digital transformation and improve operational efficiency in financial services?
Bringing your HCM and workforce management solutions together helps financial institutions work smarter across the entire employee journey — from hiring and onboarding to scheduling, payroll, and performance. By automating manual processes and centralizing data, you reduce administrative burden and create space for higher-value work. Real-time insights help leaders make faster, more informed decisions, while streamlined systems improve accuracy and ensure compliance. This kind of integration that lays the foundation for digital transformation, helping your organization adapt quickly, operate more strategically, and stay competitive in a rapidly changing industry.
What role do WFM solutions play in ensuring compliance and reducing operational risks in financial services?
Compliance and risk management are critical in financial services. UKG HCM software offer the tools to track employee hours, manage schedules, and support adherence to labor laws and industry regulations — including the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Consumer Financial Protection Bureau (CFPB) guidelines. These capabilities help banks, credit unions, and other financial institutions minimize compliance risk, avoid costly penalties, and protect operational integrity. With real-time visibility into workforce activity and productivity, leaders can make faster, more informed decisions and allocate resources more effectively. By using these tools, your organization can stay ahead of evolving regulations while keeping day-to-day operations running smoothly.
How can HCM solutions help financial services organizations attract and retain top talent in a competitive market?
Attracting and retaining top talent is essential for staying competitive in financial services. UKG human capital management solutions help simplify and speed up hiring by automating tasks like job postings, resume screening, and interview scheduling — so you can find the right people, faster. Once hired, our tools support personalized onboarding, ongoing development, and performance management that recognizes employee contributions and drives engagement.
With built-in analytics, you gain visibility into employee satisfaction, performance, and growth potential — helping you identify and support high-potential talent. By using UKG HCM solutions, your organization can create a stronger employee experience, reduce turnover, and build a motivated workforce that’s ready to grow with your business in a constantly evolving market.
Why do I need HCM and payroll software?
Managing payroll in financial services comes with complexity from ensuring accuracy and compliance to supporting a dispersed, growing workforce. UKG payroll solutions help simplify these challenges by focusing on what matters most:
- Efficiency and Accuracy: Manually calculating payroll can be time-consuming and error-prone. Our payroll software automates calculations, reducing the risk of mistakes to ensure accurate paychecks.
- Compliance with Regulations: Our payroll software helps you adhere to labor laws, tax regulations, and reporting requirements, both domestically and globally. This helps you to avoid costly mistakes and penalties.
- Employee Satisfaction: Features like direct deposit and self-service portals empower employees to access their pay information conveniently, enhancing their overall satisfaction.
- Record Keeping and Reporting: Maintain detailed records for audits, tax filings, and historical data. Generate reports easily, including summaries of wages, taxes, and benefits.
- Integration with HR Systems: Our payroll solutions integrate seamlessly with other HR tools, such as time tracking, benefits administration, and attendance management.
- Scalability: As your financial services organization grows, managing payroll becomes more complex. Our software scales with your needs, accommodating additional employees and complexities.
- Security and Data Protection: Our payroll software ensures data security, safeguarding sensitive employee information.
With UKG HCM and payroll solutions, your financial services organization can manage pay efficiently, meet compliance needs, and support a positive employee experience — all in one secure, unified platform.
How does AI improve scheduling in financial institutions?
AI takes the guesswork out of scheduling by analyzing historical trends, real-time demand, employee skills, and compliance requirements. With improved access to data, your workforce can benefit from faster, smarter schedules that reduce coverage gaps, support better service, and give managers more time to focus on customers instead of spreadsheets.
Start solving for the future, today
Learn how our solutions are built with your financial services industry in mind. We can help you achieve a better work experience for all your people.