Experian Wins 2025 HR Tech Award for Tax Withholding Solution
The recognition marks the second consecutive year Experian has received this prestigious award, highlighting its commitment to innovation and excellence in HR technology. Last year's Verification Fulfillment award recognized Experian's solution to help employers fulfill inbound verification requests seeking employees' employment and income information.
'Our solution is designed to address challenges employers face in tax withholding so they can streamline processes and better serve their employees,' said Anne Obee, vice president of Experian Employer Services. 'This award from Lighthouse Research & Advisory exemplifies our commitment to provide employers with best-in-class solutions that alleviate the administrative burden of tax withholding and compliance so employers can meet the critical responsibility of timely and accurate paychecks to their employees.'
Accurate tax withholding is a vital function for employers, yet they often face several challenges in effectively managing the process, including:
Complexity and compliance: Navigating over 7,000 tax jurisdictions in the U.S. requires extensive knowledge and constant updates to ensure compliance.
Timeliness: Capturing initial and ongoing tax withholding needs accurately and sharing this data securely with appropriate technology platforms is crucial to avoid missing payroll deadlines.
Employee Experience: Providing a smooth, self-service method to collect withholding information, available in multiple languages and accessible 24/7, is essential.
Flexibility: Accommodating employees' evolving life situations, such as changes in life status or location, is necessary for a seamless process.
Experian's award-winning Tax Withholding solution is designed to address these challenges by simplifying the complex process while supporting accurate and timely tax withholding. Experian's subject matter experts have decades of expertise in workforce compliance, and its solution is easy to use, secure and accessible at any time in multiple languages.
'Taxes. It's a topic that makes many people cringe, because the topic is complicated and difficult to understand,' said Ben Eubanks, Chief Research Officer at Lighthouse Research & Advisory. 'Good thing there are organizations like Experian making it easy for employers to withhold taxes in an accurate and timely manner. Their solution supports 7,000 distinct tax jurisdictions, helping employers and the workforce to stay on top of this critical component of payroll and life.'
Lighthouse Research & Advisory presented Experian with the award at the annual UNLEASH America Conference in Las Vegas. During the event, Brian Elfrink, director of product management at Experian, and Gordon Middleton, compliance intelligence manager, participated in two speaking sessions that focused on the intricacies of tax withholding as well as the challenges of workforce compliance and how Experian's solutions help businesses stay compliant with various regulations.
To learn more about Experian's Employer Services business, visit: https://www.experian.com/employer-services/.
About Experian
Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software. We also assist millions of people to realize their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.
We invest in talented people and new advanced technologies to unlock the power of data and innovate. As a FTSE 100 Index company listed on the London Stock Exchange (EXPN), we have a team of 22,500 people across 32 countries. Our corporate headquarters are in Dublin, Ireland. Learn more at experianplc.com.
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