CCC Launches CCC® Payroll to Streamline Payroll Management for Collision Repair Shops
04 September 2024 - 2:00PM
Business Wire
New Solution Enables Shops to Track Production
and Labor and Streamline Payroll Together in the CCC ONE®
Platform
CCC Intelligent Solutions Inc. (CCC), a leading cloud platform
powering the P&C insurance economy, announces today the launch
of CCC® Payroll, a new solution designed to streamline payroll
management for collision repair shops. Integrated into the CCC ONE®
platform, CCC Payroll enables shops to track production and labor,
and streamline payroll within a single system, simplifying the
payroll process from start to finish and giving employees greater
visibility into how their pay is calculated. The payroll services
will be managed by Check, the leading payroll platform that
pioneered the ability for companies to differentiate and open up
new revenue streams by embedding payroll into their platforms.
Designed specifically for repair shops, CCC Payroll supports the
unique compensation structures of the collision repair industry,
such as flat-rate, commission, and hourly pay. The solution
streamlines payroll processing and related activities throughout
each pay period. Labor data from CCC ONE combines with Repair Order
(RO) tracking to generate precise, transparent calculations for
each staff member as well as real-time pay tracking via mobile
application. This allows technicians to see how their work on each
job directly impacts their paycheck, offering greater clarity. This
transparency can help build trust and retain employees, a critical
issue for an industry facing ongoing labor shortages. Key features
tailored to the collision industry include digital pay corrections,
compliance maintenance, and general ledger management.
“Payroll management in the collision repair industry is complex
with unique challenges that generic solutions often fail to
address,” said Mark Fincher, vice president of product management
at CCC. “CCC Payroll is purpose-built for collision repair to
simplify this process while enhancing transparency and trust within
the shop.”
Key features of CCC Payroll include:
- Integration with CCC ONE: Provides a unified system for
managing labor, production, and payroll, reducing potential errors
and the need to export data.
- Real-Time Pay Data: Allows technicians to view RO-level
pay and hour data in the CCC ONE Mobile App in real-time,
increasing understanding of paycheck details.
- Data-Driven Insights: Supports management of the general
ledger and compliance, while also providing alerts to potential
payroll processing errors.
- Payroll Services: Helps process payroll accurately and
on time, cut checks, and manage cash flow.
“Labor shortages continue to challenge the collision repair
industry, and one of the key contributors to retention issues can
be friction in the payroll process,” added Fincher. "CCC Payroll
addresses these challenges by streamlining payroll management and
giving technicians clear and immediate access to their earnings
information, which helps build trust and satisfaction, ultimately
supporting a more stable workforce."
CCC Payroll is available to CCC ONE users. For more information,
visit cccis.com/payroll.
About CCC
CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC
Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), is a leading
cloud platform for the multi-trillion-dollar P&C insurance
economy, creating intelligent experiences for insurers, repairers,
automakers, part suppliers, and more. The CCC Intelligent
Experience (IX) Cloud™ platform, powered by proven AI and an
innovative event-based architecture, connects more than 35,000
businesses to power customized applications and platforms for
optimal outcomes and personalized experiences that just work.
Through purposeful innovation and the strength of its connections,
CCC technologies empower the people and industry relied upon to
keep lives moving forward when it matters most. Learn more about
CCC at www.cccis.com.
Special Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are
based on beliefs and assumptions and on information currently
available. In some cases, you can identify forward-looking
statements by the following words: “may,” “will,” “could,” “would,”
“should,” “expect,” “intend,” “plan,” “anticipate,” “believe,”
“estimate,” “predict,” “project,” “potential,” “continue,”
“ongoing” or the negative of these terms or other comparable
terminology, although not all forward-looking statements contain
these words. These statements involve risks, uncertainties and
other factors that may cause actual results, levels of activity,
performance or achievements to be materially different from the
information expressed or implied by these forward-looking
statements. Forward-looking statements in this press release
include, but are not limited to, statements regarding future use
and performance of CCC’s digital solutions. We cannot assure you
that the forward-looking statements in this press release will
prove to be accurate. These forward-looking statements are subject
to a number of risks and uncertainties, including, among others,
competition, including technological advances and new products
marketed by competitors; changes to applicable laws and
regulations; and other risks and uncertainties, including those
included under the header “Risk Factors” in CCC’s filings with the
Securities and Exchange Commission (“SEC”), including the Form 10-K
filed February 28, 2024, which can be obtained, without charge, at
the SEC’s website (www.sec.gov). The forward-looking statements in
this press release represent our views as of the date of this press
release. We anticipate that subsequent events and developments will
cause our views to change. However, while we may elect to update
these forward-looking statements at some point in the future, we
have no current intention of doing so except to the extent required
by applicable law. You should, therefore, not rely on these
forward-looking statements as representing our views as of any date
subsequent to the date of this press release.
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CCC Media Contact: Laura Weber lweber@cccis.com |
773.960.7144
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