Payroll Benchmarking : Cut Costs, Improve Efficiency Webinar
Instructor: Vicki M. Lambert
Duration: 90 Minutes
Time: 10:00 AM PST | 01:00 PM EST
This webinar covers how to set up and benchmark payroll processes in order to weaken ineffectual processes and strengthen effective ones while improving the department´s efficiency.
Benchmarking is a management or business technique that is designed to uncover information that will help a department to improve its efficiency and subsequently cut costs. It allows a company or a department to verify the performance of its processes in order to distinguish effective practices from less effective practices.
But can this business technique be applied to the payroll department? Of course it can. Any business process can be benchmarked and improved and that includes payroll. Payroll departments are subject to cost controls and must always see ways to improve performance and cut costs while still maintaining compliance.
Why Should you Attend:
Attend this 90 minute presentation to understand how to set up and benchmark payroll processes in order to weaken ineffectual processes and strengthen effective ones while improving the department´s efficiency.
Objectives of the Presentation:
The objectives of the presentation are to cover topics like:
- What is benchmarking
- How does it apply to payroll
- Why it should apply to payroll
- How to establish a benchmarking program for your payroll department
- Common benchmarking mistakes
- Myths about benchmarking
- How to incorporate your findings to make it all worthwhile