The payroll function handles high transaction volumes for repeatable activities making it a great target improvements in accuracy, efficiency, and productivity. And as a cost center, these improvements can have a direct impact on an organization’s bottom line. Best in class Payroll metrics can highlight the areas in the payroll function that can benefit from automation, process improvements, and employee training. What is a Payroll Metric? The payroll function is responsible for more than just issuing paychecks to employees. Payroll departments interacts with other business functions; keeps track of…
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