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Payroll Analytics: How Data Can Get Support from your C Suite for Payroll - 05-22-26
$29.95 $29.95
| Payroll Analytics: How Data Can Get Support from your C Suite for Payroll |
Date: 5-22-26
Time: 3:00 PM – 4:00 PM EST
CPE Credit: 1 hour
As technology has advanced the skill set of a payroll professional has changed. Payroll is being asked to be more analytical and develop more ways to measure the performance of the payroll department. Payroll Professionals are being asked to take more time to improve processes and save money for companies to perform those processes. Along how to reduce errors and delivery a first-class payroll to employees. Because of this it is becoming more critical for payroll professionals to have the skills to be able to analyze a process and build standards on how those processes are functioning. Not only understanding a process but being able to measure results within industry standards and develop payroll analytics that tell a story to senior leaders on the payroll cost and performance.
Learning Objectives:
- Payroll best practices how they have evolved
- Discuss in detail different types of industry benchmarks
- Step by step process on how to start a benchmarking program for your department
- Learning the difference between process based and data based benchmarking
- How to determine best in class practices
- Learning how to determine what processes to measure and when
- What are silo’s and how they hurt your business
- Details of all different types of data collection methods
- The importance of customers on your benchmarking program
- Different types of customers to evaluate in your process improvement program
- Effective communication to senior leadership
- KPI Build and how to prepare your organization to support them
- Data Security
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