In this video we talk to Chris Kirby from the LACE Payroll team to give us a short synopsis on our whitepaper – Optimal payroll starts with the foundations – that digs into the key pillars that exist, based on our experience of multiple client projects over the years, to deliver a world-class Payroll function.
- How can you drive greater consistency and cross-functional collaboration across the end-to-end cycle while reducing operational risk?
- How do you leverage technology to reduce manual errors and automate repetitive tasks?
- What are the skills required to navigate the changing role that the Payroll department plays?
- What robust governance, processes and systems need to be put in place?
- How can you streamline payroll processes through optimisation, standardisation and monitor performance?
- What does the Payroll team of the future need to do to ensure they are equipped for change as ‘business as usual (BAU)’?
- How do you foster a culture of continuous learning?
Chris provides a quick overview of why we wrote the paper (which you can download using the above link), as well as the key things Payroll teams need to think about when thinking about taking their function to the next level.
Interested in getting more? You could also check out our podcast on this subject here.
