WHITEPAPER
Optimal payroll starts with the foundations
Laying the foundations for an optimal Payroll function.
Optimal payroll starts with the foundations – New whitepaper
Optimal payroll starts with the foundations
For many employees, payroll is about getting their payslip. But to deliver a world-class Payroll function that adds more value to the employee experience than just ensuring somebody is paid on time, requires effective management, critical especially when you have organisations managing global payroll data.
There are a myriad of compliance, data, regulation and other challenges that Payroll teams must navigate. Having worked with a number of organisations over many years across different industry sectors, with the help of feedback from our Payroll community, we have identified seven key pillars that ensure your Payroll function is optimised and performing to its best.
What’s in this whitepaper?
We’ve highlighted the key pillars in the latest whitepaper, which include:
- Operating model – How can you drive greater consistency and cross-functional collaboration across the end-to-end cycle while reducing operational risk?
- Technology – How do you leverage technology to reduce manual errors and automate repetitive tasks?
- Skills and capabilities – What are the skills required to navigate the changing role that the Payroll department plays?
- Data and reporting – What robust governance, processes and systems need to be put in place?
- Process optimisation – How can you streamline payroll processes through optimisation, standardisation and monitor performance?
- Adaptability and scalability – What does the Payroll team of the future need to do to ensure they are equipped for change as ‘business as usual (BAU)’?
- Training and mindset – How do you foster a culture of continuous learning?
Download the whitepaper
Download the whitepaper today for more on the seven pillars and set your Payroll function up for future success.
Authors and contributors
Chris Kirby
Chris joined LACE Partners in 2021 to lead our Payroll offering. He brings global experience in Payroll and HR transformation across 50+ countries, with a background in both operational leadership and consulting.
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