Category

Finance

6 payroll performance metrics you need to be tracking

By | Finance, Payroll, Statutory Sick Pay | No Comments

In a world where numbers and metrics determine success, it’s essential to develop and track key performance indicators (KPIs) to show that business objectives are being achieved efficiently. Organisations use high-level KPIs to focus on the overall performance of the business. Meanwhile, low-level KPIs are prominently used to target processes in different departments such as finance, payroll and HR. Whether you’re a standalone employee or part of a larger payroll team, these performance metrics will provide you with the knowledge to track the success of key business objectives, ensure payroll resources are distributed correctly and help support your employees. What…

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is payroll finances responsibility

Should payroll be finance or HR’s responsibility?

By | Finance, HR Software, Human Resources, Payroll | No Comments

Across many organisations, payroll is undoubtedly a highly valued function, yet one burning question is yet to be unanswered in the minds of HR and finance professionals. This question continues to be a topic of much debate with some people thinking payroll should reside within the HR function, others believing it should sit within finance. In Deloitte’s most recent payroll operations survey, they targeted experienced professionals in a wide range of industries who lead or are directly involved with payroll operations. The companies ranged in size from 1,000 to 50,000 employees tend to have their payroll services lead by finance,…

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