Payroll Analytics & Benchmarking: Optimizing Performance & Reducing Costs

Optimize Payroll Processes, Reduce Costs, and Drive Efficiency

As technology advances, payroll professionals are expected to take on a more analytical role, developing strategies to measure payroll department performance, reduce errors, and deliver a first-class payroll experience. This exclusive webinar by Dayna Reum, CPP, FPC, is designed to equip payroll professionals with the tools and techniques to improve processes, optimize costs, and implement industry benchmarks for success.

Why Attend?

• Learn how payroll best practices have evolved to meet modern business needs.
• Gain insights into different types of industry benchmarks and their impact.
• Discover how to start a payroll benchmarking program step by step.
• Understand the importance of data security and compliance in payroll analytics.
• Develop key payroll performance indicators (KPIs) to showcase payroll efficiency to leadership.

Webinar Objectives

Payroll professionals must be able to analyze processes, measure results, and build payroll analytics that provide meaningful insights for senior leadership. This webinar will help you:

• Understand how to assess payroll processes and build performance benchmarks.
• Learn how to analyze payroll costs and communicate effectively with leadership.
• Implement best-in-class payroll practices to improve efficiency and reduce costs.

Webinar Agenda

• Payroll Best Practices & Industry Evolution
• Understanding Industry Benchmarks & How to Use Them
• Step-by-Step Guide to Benchmarking Your Payroll Department
• Process-Based vs. Data-Based Benchmarking: Key Differences
• Identifying & Implementing Best-in-Class Payroll Practices
• Determining What Payroll Processes to Measure & When
• Breaking Down Silos & Their Impact on Business Efficiency
• Exploring Various Data Collection Methods for Payroll Analytics
• The Role of Customers in Benchmarking & Process Improvement
• Communicating Payroll Analytics & Performance Metrics to Leadership
• Building Payroll KPIs & Preparing Your Organization for Data-Driven Decision Making
• Ensuring Data Security in Payroll Analytics

Who Should Attend

• Payroll Professionals & Managers
• HR & Finance Executives
• Business Owners & Operations Managers
• Anyone looking to enhance payroll efficiency & compliance