Payroll: The Number of Dedicated Staffers

 

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Chances are, many CFOs, controllers, and finance managers would say that their payroll processing, as a whole, is cost-effective, efficient, and timely. They’d probably also say that the three underlying processes—“report time,” “manage pay,” and “process payroll taxes”—deliver the level of service quality needed to keep internal business customers happy.

A new review of benchmarks from APQC’s Open Standards Benchmarking® database suggests that it may be time to take a fresh look.  Here we focus on the overall process group and its three underlying processes. 

 

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