Payroll: What is the Staff Requirement?

 

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A new review of payroll processing benchmarks from APQC’s Open Standards Benchmarking® database suggests that it may be time to take a fresh look. The focus here: the overall process group and its three underlying processes: “report time,” “manage pay,” and “process payroll taxes.” The metrics involve the percentage of finance function full-time equivalents (FTEs) allocated to payroll work.

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