Percentage of payroll disbursements that are manual checks/payments
This measure calculates the percentage of payroll disbursements that are manual checks/payments. A payroll disbursement is a transfer of funds from the payroll department to an employee, including all payment methods (e.g., paychecks, direct deposits, manual checks, etc.) and types. This measure is part of a set of Process Efficiency measures that help companies optimize their "manage pay" process by minimizing waste and refining resource consumption.
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Compute this Measure
Units for this measure are percent.
Percentage of payroll disbursements that were manual cheques
Key Terms
Process efficiency represents how well a process converts its inputs into outputs. A process that converts 100% of the inputs into outputs without waste is more efficient than one that converts a similar amount of inputs into fewer outputs.