Percentage of time records that are entered manually into the payroll system

This measure calculates the percentage of time records that are entered manually into the financial system that calculates employee wages based on factors such as taxes, vacation, salary, and withholding amounts. A time record is a single line item on an individual employee's time sheet/card during the course of a single time/payroll period that is assigned distinct coding for application to appropriate budgets, projects, etc. This measure is part of a set of Process Efficiency measures that help companies optimize their "report time" process by minimizing waste and refining resource consumption.

Benchmark Data

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Measure Category:
Process Efficiency
Measure ID:
104488
Total Sample Size:
729 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
No

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Compute this Measure

Units for this measure are percent.

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Percentage of time records entered manually

Key Terms

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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.

Measure Scope

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Cross Industry (7.3.1)

  • 9.5.1.1 - Establish policies and procedures (10853)
  • 9.5.1.2 - Collect and record employee time worked (10854)
  • 9.5.1.3 - Analyze and report paid and unpaid leave (10855)
  • 9.5.1.4 - Monitor regular, overtime, and other hours (10856)
  • 9.5.1.5 - Analyze and report employee utilization (10857)