College Finds Savings in Improving Payroll Process
Each month, members of Finance and Human Resources would spend over 40 hours verifying each payroll record prior to running payroll. This labor intensive process cost too many personnel hours on both people-constrained departments.
ProjectLead interviewed team members from both departments and documented the "As Is' of the current process.
ProjectLead facilitated a cross-functional team to identify root causes of the lengthy review process and brainstorm possible alternative solutions for improvement.
ProjectLead met with department heads and executive management on-going throughout the process to maximize the learning experience for the organization.
RESULTS
Reduced Labor Costs
By focusing on doing things right the first time, this manual review process was shortened from 30 hours per pay period to 4 hours.
Reduced Non-Value-Added Tasks
Key payroll team members were able to eliminate manual transaction checking and focus on higher level exception issues.
Better Cross-Functional Teamwork
Finance and Human Resources began to work together better than ever before.
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