South African Payroll Association Presentation
12
Analytics on Payroll can help your Business shape Future Strategy
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Is it time for HR & Payroll to evolve from a "collect and report on spend type role" to a more strategic role in assisting to create and align a smarter worforce to company goals.
Transcript of South African Payroll Association Presentation
Analytics on Payroll can help your Business shape Future
Strategy
• Assist Business to get Smarter about Workforce
• Align Payroll Spend to Organisational Strategy
• Secure, Protect and Share Critical Payroll Information across business
• Analyse and Align to meet Compliance & Risk
Role of Payroll Department
• Collect and Report on Information
• Report on Spend
Its time for HR & Analytics
Slide by HR and Workforce Analytics Innovation summit 2013
• Payroll & HR Systems designed around input• Data difficult to access• Technology expensive and difficult to use
• Excel Chaos• Limited skills• Information unsecured• To long to implement
• Limited Technology Spend assigned to Payroll Department
Reporting versus #Analytics• Find Data and Produce Report• Large amounts of time spent
gathering & sorting data for business
• Report after its happened (end point)
• Suitable for Operational Reports • Takes time to generate
• Data turned into Information • Easily accessible & immediately
available• Analyse information at anytime• Available for more people to use• Single source of data and version
of truth
Reports substantiate Business Decisions
Information improves Business Decisions
Reporting versus #Analytics
Response Time
+High-Slow
Fast Low
Data Complexity
ERP
Underlying Data Source
Reporting SolutionView Data onlyCube
Data Warehouse
Analytics
Interact & Analyse Data
ERP
Underlying Data Source/s
Other
Analytics provides..
• “Decision-making tool”
• Interact with information
• Single version of Truth
• Information is Pervasive
• Data-warehouse critical
Decision Making Process
Data
Information
WisdomDecision
Action
5 Ways #Analytics can help you
Save Time & Reduce Reporting Burden
Make Better Decisions on your Payroll Costs
Boost Productivity & Accountability (Visibility)
Mitigate people risk & create business capability
Analyse and monitor key Payroll indicators
Introducing Business Analytics for VIP Payroll
Product: Business Analytics for Payroll
• Sophisticated Analytics & Reporting Solution• Secure and Pervasive• Built for Sage VIP Payroll• Connect other Data Sources• Out-of-the-Box Measures, Models & Dashboards• Leverages existing Microsoft Software• Up in Hours – Immediate ROI• No Training
A case in Point: Eqstra Holdings Ltd
Business Situation:• Significant growth in business (over 10 000 staff)• Limited visibility through static reporting• No consolidation, 35 different companies• Didn’t know what they, didn’t know
Points to Highlight:• Able to
– identify areas where savings could be achieved– Streamline budget for Fiscal, by understanding pay increase
trends– Balance the workforce better, by analysing different allowance
types– Review and Track intercompany movements in the workforce
Karabina helped us gain insight into employee behaviour, payroll trends and employee movements. Specifically of importance to us was to understand the split between overtime spend and normal hours. With this insight, we have managed to better balance our workforce resulting
in a more even payroll spend and healthier, happier employees” – Newton Weideman - Group HR and Transformation Executive
Thanks for your time, please come chat to us at our stand, or access our website for a free
whitepaper www.karabinasoftware.com
+2711 463-8155
http://www.karabinasoftware.com
http://www.linkedin.com/company/karabina-software
http://www.youtube.com/karabinasa
http://twitter.com/karabina
