
Payroll Cost Reduction through Process Improvement
Executive Alliance Consultants help Clients reduce Payroll Costs by improving the Effectiveness of Payroll Operations. Specifically, we show clients how to maximize their investment in people and technology by applying a unique systems approach to the assessment of Payroll processes and technology. When our versatile team of highly regarded industry experts use our proven methodologies and tools to align processes with technology, the results are impressive! Read below to learn more about Our Approach and see the Real Savings our clients have achieved in previous engagements.
The Challenge
The Payroll function is complex and difficult to manage, requiring a multitude of skills and knowledge in the areas of payroll administration, human resources, finance, technology and management. Although organizations derive no competitive advantage from payroll activities, the function is still critical to business operations. A poorly managed payroll creates disruptions that significantly reduce employee morale and productivity. It is therefore imperative that payroll departments consistently produce paychecks that are timely and accurate, without consuming excessive resources in the process. Establishing a well-run payroll function is not a simple task. Some of the key challenges faced by payroll management are:
- Eliminating waste and errors to ensure that that payroll services are cost-effective and efficient.
- Balancing the dual roles of transaction processor and customer service provider.
- Attracting, retaining and developing highly competent payroll professionals.
- Maintaining compliance with changing government regulations.
- Determining what payroll functions, if any, to outsource
Our Approach
Our versatile team of highly regarded industry experts helps clients to maximize their investment in people and technology. Using our proven methodologies and tools, we will help improve performance by aligning processes with technology to meet your Benefits strategy. Our Payroll services include strategic planning, process improvement, technology improvement, implementation, and project management.
Our Services cover all aspects of Payroll including:
- Deduction Processing
- Garnishments
- Pay Processing – On/Off Cycle, Retro
- On Line Checks
- Account Distribution
- Commitment Accounting
- G/L
- Check Distribution
The Results
We have a strong track record of delivering results. We are proud that 98% of our engagements have resulted in identified cost savings valued up to 10 times the client's initial investment. Over the past 5 years, 95% of our payroll assessments were completed within 30 days of being hired by the client. In situations where our firm is asked to review a client's payroll activities, we have the following success rate:
| Savings Opportunity | % of Engagements Where EA Found Savings Opportunity |
| Eliminate employee overpayments | 96% |
| Reduce errors and processing delays | 80% |
| Identify undetected fraudulent activity | 38% |
Let us show you how Executive Alliance can help your Company improve Payroll Quality and Reliability. Click on the button below to request more specific information or to contact Bill Larkin, Principal Consultant. We can also recommend vendors who provide specific Human Capital Management software or services. Thanks for visiting our website - we look forward to hearing from you. Kevin Mallett, President & CEO.










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