CASE STUDIES
CASE STUDE 1
Reviewing processes and managing budgets – major retail organisation
Reviewing processes and ways of working is a continuous process but certain events such as system changes are catalysts for wholesale reviews.
Weekly payrolls are often labour intensive since the jobs are often hourly paid and so create high volume variable data. The introduction of online submissions of variable data reduced input costs and allowed more flexibility in timescales.
Use of the online submissions enabled the function to deliver a very cost effective seasonal weekly payroll delivering a better service to the stores and the employees.
Implementing online tax codes gave savings of 1.5 FTEs and negated the requirement to employ temporary staff to enter the tax code changes for the start of the tax year. Furthermore implementing online in-year filing for new starters and leavers enabled the new starter to be put onto the correct tax code within 3 weeks making a significant difference to the lower paid workers and seasonal temps.
Moving the weekly paid store and warehouse staff to monthly pay, with the exception of seasonal staff, also significantly reduced costs.
This allowed a reduction in budget year on year whilst maintaining a high level of service and compliance.
CASE STUDY 2
Payroll accounting and payments to 3rd party creditors Payroll Bureau
As part of the bid team for a large public sector contract was able to identify costs of £1.5m over the life of the contract in the way in which the accounting would be undertaken and the payments to third party creditors.
CASE STUDY 3
Expenses and Benefits – Major Retail Company
Having moved the expenses function from accounts into the payroll function to improve compliance and introduce a company wide expenses policy it was clear that the checking of the claims was extremely labour intensive and required high volumes of manual corrections.
The Payroll Management team decided to source alternative methods for the processing and payment of expenses that would be more efficient, reduce costs and increase compliance. A fully outsourced web based service was identified and following a pilot scheme amongst head office staff was implemented for the group and retail head office, warehouse and publishing staff covering more than 90% of the expense claims processed with a plan to roll out to the rest of the group over a period of time.
This delivered a saving of 1.7 FTE, improved compliance and VAT recovery, enabled employees to submit claims when on the road or traveling overseas, enabled managers to authorise claims when on the road or traveling overseas, claims were reimbursed within days of authorisation, receipts were accessible online. Managers were able to easily identify claims that were outside of policy and had greater visibility of costs.
There were no storage requirements for the claims and receipts.
Internal and external auditors were easily able to view claims and reports.
Data was readily available for the compilation of the P11Ds and the annual PAYE Settlement Agreement.
P11Ds could be produced from the system and are available online therefore there was no longer a requirement to produce paper copies for the employees and form is readily available to the employee when they are completing their SA return.
CASE STUIDES:
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