Optimal Accounting for Payroll

The collection of payroll data and its conversion into paychecks is highly labor-intensive and beset by recordkeeping errors. In Optimal Accounting for Payroll, we describe the techniques that can be used to convert this deeply inefficient process into one of the most efficient cost centers in a company. The guide focuses on such areas as improvements to the timekeeping system, changes to the payroll cycle, streamlining payroll deductions, and altering the system of payroll measurements.