Christine L. Avery
May 9, 2024
Measure Operational Success With PayrollOrg’s Analytics Courses
Data drives everything, including payroll. The data that payroll is responsible for drives business results across the entire organization. Today, every payroll staff member is accountable for understanding and interpreting that data. Through payroll analytics you can strategically provide valuable insights that contribute positively to the organization’s bottom line. PayrollOrg offers two analytics courses to get you ready to understand and use analytics to benefit your organization.
Foundational Course
The Foundations of Payroll Analytics course will help you demonstrate dynamic leadership, leverage the value of data, identify trends for process improvements, and measure real success in your payroll operations.
“Our firm has been transitioning to a more data-driven environment, and I have been asked to provide much of the data,” said Karen Estes, CPP, Senior Payroll Administrator, Neal, Gerger & Eisenberg LLP. “This course has helped me better understand the how’s and whys and what is the best data that I can provide to drive the results.”
During this course, attendees will learn the following:
- Types of business analytics and methodologies
- How to overcome barriers to using analytics
- How to use analytics to detect and prevent payroll fraud
- How to construct a step-by-step benchmarking plan
- How to demonstrate the value of payroll analytics to an organization
Offered in person August 19-21 at MEET Las Vegas or as an interactive virtual classroom July 15-26 or September 23-October 4, attendees can earn up to 18 RCHs, 1.8 CEUs, or 21.5 CPE credits.
“This course takes payroll analytics beyond just a definition and metrics to a place where objectives, enhanced by the data, can be covered from insights to action and positive change,” said attendee Catherine McCoy, HR/GL Payroll Specialist at the University of Colorado.
Intermediate Level
The Intermediate Payroll Analytics program builds on the foundational course to help you learn how to leverage the data in your payroll department to positively impact your organization’s bottom line. This course will help you demonstrate the importance of analytics overing timekeeping and operations. Additionally, analytics can be used during the payroll process to assist your organization in creating an error-free payroll. These analytics can supply the data for your payroll department's key performance indicators so you can track performance.
During this course, attendees will learn how to:
- Recognize analytic best practices, including governance, benefits of a data warehouse, and organizational readiness
- Identify data best practices for your organization, including privacy, security, cyberattack protection, and data literacy
- Develop timekeeping analytics to reduce the number of off-cycle payments
- Improve the timeliness and accuracy of the payroll process through analytics by reducing the number of errors, underpayments, and overpayments
- Develop payroll operational analytics to show trends in payroll costs
- Use payroll key performance indicators to set and track performance objectives
This course is available as six half-day interactive virtual sessions starting in September. Attendees can earn up to 18 RCHs, 1.8 CEUs, or 21.5 CPE credits. Learn more and register today.
Download the customizable “Convince Your Boss” template that can help you show your organization all that this course can do if you attend.
Christine L. Avery is Director of Membership Publications for PayrollOrg.