Business Case for Changing Payroll
When considering building a business case for a new payroll solution, it might first be beneficial to consider the ramifications of not doing so. The risks associated with inadequate or non-compliant payroll design is the stuff of nightmares for CEO’s and CFO’s alike. No-one wants to be the organisation that makes news headlines due to payroll disasters. But it has happened, both to high profile organisations, such as the Ministry of Education in New Zealand, or Queensland Health, and smaller companies alike. In these cases, significant investments were made in poorly specified or implemented payroll systems that did not deliver a Return on Investment. Indeed, they were likely to have cost themselves and their providers significantly more than expected, without delivering fully functional systems as a result.
When cast against the backdrop of what can go wrong and the potential impact on company reputation, the importance of developing and presenting a winning business case for a new payroll becomes clear and paramount.
As CEO of Australian Payroll Association, Tracey Angwin has collected many labels and accolades over the past two decades. ‘Thought Leader’, ‘bestselling author’, ‘media commentator’ and ‘keynote speaker’ are just a few of them. She is sought out for her commentary and guidance on all topics payroll, from the challenges of today to tomorrow’s trends.
Tracey sees payroll as a critical function that, when done right, leads to high performing and motivated teams. Her mission is to make sure employers make the same connection.
Tracey’s commitment to industry excellence has led to the creation of nationally accredited Certificate and Diploma payroll qualifications. As part of the Australian Qualifications Framework, she’s ensured that new standards of professionalism will be bedded down, industry wide, and that talent will see payroll as an attractive career option. The payback to employers is a guarantee of quality and a dedicated place at the table for payroll professionals.