Workforce Mismanagement is Expensive
Digital Solutions for 7 Common Workforce Problems That Affect an Organisation’s Bottom Line
An organisation’s largest expense is almost always its workforce.
In fact, studies show that 40-80% of an organisation’s gross operating revenue is spent on employees.
With such a large expense to operate the business, there is no room in the budget to deal with the endless and expensive perils of workforce mismanagement, including:
- Miscalculations
- Unnecessary overtime
- Time consuming, inefficient processes
- Noncompliance risks
- Penalty fees
An organisation’s largest expense is almost always its workforce. In this eBook, you’ll find the 7 most common workforce management problems finance professionals encounter—and how to solve them for good.
Whether you’re a CFO or a Payroll Manager, there is no denying employee expenses are a top priority for any business—below are the 7 most common workforce management problems finance professionals encounter across all industries.
The Problems:
- Payroll Errors
- Compliance & Risk Reduction
- Cost & Headcount Control
- Inability to Prepare Detailed Labour Reports & Analysis
- Time Entry Control
- Inability to Cover Diverse Workforce
- Accurate Cost Allocation/Activity Based Costing
In this eBook, you’ll learn more about the common problems resulting from workforce mismanagement—and how to solve them for good with digital workforce management.
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