Recruiting and staffing services, payroll processing, time and attendance, benefits—these are just a few essential HR processes in medium-large businesses. Many of them are outsourced to multiple vendors or to a new and all-encompassing level called professional employer organization (PEO).
As a result, workforce administration has become a growing HR indirect spend category and one to which LAC Group brings both breadth and depth of expertise to help you manage and control expenses.
Payroll processing is an essential business task and one that companies often choose to outsource, especially employers with complex payroll needs. Exempt and nonexempt employees, remote workers governed by different regulations, various compliance and reporting requirements—every additional detail comes with additional costs. That’s why payroll processing is a focus area for LAC Group spend management support and guidance.
The good news is that you have many vendor options, from large and established leaders like ADP to upstart online providers like Gusto. We can help you assess and select the best options for your needs and circumstances, allowing you to save money without jeopardizing employee satisfaction or regulatory compliance.
Other ways to save on HR admin costs
Identify the payroll processing features you truly need versus extra services that benefit the provider more than you.
Assess and balance outsourcing options and doing it in-house to achieve spend targets.
Eliminate and reduce paper as much as possible, everything from the job application process to encouraging direct-deposit over paper paychecks.
Can we help you control costs for payroll and other HR expenses?
We begin with an assessment of your current total spend for payroll, benefits, time and attendance and any other HR administrative costs. We streamline the process and add valuable knowledge to help you choose the best cost-reducing approach: identifying needs and available options, assessing vendors, guiding contract negotiations and compliance, monitoring invoice accuracy and alerting you to renewals are a few of the ways we can ensure that more of your profits stay with you instead of going to vendors.
Consider LAC Group your partner and guide to managing payroll processing and other HR expenses. Working with the staff and systems you have in place, our programs and services are structured on a spectrum of service levels that ranges from “help us manage” to “manage for us”, with any level in-between based on your needs and circumstances.