I know that streamlining payroll efficiency likely is about as exciting as my last dental appointment. But what if I told you that reducing payroll errors potentially could save you hundreds of thousands? All of a sudden it sounds much more interesting, no?
The Salvation Army’s Chicago Metropolitan Division spent 70% of its time tied to manual data entry and was not only overspending because of calculation and transcription errors and omissions, but also was out of compliance with wage and hour regulations. However, through a partnership with Kronos, Inc., the nonprofit was able to streamline its system, significantly reduce errors and increase productivity — and yes, save hundreds of thousands of dollars.
