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How Effective HR can Prevent Unexpected Business Costs
Unexpected costs can harm businesses in many ways and the best way to prepare for and prevent them from occurring is to have an efficient HR department that utilizes an outsourcing partner.
The Business Advantages of Managed Benefits Administration
Brokers, HR, and employees all want the same thing: a well functioning, easy-to-use system and clean processes when it comes to benefits administration. Outsourcing can provide this to all parties.
How Bad Workplace Behavior Impacts the Bottom Line
Bad workplace behaviors can cause a host of problems, but ultimately, the results will have a negative impact on an organization's bottom line. Finance should work closely with HR to resolve issues.
What are Some ROI Metrics to Watch for in HR?
HR initiatives' success is often hard to quantify. However, some metrics like retention, engagement, and productivity can be measured so that finance leaders can see what HR's ROI is.
How to Reduce Costs While Implementing New HR Technology
Some businesses are hesitant to invest in an HRMS or other HR technology because of the cost of implementation. However, HR needs data to be a strategic business partner.
7 Strategies to Contain Costs with HR Outsourcing
Outsourcing HR can provide finance leaders with cost cutting strategies that simultaneously create a more efficient HR while reducing expenses so HR can be a more strategic partner.
Growing a Small Business by Mitigating Risks
Since risk is an inevitable part of business, companies should seek to mitigate risk as much as possible. They need to start by categorizing risk and then following a process to address it.
Finance Leaders: HR Metrics to Keep an Eye on
Finance leaders looking to increase profit should monitor HR metrics of a company's people strategy to make sure that HR is aligned with the company's business strategy.
Why Finance Should Outsource to a Managed Payroll Service
One of the best business practices a finance team can do is outsource their payroll to a managed service that can handle all of the complexities of payroll and tax compliance, while ensuring accuracy.
5 Best Practices for the Small Business Accountant
Accountants need to focus their efforts to increase efficiency and tackle more strategic business objectives.
When is it Time to Leave a PEO?
There are a number of advantages to using a PEO, but eventually the disadvantages of a PEO outweigh its usefulness as a business scales. What signs signal when it's time to leave a PEO.
How to Make the Most of Employee Benefits While Saving Money
Valuable company resources are lost because employees either don't want, use, or know the benefits plan. Implementing a benefits software solution could cut costs while keeping employees satisfied.
Trending: The Rise of the City State
A new trend: city councils around the U.S. are beginning to create their own labor laws and requiring employers adhere to the type of standards which have historically been imposed by federal & states
Why Benefits Reconciliation Matters for Finance and HR
Benefits leakage is a hidden cost that damages a company's bottom line and can have long term effects on both finance and HR departments. Using a benefits reconciliation solution can prevent damages.
Are Video Interviews the Best HR Cost-Cutting Measure?
There may be better, more efficient ways for HR departments to save both time and money than relying on video interviews.
Zuman Whitepaper: Leaving PEO Its Complicated
Part 5: Ways to Bridge the Gap Between HR and Finance
We wrap up our weeks-long analysis and find methods to better bridge the gap between HR and finance departments.
Part 4: To Outsource HR and Payroll or Not?
Outsourcing HR and payroll is becoming increasingly popular for its cost and productivity benefits.
Part 3: If Finance Ruled the World
When it comes to successful business outcomes, finance leaders have a very specific idea of the role that HR should play.
Part 2: Defining the Great Divide Between HR and Finance