COMPLIANCE
Planning is paramount: ways to meet your payroll procurement goals
Reuben Hughes, Head of Sales, The Leppington Group, explains why dedicating sufficient time and resource to the procurement process when obtaining new payroll technology or services pays dividends
A nyone who’s ever been part of a digital transformation process knows the trials and tribulations cannot be overstated. If it’s your first time, everything that can go wrong will go wrong. And anything that’s going right will ultimately be deprioritised, balloon in cost and eventually go wrong. The problems stem from the fact that the business must continue as normal while these processes are ongoing. So, without shutting down for a few months while everything is sorted out, what can businesses do to make this process less painful? The key to success lies not just in the choice of system, but in the preparation that precedes it. The importance of thorough preparation Investing time and effort in the procurement process for new payroll technologies or service providers can yield significant benefits. The cost savings on payroll processes and improved employee satisfaction mean the process is almost always worthwhile. However, the amount of work needed to go to market can make it a daunting task, which most executives will want to put off if the business is doing fine. Proper preparation for payroll procurement involves several critical steps. The first step is for companies to conduct a comprehensive needs assessment to identify the specific requirements for the upgrade. This includes evaluating current processes, pinpointing pain points and envisioning future needs. Next, organisations should research
PROFESSI NAL in Payroll, Pensions and Reward
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June 2025 | Issue 111
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