5,000 Employee mid-market business decides to outsource part of HR in order to deliver efficiency and significant cost savings.
Challenge
Expensive overheads within HR function and outdated systems for managing payroll
Scope
Payroll Process Automation & Outsourcing
Automated Payroll System Provisioned By The Outsourcer (Oracle Based)
Utility Based Pricing For Automated Activities
Ongoing Investment Factored Into Run Rate Pricing
Key Points & Learnings
Outsourcing for a better process AND cost reductions
Close Client/Supplier involvement during the transition process is essential
Key Facts
Total project time: 3 month transition; ongoing
Investment cost: Internal effort / training (est. £75,000)
Payback period – Less than 4 months
Annualised savings: £350,000
