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Payroll is one of a series of accounting transactions dealing with the process of paying employees for services rendered, after processing of the various requirements for withholding of money from the employee for payment of payroll taxes, insurance premiums, employee benefits, garnishments and other deductions.


KPIs in ‘Payroll’

Cycle time to process payroll

Cycle time (e.g. in days) to process the payroll.

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This KPI is most used for:
Operational Excellence

% of untimely payroll payments

Number of payments that are not made or made to late to employees as % of total payments to employees.

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This KPI is most used for:
Operational Excellence

% of manual payroll payments

Percentage of manual payroll payments.

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This KPI is most used for:
Operational Excellence

Cycle time to resolve payroll errors

Cycle time to resolve payroll errors.

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This KPI is most used for:
Operational Excellence
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