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Client reports indicate up to a 10 percent reduction on annual payroll costs using web-based workforce management software
The verdict is in; RosterLive workforce management is consistently saving businesses money. Automating rostering and time and attendance processes with RosterLive has saved businesses thousands of dollars in annual payroll costs, clients report, by eliminating: employee time theft, payroll data entry errors / miscalculations, and reducing required administrative resources.
There are many benefits to automating rostering and time and attendance procedures. However, some benefits are not easy to measure or quantify, and thus often get overlooked when assessing the value of workforce management software, such as: greater staff efficiency, accurate and reliable information flows, and increased operations transparency for management. However, what can be accurately measured, and is immediately noticeable to a business, are reduced expenditures, like its annual payroll cost.
Below are some examples of the real, measured, reductions in annual payroll costs RosterLive clients have made after automating their rostering and attendance needs:
Retail client with 100 employees reported a 2% saving on their annual payroll |
| Annual Payroll |
$4,000,000 |
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| 2% Saving |
$80,000 |
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| RosterLive fee |
$6,000 |
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| Net Saving |
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$74,000 |
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Hospitality client with 150 employees reported a 8% saving on their annual payroll |
| Annual Payroll |
$5,200,000 |
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| 8% Saving |
$416,000 |
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| RosterLive fee |
$7,200 |
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| Net Saving |
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$408,000 |
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Aged Care client with 200 employees reported a 1% saving on their annual payroll |
| Annual Payroll |
$6,000,000 |
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| 1% Saving |
$60,000 |
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| RosterLive fee |
$12,360 |
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| Net Saving |
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$47,640 |
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Hospitality client with 900 employees reported a 10% saving on their annual payroll |
| Annual Payroll |
$27,000,000 |
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| 10% Saving |
$2,700,000 |
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| RosterLive fee |
$44,000 |
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| Net Saving |
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$2,656,000 |
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The saving potential for utilising our web-based solution varies depending on the level of automation in a client’s current rostering and time and attendance processes, but includes the following:
- Reduction in administration costs
- Elimination of human error - miscalculations on pay & data entry errors
- Elimination of time theft
Some of the other efficiencies of using RosterLive:
- Managing labour costs before they occur
- Less payroll enquires
- Consistent award interpretation
- Faster payroll processing
- Information more transparent for line managers
- Eliminate manual timesheets
- Online leave applications
- Ability for employees to update details via employee self service
Contact RosterLive on 02 8399 1688 or email today to find out more on how web-based workforce management can start eliminating unnecessary costs for your business.
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