1
5 things every CFO should know about Payroll avanti.ca
©2014 Avan So ware Inc. All rights reserved.
CFO's are responsible for helping their organiza ons make well informed decisions. With Payroll being a significant, and o en the largest, opera ng
expense for an organiza on it is important to have a solu on that provides the greatest return on your HCM technology investment.
By understanding the 5 key items we discuss in this guide, you will be able to assess if you:
• Are realizing all the cost saving advantages of your HCM
• Are ge ng the most valuable data for decision making purposes from your HCM solu on
• Have the right tools for your team to manage your employees
Here are the 5 things a CFO should know in order to understand how to assess the ROI of your HCM solu on:
WHAT EVERY CFO NEEDS TO KNOW ABOUT PAYROLL
MAXIMIZING ROI FOR YOUR HCM SOLUTION
By: Marlo Hertling
What is HCM?
Human Capital Management (HCM) is a strategic
approach to the management of an organization's most
valued assets - the people working there.
HCM consists of Payroll, HR, Time & Attendance and Self-
Service.
COST COMPATIBILITY FLEXIBILITY BUSINESS
INTELLIGENCE
ACCURACY