San Ramon, Calif. - May 02, 2013 -Traditionally payroll management has been an administrative task. Because of its transactional, back-office nature, it has rarely been viewed as holding any strategic value. As human capital management (HCM) becomes more integrated, payroll may hold the key to delivering a complete view of human capital data. With advances in technology, payroll can be connected into a unified HCM solution, enabling employees, managers and executives to use both the process and the payroll information in ways not previously available to them.
Ventana Research is launching new benchmark research to help guide organizations as they seek to optimize payroll management and merge it with HR, talent and workforce management information. This newest research from the leading business research, analysis and advisory services firm will explore what steps companies are taking to integrate payroll with their existing systems, manage the new data, analyze it and it what ways these organizations use it to gain value from it. The research will examine the current state of payroll management and patterns in the adoption of new methods and technologies for optimization.
"Human Capital Management is evolving to become more strategic. Integrating payroll management with HCM will allow for better planning and execution in areas such as workforce management, pay-for-performance and employee engagement" said Stephan Millard, VP and research director of the Human Capital Management practice at Ventana Research. "Unfortunately, there is no empirical information to guide organizations as they seek to evaluate optimized payroll management. This benchmark research will provide information on market requirements, best practices, and the people, process, information and technology issues that must be addressed."
To learn more about optimizing payroll management or participate in the research, please visit: www.ventanaresearch.com/payrollmanagement. The research is being sponsored by Ceridian. Ventana Research, a leading business technology research and advisory services firm, provides qualified research participants with an incentive, complimentary report and presentation of the research findings as well as access to a free educational webinar on key findings from the Optimizing Payroll Management benchmark research.
About Ventana Research
Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana On-Demand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.
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To learn how Ventana Research advances the maturity of organizations' use of information and technology through benchmark research, education and advisory services, visit www.ventanaresearch.com.
Media: Copies of benchmark research report and interviews are available upon request.