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Decentralized Payroll Processing
The
Problem
A national food processing company with
multiple locations was looking for a method to streamline their
decentralized payroll processing. Each location only employs between
125 and 300 people and they are paid on a weekly basis. But the
annual time and cost associated with the current method of payroll was
relatively high and of concern to management. Between 80 and 180
man-hours, depending on the location, with an estimated annual expense
ranging from $1,900 to $4,500 was spent each year to process payroll.
As with any business, every cost improvement,
no matter how small, improves the overall health of the company.
This organization was no different!
Due to the weekly payroll and the physical
location of some of the facilities, a centralized method was not an
option. A pressure seal system at each plant appeared to be a natural fit.
The
Solution
The PSMailers ISM
was introduced to the customer as
the answer to
their payroll woes. Even the
smallest of operations were able to achieve a
return on investment in two years or
less. On
average, across the entire network of food processing plants,
the company saved
approximately 56% (125 man-hours
and $1,800) each year by switching to a PSMailers system.
Organizations with as
few as 6,500* documents per year can cost justify a
PSMailers
system, on average, in two years or less.
* Many factors can influence how many documents are required to achieve an
ROI of two years. These include the current processing method,
processing speed, associated wages, costs of current documents and
envelopes as well as other factors specific to individual customers.
For a complete analysis for your location, use the PSMailers cost
justification worksheet available from Forms Management, Inc.
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