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To get started, you'll want to have
this information handy: |
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Your
one-time payroll system costs.
These are the one-time costs related
to the initial acquisition and implementation
of your TLM system, or for upgrading
to the current version of the system.
Be sure to include license fees, implementation,
set-up and any custom programming costs
you may have incurred. |
|
Annual
payroll costs. These are
the ongoing costs associated with actually
processing your payroll. This would
include any processing costs and maintenance
fees. It can also include recurring
fees that you remit on a regular basis,
such as hosting fees or per employee
license fees paid per pay-period, monthly
or annually. |
|
One-time
time and labor management (TLM) system
costs. These are the one-time
costs related to the initial acquisition
and implementation of your TLM system,
or for upgrading to the current version
of the system. Include license fees,
implementation, set-up and any custom
programming costs you may have incurred. |
|
Annual
costs associated with your TLM system.
These are maintenance and recurring
fees that you pay on a regular basis
for the use of your TLM system. Include
hosting fees or per employee license
fees that you remit on a per pay-period,
monthly or annual basis. |
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Please Note: This calculation methodology is provided by ADP in a general way to help prospective clients get a fair idea of the costs of ownership; it is not a guarantee that your actual costs are or will be the same as the results of this calculation tool. |
