Make compliance a strategic opportunity rather than a cost of doing business
All too often, employers suffer a major compliance failure before they’ll re-evaluate their people, policies, processes and systems. They assume that their ongoing operational investments far outweigh the unpredictable costs and business impacts associated with noncompliance. The status quo, however, is no longer good enough, especially in the face of increasing regulatory complexity and rapidly changing trends in the world of work.
Embracing change with new technology and best practices can help you avoid unintended expenses due to non-compliance. Compliance solutions that automate processes can also significantly reduce operational costs and improve overall business efficiency and effectiveness. As a result, your HR staff members will have more time to concentrate on strategic work that positively impacts employee morale and engagement.
Get a customized cost-savings analysis from ADP that shows how you can transform your human capital management (HCM) compliance processes, including payroll, employment verification, tax credits and more.