Mission
Sustain the dialogue between HCM / Payroll software firms, payroll processors, bundled payroll service providers, and retirement plan service provider.
- Define payroll administration quality and drivers of excellence
- Advocate for employer adoption of preferred practices
- Facilitate 360 data exchange
Execution
- Organize annual meeting of the Coalition
- Engage retirement plan service providers, payroll service bureaus, payroll softwarefirms, bundled payroll service providers, and HCM Suites - bring them to the table
- Survey retirement plan service providers and payroll service providers - publish areport defining "Quality" and "Excellence"
- Participate in HR Tech and Payroll Industry Conferences
- Build a website, brand identity, and social media presence for the Coalition
Tangible Success Metrics
- Percent of new and existing clients providing regular enhanced payroll feeds
- In a timely fashion
- In standard format
- Consistently
- With fewer errors
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Other standards of excellence identified by the Coalition
Business Benefits for YOU
- Net revenue growth
- Cost savings resulting from easier data exchange (API)
- Increased ROI
- Higher quality client service
- Fewer client defections
- Longer client lifecycle
What's in it for CLIENTS
- Less time administering payroll
- Successful retirement outcomes for employees
- Less premature employee turnover
- Slower workforce aging
- Lower cost of benefits
- More competitive labor cost
- Greater business success