The project involved supporting the transition from an end of life payroll software, which provided an opportunity to also develop the HR infrastructure of the client, to a new integrated system. Critical factors to the delivery of the project were the high-risk nature of replacing a payroll system, together with the complexities of transitioning a company’s HR infrastructure
HR and Payroll
HR and Payroll
Approach
Proposed Project Objectives
Create baseline data – Working with the finance team, a full analysis of the existing costs and contractual statuses was performed and used as a benchmark throughout the project
Performance based specifications – consultations were held with the client to support in assessing the requirements of the end product using performance-based specifications rather than prescriptive specifications, which were better suited for the exercise
A commercial RFP was launched – After performing a full analysis of the driving forces in the market and the relevant firms, a commercial tender was launched, with several suppliers formally invited to participate. Shortlisting was performed using a balanced scorecard, and presentations organised
Overviewing the implementation – The Staverton team were involved in project managing the implementation of the two new platforms over a period of 7 months, ensuring all key milestones were hit and liaising with all the stakeholders to facilitate the transition
Support in the client to re-assess the requirements of a modern Payroll and HR infrastructure – rather than doing a like-for-like replacement, the opportunity was used to drive efficiencies in key areas
Negotiate market-leading commercials for a new contract – perform a full-scale market analysis to secure best value
Overview the implementation project – being a high-risk project, involvement from Staverton during the lengthy implementation project for both HR and Payroll was essential
Results
By utilising strategic levers and an RFP, Staverton was able to secure a market-leading rate for new HR and Payroll systems for the client, ensuring the platforms are fit for the requirements identified while mitigating any risks through project managing the implementation phase of the project. The project was delivered successfully, with the client transitioning to the two new platforms in time, before the incumbent products were decommissioned
Annualised Savings
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