Accounts Payable Management
Utility Bill Management
Payroll Management
Success Story #1:
Private Real Estate Company
The Situation:
A private real estate investment, management and development company with apartment complexes across the U.S. and more than 1200 employees needed an efficient, effective way to process its regular payroll. Checks were often late or incorrect and employee morale was suffering.
SourceNet Solution:
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Assisted in ADP payroll implementation
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Implemented employee service center and performance metric reporting
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Completely managed human resource data input
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Implemented SourceNet service model
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Implemented web-based time capture and reporting
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Automated GL data
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Employed performance metric reporting
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Results:
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Reduced direct operations cost by more than $600K annually or 60%
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Eliminated negative payroll error, estimated at $100K annually
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Saved one man-week per month in Accounting
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Exceeded desired goals for accuracy and timeliness of payroll delivery
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Increased employee retention rates
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Success Story #2:
Cement Manufacturer
The Situation:
A leading international manufacturer of cement, having completed a major acquisition, needed help in integrating two separate payroll systems and implementing a new enterprise system for HR and payroll. The client's payroll department was in turmoil, with critical personnel resigning, and employee morale was low.
SourceNet Solution:
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Completely managed existing HR and Payroll processes
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Tested new HR and payroll processes
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Implemented new JD Edwards HR system and ADP Enterprise Payroll system
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Provided smooth processing transition
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Implemented SourceNet service model, including utilization of a dedicated customer support team
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Employed performance metric reporting
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Results:
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Reduced overall payroll costs by 10%
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Exceeded desired goals for accuracy and timeliness of payroll delivery
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Improved employee satisfaction and employee retention rates
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