Nutrigrow Essay

1224 Words Mar 27th, 2016 5 Pages
Introduction
NutriGrow is a Canadian owned and operated agricultural company, currently operating in the province of Manitoba. The organization has been in business for 60 years and has experienced relatively slow growth, until the introduction of a new product, which turned out to be great success to large agri-businesses. Based on the new products’ success, NutriGrow has made a strategic decision to market this product internationally, with the expectation of increase business activity over the next decade. With the expectation of increase business, management has assigned the payroll department with the task of implementing payroll best practices in order to transform into an efficient high performance team.

The payroll
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1. Current time keeping system 2. Archaic in house payroll system currently in use 3. Disconnect between Payroll & HR 4. No process and procedures documentation 5. Absence of payroll continuity plan

Analysis
NutriGrow’s current timekeeping practice is to have plant employees fill out their own paper time cards and management employees to submit paper timecards only when they have exceptions to their regular time. The issue with manual processes in any organization is the potential opportunity for payroll fraud, data entry errors and inaccuracies. In order to create a high performance payroll department, NutriGrow will need to immediately move to a more reliable source of time and attendance. Not doing so could impact the company’s overall costs by overpaying employees for time not worked, the inability to accurately accrue/payout vacation, sick, or banked time, as well as inaccurate job costing. Presently, the existing payroll system is outdated and independent of other systems within the organization, with very limited reporting capability. The lack of custom reporting does not allow the payroll department to provide operational managers with customize reports on a daily basis. Without accurate and updated reports, NutriGrow is unable to make informed decisions about the profitability of their products and operations, which

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