Identify Cash Leakages
with the Business Accelerator Tool
Companies are loosing a lot of money due to insufficient cost management of the HR department. This is harmful, as especially HR budgets are tight.
The Business Accelerator Tool is the only tool that can assess the total employment costs of your company. This analysis allows a your company to identify and stop major cash leakages! It’s time to start making smart HR decisions …
Stop Leakages. Save Money. Increase Profits.
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Steps of the Tool
Approach of the Analysis
Steps of the Tool
The Business Accelerator Tool Consists of 3 Steps:
- One – Time Data Input
- Analyses
- Report
Approach of the Analysis
Money is Lost for No Reason
How can we prevent the waste of budgets?
In most companies, employment costs are the biggest expenses item. Therefore, these costs should be managed very strictly. As a lot of money could be saved by some simple but crucial decisions. These decisions consist the choice between insourcing or outsourcing certain HR activities.
In general, the HR department is divided into different sub-departments:
- Payroll department
- Recruitment department
- Training & Assessment department
- Compensation & Benefits department
In the BAT, all HR departments are assessed separately. According to price, quality and risk evaluations, companies are able to make well-educated decisions about insourcing and outsourcing specific activities. This allows companies to reduce the total employment costs significantly. Cost leakages are stopped. This means: additional budgets every month.