Course Overview

The surge in payroll fraud in recent years underscores the imperative to establish a proactive system to combat deceptive practices within payroll processes. This necessity is the reason for this course. The course delves into modern strategies, technologies, and best practices to streamline payroll processes, reduce costs, and safeguard against potential fraudulent activities. Participants will gain practical insights and actionable tools to optimize payroll operations, improve efficiency, and ensure financial integrity within their organizations.

Course Objectives

By the end of the course, participants will:

• Understand the Fundamentals of Payroll Optimization
• Explore Modern Approaches to Payroll Management:
• Learn about contemporary payroll management practices, including automation, cloud solutions, and data analytics.
• Implement Cost-Effective Payroll Strategies
• Acquire knowledge of common payroll fraud schemes and develop skills to detect and prevent fraudulent activities.

Course Outline

Module 1: Introduction to Payroll Optimization

• Overview of payroll processes and their impact on financial efficiency
• Identification of key areas for optimization in payroll management

Module 2: Modern Approaches to Payroll Management

• Introduction to payroll automation and cloud-based solutions
• Leveraging data analytics for informed decision-making in payroll

Module 3: Cost-Effective Payroll Strategies

• Strategies to reduce costs while maintaining payroll accuracy
• Implementing efficiency measures in payroll administration

Module 4: Understanding Payroll Fraud

• Common payroll fraud schemes and their implications
• Case studies highlighting real-world examples of payroll fraud

Module 5: Risk Mitigation in Payroll

• Identifying internal and external risks associated with payroll
• Developing risk mitigation strategies for payroll administration

Methodology

This course combines theoretical knowledge with practical applications, case studies, and interactive discussions to ensure participants leave with actionable insights and skills to optimize payroll processes and prevent fraud effectively.

Course Fee

₦185,000

Date & Location

• Date: 19th Nov - 21st Nov, 2024
• Location: Yaba, Lagos
• Virtual Learning: Available