No one likes having piles of admin work to catch up on. Figures from a Sage survey found that the content, volume and cost of admin work, when drilled down, are enough to make any C-Suite green around the gills. Take a look at some of the numbers.
The total number of days per year spent doing admin tasks:
266 in the US |
210 in Spain |
152 in France |
109 in Canada |
The total cost of carrying out these tasks:
$76,000 in the US |
$75,000 in Germany |
$65,000 in Canada |
$47,000 in the UK |
The percentage of admin tasks that fall into the following categories:
36% Payments processing, invoices, and chasing payments |
35% Accountancy (including tax-related) |
20% Payroll and people management |
10% Talent acquisition/training |