Episode 173: How HR Software Cuts Costs And Stress

Описание: Hiring shouldn’t feel like juggling chainsaws, and payroll shouldn’t require a spreadsheet rodeo. In today's episode, Greg Farrall, CEO and Owner of an independent wealth management firm, Farrall Wealth,  sat down with HR consultant Mike Ramian from Paylocity to show how small and mid-sized businesses can streamline the entire employee lifecycle, save real money, and sleep better at night. 

From recruiting to retirement, we connect the dots on what to centralize, automate, and cut so your team can focus on the work that grows the business. We dig into the high cost of noncompliance and why the rules shift by state and headcount. Mike explains how Illinois biometric consent differs from Indiana requirements and how missing a step can lead to fines and lawsuits. Then we move to the practical upside of modern HRIS platforms: automated compliance checkpoints, cleaner onboarding, and faster time-to-productivity. With AI built into the workflow, HR leaders can generate sharper job descriptions, screen candidates more effectively, and fill roles sooner—often cutting 25 to 50 percent off the time spent in early hiring stages.

Retirement plans get a refresh, too. Instead of clunky census pulls and back-and-forth emails, open APIs enable 180- and 360-degree integrations, so demographic changes, eligibility, and deductions sync without manual re-entry. That matters for plan sponsors, advisors, and TPAs who need accurate, real-time data. Mike shares a standout case study: a nonprofit reduced software sprawl and reclaimed up to $100,000 annually by consolidating tools and tightening integrations. The result was fewer licenses, fewer errors, and a smoother payroll process that actually pays people on time.

If your HR stack feels bloated or brittle, this conversation offers a blueprint for change: map your tools, measure the manual handoffs, and unify where it counts. Subscribe, share with a business owner who needs it, and leave a review to tell us which HR headache you want solved next.


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The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may suit you, consult the appropriate qualified professional before deciding.