For your initial post, write a brief overview of the article

School: University of Texas - Course: IT 140 - Subject: Accounting

For your initial post, write a brief overview of the article. Describe how a gap analysis could help Paychex make a decision about the possible expansion of their payroll service to larger corporations. Note: Keep in mind that there are several types of gap analyses. The type of gap analysis you would perform for Paychex is not the same type of gap analysis you would use for Project One. Paychex ,Inc. is a small to medium business that offers different tools for human resources like payroll and benefits. The company has been doing very well over the past few years and has been able to sustain itself even after the market crash in 2008.( EBSCOhost) One of the biggest advantages is that this company has been able to fully integrate its systems for business and IT needs. This makes it harder for competitors to copy their system.( EBSCOhost) For the company to continue to succeed in the future we will need to do a payroll gap analysis. The goal of the gap analysis is to review the systems that are in place and find out what is working, what is missing, and what can we advise on improving for future success. .(Harrison)An auditor will provide a report that gives the strengths and weaknesses of the system with recommendations. This auditor will also interview employees to find business needs outside of the organization system. Interviewing employees can give help us understand the needs for employee success. Happy employees' equal happy business. With this report, upper management can review and make decisions to purchase new technology, upgrade, or understand costs. (Harrison) Harrison, S. (2016, October 26). How to conduct a lean manufacturing audit. Small Business - Chron.com. Retrieved March 23, 2023, from https://smallbusiness.chron.com/conduct-lean- manufacturing-audit-30623.html EBSCOhost Research Platform: EBSCO. EBSCO Information Services, Inc. | www.ebsco.com. (n.d.). Retrieved March 23, 2023, from https://www.ebsco.com/products/ebscohost-research- platform