Labor Cost Forecasting: Process, Roles and Responsibilities, and Critical Success Factors

APQC spoke with Peloton’s Vice President of Finance Transformation and Advisory Services – Philip Peck about the process, roles, and responsibilities, which are involved in the success of Labor Cost Forecasting. The topics discussed cover the importance of understanding what labor, personnel and cost forecasting involves, how the responsibility for labor forecasting is broken down between finance and HR technology drivers, how organizations can improve their labor cost forecasting accuracy, and more.

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