Looking into the future of global payroll
Meditations on global payroll strategy, technology, and the trends that are defining the future of the industry.
6 Reasons to Implement a Global Payroll Solution
Have you wondered whether a global payroll solution is right for you? Over the past few years, an increasing number of multinational companies has chosen to implement integrated global payroll solutions that provide integration and aggregation of their payroll environments across countries. These solutions help to streamline and standardize payroll processes, provide better visibility and controls over local payroll execution and help to simplify the reporting and data integration with 3rd party systems. Here are 6 key reasons and drivers for the implementation for such global payroll solutions:
Impact of a Global HCM Solution on Payroll
About 8 out of 10 companies have either recently implemented a global HCM platform (like Workday, SAP SuccessFactors, Oracle HCM Fusion, Ultimate), is in the process of implementing it or is working towards such an implementation over the coming months.There are a few key things to keep in mind when your company is looking at a global HCM solution and its implications for payroll. Read here to know more.
Consolidated Global Payroll Reporting – Get Full Visibility into Your Global Employee Base
For most multinational companies it is incredibly difficult to obtain reliable, timely information about all of their employees in a consistent, consolidated format.
Cost Reduction Measures in Payroll
Payroll teams around the world have been working incredibly hard over the past few weeks to protect the business continuity of their companies in the face of the global Coronavirus pandemic and to make sure employees are getting paid accurately and on time.
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