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Meditations on global payroll strategy, technology, and the trends that are defining the future of the industry.
As multinational organizations become more complex, with larger workforces and more payrolls to manage, the amount of manual revision and data reconfiguration required to process payroll grows exponentially.
Starting a payroll transformation project is not an easy decision, but it can be extremely rewarding if executed correctly.
The importance of data in business is growing exponentially. Payroll reporting and payroll data are hot topics nowadays, with businesses becoming increasingly data-driven and looking for new ways to use the great amounts of information available to improve performance, reduce costs, and make better decisions.
The first few weeks leading payroll at a global organization are nothing short of challenging. First of all because, of course, it is essential to keep the organization’s payroll operation working to avoid any hiccups and delays paying employees, who shouldn’t feel any changes happening within the payroll department.
Lack of control over in-country providers, long deployment times, and elevated costs are part of the traditional aggregator service model, which for long has been the only option for large multinational companies to manage their global payroll.
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