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Meditations on global payroll strategy, technology, and the trends that are defining the future of the industry.
Over the last few years, at Payzaar we’ve had hundreds of conversations with payroll leaders at multinational organizations. Each company has its own unique set of challenges, but there’s a recurring challenge that keeps popping up: integration between HR and payroll.
Since we started Payzaar, we’ve had hundreds of conversations with payroll leaders at multinational organizations. Among the many issues we’ve learned about from them, one that keeps coming up is the challenge of integration.
In the payroll world, compliance is of utmost importance. Payroll is highly regulated and as an employer, you need to make sure that you pay 100% of your employees, 100% accurately, 100% of the time. Mistakes can be very costly and lead to major headaches.
If you are working in a multinational environment, you have probably come across the term “shadow payroll” and you probably have a vague concept of it. But what exactly constitutes a shadow payroll and how does it really work?
Most HR departments today struggle with their HR & Payroll Data Management. With too many different systems and data sources. A recent study by ADP showed that the typical multinational company has on average more than 30 different Payroll systems and another 30 different HR systems.
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