1. The Need For Integrations
Integrations are required for a number of important reasons:
To help manage a complex multi-vendor and multi-system global payroll landscape
To ensure necessary data flows between separate yet interconnected departments
To reduce or eliminate manual input or duplicate data processing
To facilitate consolidated multi country global payroll reporting
To ensure global level compliance and meet individual country regulation
To control, manage and evaluate local country payroll providers
To streamline connected processes, boost productivity and generate efficiencies
To enable scaling and business growth efficiency
The need for integrations is growing and becoming more urgent as multinational companies scale at a faster rate than ever before. This scaling creates complexity: new employees, in new countries, requiring global payroll in different currencies and time zones. This has resulted in a complex network of disparate systems and multi- vendor crowding. Global payroll professionals and managers are unable to achieve the visibility and control they would like over their multi country global payroll. It is a challenge to see where all the pieces fit and a bigger challenge to get all the related data into a single place to extract crucial reporting around labor costs and how they differ across countries. Manual processes result in errors that need to be eliminated. A solution is needed that can gather, automate, standardize and consolidate all global payroll data in a single place- a global payroll control platform integration is required for this to happen.
| Global Payroll System Integrations
5 3
Powered by FlippingBook