Today’s global economy is a shifting landscape of market opportunity, compliance challenges, and workforce evolution—an environment in which even the most advanced and innovative companies must work to keep up. Yet, the operational status quo for many organizations includes an outmoded, decentralized global payroll model that underserves their needs and employees while racking up hidden […]
Compliance, performance, efficiency—it can be tough to prioritize goals within a global data management strategy. Depending on your yearly objectives, regulatory demands, and market opportunities, data quality and security can seem more urgent, complicated, or beneficial in widely varying ways. Continually developing technologies, like cloud-based services and process automation, have enabled multinational companies to recognise the […]
For a function so integral to the success of any organization, payroll doesn’t get a lot of attention outside of the people who run it. Yet, everyone at a company relies on it, it’s typically the largest cost center, and it tends to be responsible for more up-to-date, company-specific data than any other department. Which […]
Big data may be nothing new to global businesses today; however, the means for analyzing big data in payroll are relatively recent developments. Just as they have embraced the advantages of technology and automation in HR, finance, and marketing, successful multinationals are now exploring the potential that has laid right there, in their biggest data […]
Although payroll is one of the more fundamental business needs, our understanding of the function and its implications remains minimal at best. In fact, many business leaders rarely consider payroll beyond the basic requirement of paying employees, failing to realize the strategic value of this core function, which often represents the largest cost center of […]
In the wake of Y2K, the newly interconnected world began seeking ways to reconcile a reality that was increasingly, permanently, dependent on data with growing fears of that data being compromised. An amazing cycle had begun, in which the use of data resulted in the creation of more data, which contained ever more valuable and […]
Technology has a way of injecting a peculiar sense of selective amnesia into culture. For the overwhelming majority of human history, people couldn’t communicate across vast distances. The telephone itself is less than 150 years old. Yet today it’s difficult to imagine not having a phone in your pocket capable of calling anywhere in the […]
Among multinational organizations of all sizes, payroll and HR team members are increasingly recognizing the benefits of adopting a unified global payroll solution. It’s easy to see how switching from a fragmented collection of legacy systems to a single solution can help standardize processes, reduce errors, and improve productivity and efficiency levels over time. Making a […]
Technology has a way of injecting a peculiar sense of selective amnesia into culture. For the overwhelming majority of human history, people couldn’t communicate across vast distances. The telephone itself is less than 150 years old. Yet today it’s difficult to imagine not having a phone in your pocket capable of calling anywhere in the […]
Though automation is not a new topic in payroll circles, it remains as much a point of debate today as when it first began impacting our industry at the start of the millennium. It’s not going away, and more and more payroll professionals are now embracing automated solutions, although not without hesitation. Such a change begs […]
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