Benchmark your payroll function to be ready for international business growth

As an HR or finance decision-maker in a global company , you can scarcely have avoided the drive towards HR Digital Transformation over recent years . Whether your role is central or regional , you ’ re under pressure to scrutinise your people and payroll operations and implement the changes to processes , business model and culture that will drive productivity and profitability alike .

Meanwhile , despite the pandemicprovoked economic headwinds , many companies are pushing ahead with global expansion projects .

As business models adapt to the changing global reality , firms are turning to technology to fast-track operational and cost efficiencies and expand their current capabilities ; buoying the HR technology market as a result .

Why does payroll maturity matter ?

As your company ’ s international employee population grows , so too do the difficulties of running payroll . The complexity of in-country compliance most immediately springs to mind , but there ’ s also the complexity of managing mounting processes , team roles and responsibilities , and demands around employee expectations and management reporting . Add in the new need to understand the dynamics of a remote and hybrid workforce , and it ’ s clear that the sophistication of your HR and payroll technology can make or break how you cope with international expansion �

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