Recent Posts

Author: Marc-Oliver Fiedler

Running global payroll for a multinational company has always been challenging. Payroll is extremely country-specific and is strictly regulated by local laws and policies. Unlike in HR or Accounting where global solutions like Workday, SAP, Oracle, Ultimate, etc. exist, in Payroll, no single global solution exists that can be deployed around the world to process payroll in compliance with local laws and regulations across many...

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In today’s highly interconnected world, many companies are starting to expand across national borders at a much earlier stage of their lifecycle than used to be the case. Both international trade policies and modern communication technology have made it easier for companies to sell their products and services around the world. Successful companies often scale internationally very rapidly after their initial domestic success.  This also...

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6 Reasons to Implement a Global Payroll Solution

Have you wondered whether a global payroll solution is right for you? Over the past few years, an increasing number of multinational companies has chosen to implement integrated global payroll solutions that provide integration and aggregation of their payroll environments across countries. These solutions help to streamline and standardize payroll processes, provide better visibility and controls over local payroll execution and help to simplify the...

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About 8 out of 10 companies have either recently implemented a global HCM platform (like Workday, SAP SuccessFactors, Oracle HCM Fusion, Ultimate), is in the process of implementing it or is working towards such an implementation over the coming months.There are a few key things to keep in mind when your company is looking at a global HCM solution and its implications for payroll. Read...

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Consolidated Global Payroll Reporting by Payzaar – Get Full Visibility into Your Global Employee Base

Why Is Global Payroll Reporting So Hard?   For most multinational companies it is incredibly difficult to obtain reliable, timely information about all of their employees in a consistent, consolidated format. Why is it so difficult? Because the data typically originates from many different local HR and Payroll systems in which the employee information is maintained in different formats, with different fields, with different definitions, in different...

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Global payroll process automation

Anyone who has ever worked in payroll knows that billing operations are often very manual and labor intensive. In addition to collecting and preparing data for payroll, one of the most time-consuming activities in many companies is reviewing the calculated payroll data that the external payroll service provider or the internal payroll team created. We recently spoke to the payroll department of a German car manufacturer and...

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Technology in Payroll

Marc-Oliver Fiedler is the co-founder and CEO of Irish global payroll platform start-up, Payzaar. He shares his views of the market, where it is going and how he hopes to shake it up.   He started out managing HP’s business process outsourcing division, which included payroll-related services, in the mid-2000s. Next came a stint at Oracle, where he assisted in developing the software company’s cloud business model. This...

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Global payroll operations by Payzaar

So you signed up with a traditional global payroll provider (ADP, CloudPay, Safeguard, NGA, SD Worx, etc. – just to name a few common examples) for an integrated global payroll solution. The provider told your global payroll environment would be significantly [qodef_highlight background_color="white" color="green"]simplified and streamlined[/qodef_highlight] by using their solution. No more having to deal with the complexities of the local payroll vendors, they will...

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Payroll Turkey

So you need to pay employees across many countries and you are dealing with lots of different country solutions and different local vendors. Which means: Different languages Different processes Different systems Different reports Different data formats Different currencies Different… everything!   And that in turn makes it incredibly difficult to have visibility into what is really happening across your different local payrolls: Is all the data being...

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Global Payroll RFP

Customers who are setting out on a global payroll journey frequently want to know what questions to ask as part of their Global Payroll RFP and vendor selection process. Besides the standard questions about service scope, customer references and service fees, here is a list of questions to ensure that you don’t get blindsided and avoid any unexpected surprises:   Can we keep our existing local...

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Payroll-Challenges

So how does your global payroll stack up to market benchmarks? Are you keeping up with global payroll innovation or are you lagging behind? Well, here are 10 signs that your global payroll needs an overhaul:   You are not operating in a shared services structure where all payroll admins are operating out of global or regional hubs You don’t have a global dashboard showing you...

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