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Technology

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 transformation by Payzaar

Transformation Programmes are fraught affairs. They rarely deliver on the business case. The most quoted statistic relating to transformation programmes is that 70% of them fail. McKinsey & Company have been analysing transformation programmes for a long time and the persistently high failure rate is staggering. This paper examines why they fail according to McKinsey & Co and applies the payroll context to provide some...

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Payroll Data Risk by Payzaar

Payroll teams are sitting at the centre of the greatest level of manual processing of personal data within the organisation today. They are hampered by disconnected systems, face a lack of end-to-end processes and subjected to constant deadline pressures to ensure that employees are paid accurately and on time. Against this backdrop, the organisation is bearing unnecessarily high risks.   Myriad of Data Sources   Anyone who has had...

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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-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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