Published: 18 September 2023
Given complex regulatory requirements and employee volumes varying across countries, no true global payroll solution exists. To improve efficiency and performance, HR technology leaders must balance integration, emerging technology trends and risk management in their selection process.
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Organizations make increasing efforts to streamline their multicountry payroll operation, but this is still a work in progress for most due to piecemeal efforts and a fragmented vendor landscape.
Payroll business process outsourcing (BPO) vendors are replatforming to build their native payroll technology to improve integration, reporting and analytics as well as reduce dependency on legacy payroll engines. In contrast, payroll administration software vendors are expanding their managed services capacity to offer additional options.
Hybrid work has empowered employees to continue operating from payroll jurisdictions that are different from the organization’s registered offices. HR is also seeking to hire talent
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