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State of Global Payroll
THE STATE OF GLOBAL PAYROLL
Payroll remains an underserved part of the enterprise for multinational organizations
• Inefficiencies across technology, people and
processes
• Lack of payroll data visibility to support cost
analysis and compliance
• Lack of system integration to ensure data
accuracy and integrity
• Limited ability to establish regional/global SLAs
and KPIs to measure payroll performance
2
FRAGMENTED PROCESSES DISPARATE DATALEGACY SYSTEMS
3
COMMON PAYROLL CHALLENGES
14%
17%
21%
23%
25%
Which Payroll
challenges do global
companies worry
about most?
Standardized payroll process
• Inefficiencies across people, processes
and technology solutions
• Inability to leverage best-practices
across payrolls
• Pay frequencies and payment methods
• Approvals and exception handling
Compliance & security
• Accurate and timely processing of
payments and required reporting
• Compliance related to work and pay rules
• Internal policies and payroll regulations
• Reliance on manual processes
• Audits and remediation
Local payroll requirements
• Applying continual changes to legislation
• Adhering to the existing rules and regulations
• Achieving efficiencies across multiple cultures,
languages and currencies
• Physical interactions required in some countries
• Varying data privacy laws
Consolidated reporting & analytics
• Lack of payroll data visibility to support cost
analysis and compliance
• Limited ability to establish regional/global SLAs
and KPIs to measure payroll performance
System integration & automation
• Lack of integration and self-service
• Questions about data accuracy and integrity
• Costs associated with relying on manual processes
Sources: EY - Global Payroll Survey, 2014 and Hackett Group - Payroll Sourcing Optimization 2014.
4
CHALLENGE OF MANUAL PAYROLL CALENDARS
• Without clear, deadline-oriented
ways to view key payroll
processing dates, teams struggle
to meet deadlines
• Organizations waste a lot of time
monitoring separate calendars to
understand important deadlines
and deliverables
• Some run 80 different payrolls with
80 different calendars, created
with no standardization or global
oversight
Lack of standardization, collaboration, updates, and global oversight
Portugal
France
Brazil
China
USA
India
Canada
CloudPay Solution
6
• Run payroll in over 120 countries,
with support in 20+ languages
• Standardized & flexible
integrations, controls and
compliance
• Outstanding service & support:
99.9%+ SLAs
• Real-time payroll analytics &
reporting solution
CLOUDPAY GLOBAL PAYROLL SOLUTION
We built a powerful platform with flexible features that bring new possibilities to global payroll
Fully SSAE 16, ISAE 3402 and
ISO27001:2013 certified, HTTPS &
high-grade AES-128 encryption
7
WHAT OTHERS ARE SAYING ABOUT CLOUDPAY
ACHIEVER
Recognized as market leader and
‘Achiever’ in Everest Group’s 2016
study on Multi-Country Payroll
Platforms.
“
”
TRUSTED
Truly the first system our team
enjoys using, and everyone in the
organization can trust.
“
”
TRANSFORMER
Winner of prestigious 2016 Global
Payroll Transformation Award for
automation and compliance
controls.
“
”
EFFICIENT
Automated and efficient process
from information upload through
to employee pay.
“
”
LEADER
Recognized as a leader in multi-
country payroll services,
technology, user experience, and
HR cloud integration.
“
”
PRODUCT OF THE YEAR
Awarded 2016 Payroll Software
Product of the Year award by
Payroll World Awards
“
”

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State of Global Payroll - CloudPay Global Payroll

  • 1. State of Global Payroll
  • 2. THE STATE OF GLOBAL PAYROLL Payroll remains an underserved part of the enterprise for multinational organizations • Inefficiencies across technology, people and processes • Lack of payroll data visibility to support cost analysis and compliance • Lack of system integration to ensure data accuracy and integrity • Limited ability to establish regional/global SLAs and KPIs to measure payroll performance 2 FRAGMENTED PROCESSES DISPARATE DATALEGACY SYSTEMS
  • 3. 3 COMMON PAYROLL CHALLENGES 14% 17% 21% 23% 25% Which Payroll challenges do global companies worry about most? Standardized payroll process • Inefficiencies across people, processes and technology solutions • Inability to leverage best-practices across payrolls • Pay frequencies and payment methods • Approvals and exception handling Compliance & security • Accurate and timely processing of payments and required reporting • Compliance related to work and pay rules • Internal policies and payroll regulations • Reliance on manual processes • Audits and remediation Local payroll requirements • Applying continual changes to legislation • Adhering to the existing rules and regulations • Achieving efficiencies across multiple cultures, languages and currencies • Physical interactions required in some countries • Varying data privacy laws Consolidated reporting & analytics • Lack of payroll data visibility to support cost analysis and compliance • Limited ability to establish regional/global SLAs and KPIs to measure payroll performance System integration & automation • Lack of integration and self-service • Questions about data accuracy and integrity • Costs associated with relying on manual processes Sources: EY - Global Payroll Survey, 2014 and Hackett Group - Payroll Sourcing Optimization 2014.
  • 4. 4 CHALLENGE OF MANUAL PAYROLL CALENDARS • Without clear, deadline-oriented ways to view key payroll processing dates, teams struggle to meet deadlines • Organizations waste a lot of time monitoring separate calendars to understand important deadlines and deliverables • Some run 80 different payrolls with 80 different calendars, created with no standardization or global oversight Lack of standardization, collaboration, updates, and global oversight Portugal France Brazil China USA India Canada
  • 6. 6 • Run payroll in over 120 countries, with support in 20+ languages • Standardized & flexible integrations, controls and compliance • Outstanding service & support: 99.9%+ SLAs • Real-time payroll analytics & reporting solution CLOUDPAY GLOBAL PAYROLL SOLUTION We built a powerful platform with flexible features that bring new possibilities to global payroll Fully SSAE 16, ISAE 3402 and ISO27001:2013 certified, HTTPS & high-grade AES-128 encryption
  • 7. 7 WHAT OTHERS ARE SAYING ABOUT CLOUDPAY ACHIEVER Recognized as market leader and ‘Achiever’ in Everest Group’s 2016 study on Multi-Country Payroll Platforms. “ ” TRUSTED Truly the first system our team enjoys using, and everyone in the organization can trust. “ ” TRANSFORMER Winner of prestigious 2016 Global Payroll Transformation Award for automation and compliance controls. “ ” EFFICIENT Automated and efficient process from information upload through to employee pay. “ ” LEADER Recognized as a leader in multi- country payroll services, technology, user experience, and HR cloud integration. “ ” PRODUCT OF THE YEAR Awarded 2016 Payroll Software Product of the Year award by Payroll World Awards “ ”