Ten Global Payroll Challenges (and How to Overcome Them)

Shared Services & Outsourcing Network ( SSON) takes a look at ten of the biggest challenges associated with moving to a global payroll system – and gives a few suggestions on how to get around, over or straight through these challenges and move further down the path to payroll process perfection…

By Jamie Liddell: As multinationals continue the search for process excellence and economies of scale, more and more processes are being standardized and centralized, whether within a true shared services organization or otherwise. One of the more recent entrants to this increasingly crowded stage is payroll: more and more organizations are making the move form disparate local, national or regional payroll systems to one global payroll operation, centralized and optimized and yielding significant cost savings. But its not without its challenges....

1. Optimizing local payroll operations
2. Ensuring compliance
3. Getting the right balance between optimized global processes and local flexibility
4. Getting accurate, real-time reporting
5. Keeping down technology acquisition and maintenance costs
6. Ensuring employee confidentiality
7. Getting the right KPIs
8. Ensuring buy-in from the C-suite
9. Prioritizing geographical transition
10. Getting the right structure: how many centers and why?

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