Global payroll reporting – who needs it?
Global employers who choose to run their payroll on a country-by-country basis will always need access to consolidated multi country reporting in order to have the level of visibility and control they need to run it efficiently.
Multinational companies and digital organizations are scaling at faster rates than ever before and this creates an urgent need to set up and deliver global payroll in different countries and territories. These new payroll countries need to be controlled and managed, often as part of a wider global payroll strategy.
Access to consolidated multi country reporting is essential if global payroll managers want to remain in control of the payroll process. But global payroll reporting is not just for the global payroll team-there is a growing range of stakeholders at multinational organizations who wish to learn about global payroll costs and processes.
In this article, we will examine who needs global payroll reporting, what are the reasons they need it for and how digital tools that deliver multi country reporting can supply key individuals and departments with the level of global payroll understanding they need.
The Payslip Global Reporter
When you integrate with the Payslip global payroll technology platform, you can use our Global Reporter tool to run a wide range of different global payroll data reports. Our platforms enable multiple users at multinationals to be assigned individual authorization rights, then go in and run their own reports on a self-service basis in real time.
This has proven to be an invaluable service for many of our clients, who are under increasing pressure to deliver specific and varied global payroll cost reports to a range of different stakeholders within their organizations.
Enabling global payroll and other professionals in multinationals to access, schedule and customize reporting for a range of specific needs has served to transform global payroll reporting and delivery.
Some of the reports that can be pulled using the payslip Platform include:
You can implement Payslip’s Global Payroll Reporter faster than you might think. Our experienced team are here to help you get started. For more information, talk to us today.
Using Payslip, we can manage all our payrolls across nine in-country vendors on one platform. When the global Covid-19 pandemic arose, it was not an issue from a payroll perspective, and critically getting everyone paid. The Payslip platform enabled continuity for our international payroll service including the fast and seamless implementation of the Payslip Employment Self Service during this time.
Payroll Manager, LogMeIn
Payslip as a technology platform has added a missing piece in our payroll set-up. As an international company with offices in 16 countries, it’s important to us that every employee at GetYourGuide has the same great experience when accessing their pay data.
At the same time, we work well with smaller local payroll providers, supporting us with direct local expertise in their countries. We were able to combine those two elements by placing the Payslip platform in the middle, to simplify reporting and communication with local providers, and to have one simple employee-facing solution across all locations.
Head of HR, GetYourGuide
With business and employee growth rates of above 50%, we rely on our vendors to deliver on time, every time. Payslip’s workflow automation, enables Phorest to manage our payroll provider process – data driven, real time and transparent. Payslip saves us time so we can focus on our business growth.
International Payroll Manager, Phorest