How Payslip empowers global payroll professionals
At Payslip, we’re in regular contact with global payroll professionals, payroll managers and industry leaders- and we have developed a strong understanding of the challenges they face on a daily basis as well as what some of the solutions to these challenges might be.
Global payroll professionals do an outstanding job and have proven to be extremely committed and diligent when it comes to ensuring that international employees around the world are paid accurately and on time. It is therefore extremely important to ensure that they are equipped with the right tools and any new, innovative technology that can help them do their jobs in a more efficient way.
Global payroll operations and processes have become complex and challenging over the years as multinational companies scale into new territories and on-board new employees in multiple different countries and regions. A multi-vendor payroll provider network and local country subject matter experts also need to be managed along with data inputs coming from other systems such as finance and HR.
There is a lot going on in the delivery of global payroll and the good news is, there is a lot of digital technology out there to help payroll professionals continue to deliver it in an optimized way. In this article, we’re going to examine how the Payslip platform empowers global payroll professionals by supplying them with digital innovative tools that help them to work in a smarter, faster and better way.
Global payroll professionals therefore require self-serve access to run their own real-time reporting so that they can be agile and responsive to these requests as they come in. The Payslip platform features a reporting suite that provides real-time access to consolidated pay and cost data, delivering analytical insights on entity, country, payroll, or employee level. This flexible tool enables payroll professionals to pull their own reports, when and how they want- This way, global payroll professionals can get on with their jobs while feeling empowered and capable.
Payslip provide automation and integration technology solutions on a user-friendly cloud platform to help streamline global payroll management. The innovative digital tools available on the Payslip platform are designed to help global payroll professionals around the world manage global payroll operations in a better and more efficient manner. This is about empowering people with the right kind of tools so that they may use their expertise to improve global payroll processing and contribute more to business growth and overall company strategy.
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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
Payslip positions your team for success, and allows you to onboard hundreds of people when you need them very quickly and efficiently, in the same way for each country. The uniformed approach empowered our payroll teams to keep pace with our business.
Payslip also made our payroll process entirely transparent, which is invaluable to our payroll teams as we continue to grow and scale at such a rapid pace.
HR Systems Lead, Wave