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Payroll management has evolved significantly with the integration of analytics. Previously focused on ensuring accurate and timely employee payments, payroll is now a strategic business tool. The Power of Ana in Global Payroll Management
By Vidhi Kachru
Data analytics enables deeper insights into employee compensation, productivity, and financial management, transforming global payroll from a routine task into a critical component of strategic business planning. This transformation empowers companies to make informed decisions, optimize operations, and enhance overall business performance while improving employee experience. In a multi-country payroll scenario, operational teams typically struggle with global reporting and analysis across countries, entities, and locations. Payroll reporting and analytics have become increasingly important owing to compliance issues associated with aspects of oncosts, provisions for leave accruals, workers’ compensation, and payroll taxes.
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