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aren’t sufficient. Nearly half of businesses that initiated HCM transformation in recent years haven’t established the necessary groundwork for sustained success. It’s not enough to want change, companies must commit to a structured, strategic migration backed by clear, realistic planning. This requires dismantling silos and adopting an integrated approach across HR, IT, Finance, and Payroll. Currently, over half of businesses juggle multiple disconnected HCM systems, leading to fragmented processes, data inconsistencies, and frustrated employees. A cohesive cloud solution isn’t merely desirable; it’s essential. Strategic Cloud Transformation: Align, Engage, Execute Successful cloud migration is not just about technology - it’s about alignment. Medium-sized enterprises should leverage their agility, adopting phased

Advanced threat detection, automated compliance tools and integrated ESG reporting should form part of any reputable cloud solution. Security isn’t optional – it’s functional.

rollouts to accommodate resource constraints while selecting platforms ready for AI integration. Consolidating multiple legacy systems into one unified cloud platform can significantly boost transparency, productivity, and employee adoption. For larger enterprises, migration must be treated as strategic re-platforming. Cross- functional governance teams are vital, ensuring technology decisions align directly with employee needs. Cloud solutions should integrate advanced AI capabilities to streamline workforce planning, enhance ESG reporting, and deliver powerful analytics. But AI’s potential hinges on

a critical foundation: consistent, transparent communication that addresses employee concerns and secures their trust. Reaping the Rewards of Real-Time Data and Intelligence Modern cloud-based HCM and ERP systems aren’t just replacements for legacy infrastructure; they’re catalysts for business intelligence. Organizations migrating to cloud-based platforms have reported transformational benefits. Before migration, only 20% of businesses reported smooth payroll operations; after adopting

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GLOBAL PAYROLL MAGAZINE ISSUE 14

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