GLOBAL PAYROLL MAGAZINE
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frameworks and documents required to manage your global workforce.
ticking, and you gain the added benefit of building a rich data foundation that you can then use to gain insights into employee performance, operational bottlenecks and areas where you can streamline efficiencies. Payroll technology is an enabler for companies wanting to manage a global workforce better and meet compliance expectations. It will help transform legacy business processes into an accessible and manageable ecosystem where complexities are simplified, and manual tasks automated. With the right technology partner, companies can say a not- so-fond farewell to manual labor, unnecessary costs, and burdensome compliance complications and replace them with an optimized digital framework that makes employee and business life easier.
However, for companies not wanting to hire teams of legal and compliance experts – the cost factor alone can be prohibitive for many – there is the option of investing in a centralized global payroll solution designed to manage the complexities of the global workforce. A payroll management tool designed with global growth and hiring in mind will ensure consistent compliance with national and local laws while synchronizing payroll processes to deliver timely and accurate payments. You want a payroll solution capable of proactively anticipating regulatory changes, centralizing data for rapid visibility and giving you the tools you need to streamline your admin. A global payroll solution can help you automate manual tasks such as data entry and compliance checks. This alone will reduce time spent on admin and help reduce the risk of errors. Your payroll teams can then prioritize employee engagement over box-
Author: Rick Hammell
With over 16 years of experience in Global HR Operations management, Rick Hammell is currently the Founder and CEO of Helios, a new HCM and Payments platform launching later this year. He is also the Founder of Atlas, an HR Tech company he established in 2015. Driven by his dedication to streamlining global expansion, Rick pioneered the innovative Direct Employer
of Record business model, specifically designed to support companies with ambitious international aspirations, while fostering equitable opportunities for businesses to compete on a global scale.
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