and rigorous access management to safeguard sensitive data. The Fundamental Steps to Payroll Maturity The payroll maturity journey moves through four levels—basic, medium, advanced and best in class—across all eight domains. In assessments, most organisations typically Beneath this average, however, 15–25% often perform at a basic level, exposing the wider enterprise to significant risk of non-compliance or security issues. land at the early “advanced” stage.
Six core steps guide organisations towards optimising their payroll operations. 1. Assess the current state Map processes, identify risks and gather data across all eight domains. 2. Share findings with opportunities, pain points and gaps to HR, finance, IT and leadership teams. 3. Validate the need for change This is often the most delicate stage. Securing alignment, especially across multiple countries, requires early engagement and transparency. 4. Build the business case stakeholders Communicate
Automation, and increasingly artificial intelligence (AI), is now essential for resilience. Yet many organisations fragmented systems, causing IT teams to spend 25+ hours per week managing data flow between payroll still depend on spreadsheets or and other business systems. Integrated platforms significantly reduce workload and error risk. 7. Legal and statutory compliance into payroll processes is no longer optional. Mature functions conduct regular audits, maintain compliance Embedding up-to-date regulatory intelligence, and are equipped to respond to multi-jurisdictional requirements with confidence. 8. Payroll security Strengthening the data security of their global payroll is a top priority for many organisations. Mature systems employ
Mature functions conduct regular audits, maintain up-to- date regulatory intelligence, and are equipped to respond to multi-jurisdictional requirements with confidence.
advanced security controls, incident- response protocols
04:05 I 61
ISSUE 18 GLOBAL PAYROLL MAGAZINE
Made with FlippingBook - Share PDF online