GLOBAL PAYROLL MAGAZINE
29
omplexities of yroll
“The end of payroll software life is a
in each region. This approach leads to significant complexity due to cumbersome coordination across different systems and vendors, along with manual intervention in reporting and compliance. Missing Single Source of Truth for Payroll: Global CXOs are often late to the party when it comes to information. Non-availability of a single source of truth for payroll at the central level leads to fragmented data and inconsistent reporting.
major blow for any organization. While obsolescence is a natural part of the software lifecycle, it’s becoming a more frequent challenge for organisations today. ”
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