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ISSUE 5
Increased Agility: Imagine rolling out new features and updates quickly. This is crucial for ensuring payroll systems align with evolving tax and social security regulations. A proprietary cloud-native platform enables rapid payroll feature deployment, quickly adapting to evolving client and business needs. Improved Scalability: The system efficiently handles any workload, from a few new hires to thousands, scaling seamlessly with your company’s growth. Enhanced Resilience: Unexpected disruptions happen, but with strong fault tolerance and disaster recovery, your payroll system stays secure and operational. Improved Developer Productivity: Faster development and deployment cycles ensure continuous system improvements. This enhances functionality and efficiency, allowing the system to meet evolving payroll requirements, such as policy changes to create new pay elements or updates to the GL file for new finance module adaptations. Looking Ahead: The Future of Payroll As organisations expand their global footprint, managing payroll across multiple jurisdictions becomes increasingly complex. However, with the right tools, strategies, and expert support, businesses can streamline payroll operations, ensure compliance,
and reduce errors, enhancing employee experience and supporting global growth. To thrive in the future of payroll, companies must focus on efficiency, accuracy, and scalability. Modern payroll systems are no longer just about calculating salaries—they’re a strategic business function that can significantly impact organizational success. Thus, navigating a multi- country payroll may seem daunting but it’s a worthwhile endeavour.
Author: Abhinav Sinha Abhinav is the Country Sales Head, Ramco Systems , ANZ. He comes with
close to two decades of experience in the Software and IT Services industry. Passionate about SaaS solutions, Abhinav believes this to be the best timing to be in the industry as Ramco is uniquely positioned at a pivotal time for the HR and payroll solutions business. His deep knowledge in the industry and strong leadership are driving growth and innovation in the region’s HR tech landscape.
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