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ISSUE 7
Preparing for the Future:
Emerging Trends in G Payroll for the New Y
By Rick Hammell
Welcome to the future of payroll, it brings companies increased agility, growth and scale within digital frameworks that streamline operations, compliance and functionality.
As more organizations adapt to a global workforce model, there is a demand for time-saving and cost-effective measures. Businesses managing multi-country workforces need payroll technology that will run smoothly, and ensure on-time payments, data protection, compliance, and more. On top of everything, the growing regulatory demands and cybersecurity concerns are playing no small role in the rapid evolution of payroll technologies and solutions. The complexities and challenges of payroll remain a pain point for business leaders.
It is a demand reflected in the market’s growth – research from The Business Research Company forecasts growth at a compound annual growth rate (CAGR) of 3.8% to $89.97 billion by 2028. Trends shaping payroll technology, such as Artificial Intelligence (AI), automation, personalization, scalability and workforce management, are shaping how firms will integrate and invest in payroll technology moving forward.
The global payroll market is shifting and continues to see significant
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