The costs of doing all this, per employee, are steadily rising year over year. Payroll management services is a equation to solve. In fact, according to Ernst & Young, 55% of global firms doubt they will ever find a payroll solution that satisfies their payroll processing services needs. On top of this comes the required technology infrastructure, which can become particularly expensive when a company operates in multiple locations across the world.
However, in order to reap the benefits of standardisation and automation, HR and payroll can work in harmony. Working with a single supplier and implementing a cloud will help organisations move forward on this journey and further reduce costs.
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