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Any discussion on outsourcingpayroll will always have one question: What will be my cost savings on this? The good news is, outsourcingpayroll is already proven to be more cost-effective in the long run: companies who outsource save an average of 18% more than those who manage payroll in-house.
Traditionally payroll has been managed via a local vendor, either outsourced or in-house, but in the last few years the proportion of large, global companies deciding to use a single, globalpayroll system (even if not necessarily on a single instance) has grown quite substantially.
2021 saw the introduction of numerous new capabilities to the Immedis globalpayroll solution that remove manual tasks and streamline the payroll process. It delivers a new pay experience that supports the financial wellness of workers at the pace of real life.
This focus has allowed them to proactively pull required data at the last possible moment in the payroll cycle through web service requests and responses, permitting them to provide a far more sophisticated and optimised payroll processing cycle by dramatically simplifying multi-country payroll processing.
2021 saw the introduction of numerous new capabilities to the Immedis globalpayroll solution that remove manual tasks and streamline the payroll process. It delivers a new pay experience that supports the financial wellness of workers at the pace of real life.
An excellent candidate for automation, payroll processes typically involve huge amounts of repetitive manual work like data entry, adjustments and reconciliation. The Deloitte GlobalPayroll Benchmarking Survey reports that 45% of payroll staff in EMEA say manual payroll input is the most time-consuming aspect of payroll, for example.
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