Current Situation
Multinational organizations struggle to combine local payroll compliance with global transparency and efficiency. The complexity of managing payroll in multiple countries, each with its own set of regulations, tax systems, and compliance requirements, is challenging and is not easily contained within any global payroll solution.
Goals and Objectives
Goals:
Combine all payroll data in one system while achieving compliance across markets including for tax accountability.
Strategies:
Evaluate the organization’s exposure to discrepancies between where employees are paid versus where their tax accountabilities are registered. Select a payroll partner and structural type — PEO, payroll, or EOR — that can manage and reconcile across multi-geography compliance and risk management.
Technology Deployed
Payroll automation
Payroll outsourcing
Employer of record
Global payroll networks
PEO
Payroll analytics and modeling
Use Case Summary
Organizations are leveraging global payroll platforms in combination with partnering with specialized local providers to ensure a unified overview as well as accuracy, consistency, and compliance across all countries. Embracing such technologies ensures that companies can compensate their entire workforce from one solution while remaining compliant with local laws.