Payroll System Innovation: Yesterday, Today and Tomorrow

Ultimate Software

Recently, I co-presented a webinar to prospective customers about the “ Evolution and the Future of Payroll.” And the second was a firm reminder that we can never forget about the core functional needs of our payroll system customers. Should payroll systems be innovative?

Empower your line managers with powerful people payroll analytics

Ascender

So HR and payroll technologies are critical to the issues of power and trust and access for your business leaders. Transform people management with analytics. Analytics has the power to support the transformation of HR from a reactionary discipline to an indispensable business partner.

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How AI Is Impacting the Future of Payroll

Ultimate Software

Are you prepared for the future of payroll? Payroll is perhaps the most ubiquitous business function—everyone needs to be paid! In theory, the function of a payroll system is simple: You pay your people and distribute their contributions accurately and on time. Payroll is subject to a myriad of ever-changing complexities, from tax codes and distributions to bonuses and personnel changes. Reskilling Opportunities for Payroll Professionals. Payroll Technology

Why 2021 is the Year You Invest in Payroll Software

Netchex HR Blog

For the many businesses and HR professionals who have avoided the payroll software conversation for too long—this is your year! THIS is the year you finally invest in payroll and HR technology software. Payroll is crucial to your business. Empower employees with payroll software.

Global Payroll Reporting: What Good Looks Like

Speaker: Amber Morris, VP Commercial Development, Immedis

If you can’t measure it, you can’t manage it. In a data driven world, reporting is becoming increasingly more important for driving key business decisions. With real time, up-to-date information on your organization housed within your payroll department, global payroll reporting has fast become a hot topic for multi-national companies. Board level reports with accurate, real time information is the end goal. But better reporting starts with good data.

Why HR Needs Mid-Level Analytics Projects

Visier

The most exciting stories of people analytics involve big data yielding surprising findings that deliver an enterprise-wide impact. Dozens of analytic projects for the mid-level can be done every year. The reason mid-level analytics projects are so important is that these reliably generate a string of successes that show stakeholders the worth of the analytics function. How to Succeed with Mid-Level Analytics Projects.

How a Global Payroll Solution Can Address Your Global Payroll Challenges

Immedis

Payroll holds the key to business success.” 2019 Global Payroll Complexity Index. In conversations with business leaders, regardless of the industry, the topic of global payroll always comes up. The key, though is a global payroll solution.

How Touchless Payroll is Reshaping the Future of Global Payroll

Immedis

We spoke with the Managing Director of Links International, Scott Thomson, who offered insights into the benefits of a single source of truth and what he believes will be the future landscape of global payroll. Why is integration so critical for a global payroll platform?

New Year, New Payroll: A Checklist for Improving Payroll Processes and Making Life Easier in 2021

Immedis

You may be looking to progress your career, get more recognition from business leaders, make your payroll runs a lot easier…or simply be able to get holidays without worrying about payroll. Integration of your Global Payroll and FMS for automated GL entries and reconciliation.

Ten Reasons Why Netchex is the Best Payroll Software for Small Businesses

Netchex HR Blog

Payroll software and other HR technologies can significantly lighten the load for small businesses, while also providing stability, consistency, and overall peace of mind. By now you know that payroll is more than handing out a few paychecks. Payroll automation is your best friend.

A Truly Global Payroll Solution Must Offer User Language Preferences

Immedis

By its very nature, global payroll means that part of a payroll professional’s day involves dealing with a variety of countries and languages. We currently provide payroll services in over 150 countries. We believe payroll data is critically important to organizations.

Is an outsourced payroll approach beneficial for your business?

Ascender

This question seems simple enough: do you keep your payroll services in-house, or do you outsource this function to a third-party provider? Finding the right approach to outsource payroll. Every business has its unique culture and requirements for its payroll practices.

Configuring your Payroll System for Increased Performance

Ascender

Life “in the cloud” and analytics have created a revolution in the traditional HR department. Advances in Payroll and HR systems have been at the forefront of this revolution. Payroll systems can contribute to employee engagement by offering access that is available 24/7.

5 Key Areas to Address in Your Global Payroll Strategy

Immedis

Future-proofing your global payroll operations requires enacting a robust and scalable global payroll strategy that addresses a number of key areas. Are you currently in a position where you need to streamline and consolidate your global payroll operations? Payroll effectiveness.

3 Key Global Payroll Models Explained

Immedis

Industry experts predict that this year the global Payroll, HR and Services market value is approximately $21bn. Such phenomenal growth means that we will see massive transformation and the face of global payroll will evolve at a rapid pace over the next decade. Local payroll vendors.

Immedis’ 5 Elements of Best in Class Global Payroll Technology

Immedis

4) Reporting & Analytics. A few years ago, we researched and identified the gaps in the global payroll market. We developed our global payroll platform, iConnect, which provides a single, consolidated view of our client’s global payrolls in one, easy to use dashboard. Data comes in many forms from your HR, Time & Attendance and Finance systems to help facilitate payroll every pay cycle. The payroll cycle never changes.

Workforce analytics Part 1: Exposing payroll leakage

HR Times

Do you know if you are spending more on payroll than necessary? Analytics-driven solutions are different. If the business case warrants it, analytics can then inform labor cost optimization initiatives to correct practices and situations that inflate payroll costs. While payroll registers and other financial reports can show dollar amounts and trend lines, they don’t offer insights into what the numbers actually mean in terms of good or poor performance.

Workforce analytics Part 1: Exposing payroll leakage

HR Times

Do you know if you are spending more on payroll than necessary? Analytics-driven solutions are different. If the business case warrants it, analytics can then inform labor cost optimization initiatives to correct practices and situations that inflate payroll costs. While payroll registers and other financial reports can show dollar amounts and trend lines, they don’t offer insights into what the numbers actually mean in terms of good or poor performance.

Are You Tracking Gobal Payroll Metrics?

Immedis

Payroll is increasingly under greater pressure to deliver data and in volumes and categories often overlooked. While producing reports is not exactly a new phenomenon to payroll professionals, what is new is the breadth and depth of reporting now requested. Payroll managers.

5 keys to successful payroll leadership

Business Management Daily

When you’re knowledgeable about how other aspects of your business work, payroll professionals are better able to make recommendations on process improvements. Gow’s first pillar of payroll leadership is maintaining compliance. Expanding analytical skills.

Predictive Analytics in HR: The Game Changer

CakeHR

Predictive analytics in HR is one of the most recent key trends to follow in 2018 and there’s good reason for it – businesses need it, especially if they want to keep up with their competition! For those of you that are still asking the question ‘What is HR Analytics?’ let’s take it back to HR analytics…. HR analytics. Simply put, HR analytics is the data-driven approach to strategic planning by the Human Resources function. Predictive Analytics in HR.

Our Predictions for Global Payroll and HR in 2021

Immedis

We asked customers, our executive team, our Payroll Operations team, and partners to give us their take on global payroll in 2021. Taking both into consideration, we do see a trend to outsource payroll, which then challenges digital workflows. 8 Elevation of payroll. .

6 Simple Ways to Uncover Hidden Payroll Costs

Immedis

As you review your payroll operations, keep the following in mind: Headcount inefficiencies. HR and payroll professionals spend much of their day handling manual data manipulation, performing data transfers, and reviews. How much does it cost you to manage your global payrolls?

“People First” Software Key to Merging People, Tech in Future of Payroll

Ultimate Software

Payroll is like the heart of an organization: when everything’s running smoothly, it’s occasionally taken for granted; but if something goes wrong, the results can be disastrous. Considering the tremendous accuracy and coordination required, coupled with the daunting task of countless variables changing each pay period, it’s not difficult to understand how and why payroll mistakes can happen. The future of payroll is coming. Payroll Technology APA Congress

How to Unleash Your Strategic Payroll Potential

EmployeeConnect

Savvy business and thought leaders have begun to realise that payroll processing plays a greater role in achieving strategic business objectives than just providing transactional accuracy. Integrating and streamlining strategic payroll processes saves money, empowers employees and identifies areas where efficiencies of scale can be realised. Payroll data routinely affect every employee, so investing in self-service automation just makes sound financial sense. Payroll

Check Out How the Latest Immedis Platform Updates Simplify Global Payroll Management

Immedis

We know that global payroll is a complex, nuanced process, one that keeps everyone on their toes. We know that payroll processing means a lot of data entries. Now you can have a dedicated permission for personal segregation of manage payroll vs. close inputs.

Future-Proof Payroll

HRO Today

Payroll transformation has become a priority for many organizations, finds NelsonHall’s annual Next Generation Payroll Services study. Historically, payroll has long been treated as a simple cost center, and frankly, many payroll departments have gotten by with disparate and outdated—albeit reliable—platforms that lack global reporting capabilities and require burdensome manual processes. As a result, global payroll transformation has become a priority.

3 Key Global Payroll Models Explained

Immedis

Industry experts predict that this year the global Payroll, HR and Services market value is approximately $21bn. Such phenomenal growth means that we will see massive transformation and the face of global payroll will evolve at a rapid pace over the next decade. Local payroll vendors.

Get Payroll out of the bunker and into the business: How Payroll can (and should) support management

Ascender

The time has come to get payroll out of the bunker and into the depths of your enterprise. Payroll management is not just about keeping on top of non-compliance or incorrect payments. It is not always easy to get what you need from payroll. Transforming payroll.

How can HR Analytics Boost Talent Management?

Analytics Training

From an HR Analytics perspective, especially, the task becomes all the more complex due to the requirements and needs of people from diverse backgrounds. Check out the pros of HR analytics and the advantages it can bring to your workplace. appeared first on Analytics Training Blog.

HR Analytics for Better Data-Driven Decisions

SutiHR

People analytics can provide HR teams with better data collection, reporting, and the information required to make data-driven business decisions. HR analytics make data accessible to HR professionals; whether they require the latest information on time and attendance to streamline the scheduling process or a payroll report to address issues. The post HR Analytics for Better Data-Driven Decisions appeared first on SutiHR.

Global Payroll Q & A with George Delaney, CFO Immedis

Immedis

As CFO, what are your payroll/workforce planning pain points? What factors do you consider as critical when you review payroll strategy? When planning, what tools do you leverage to best capture the payroll and workforce planning models?

Kickstart your HR people analytics

XCD

Kickstart your HR people analytics Various respected technology analyst and industry commentators agree that people analytics is a top priority for HR, but few organisations seem to be really nailing it.In 2017, Bersin by Deloitte found that businesses with analytics capabilities ‘produce output that is 5% to 6% higher on average’. The same report indicated […] The post Kickstart your HR people analytics appeared first on XCD.

7 Business Reasons to Consolidate your Global Payroll

Immedis

As a senior sales executive for Immedis, I have had the pleasure of talking to many payroll and HR professionals. For the most, we only think about payroll when something goes wrong, and suddenly, your paycheck is lighter than it should be. The changing face of payroll.

The importance of the HR analytics for HR processes

Talentia

The importance of the HR analytics for HR processes. In 2018, 58% of the managers consulted by Markess by exaegis already considered analytics to be an important issue for the HR function. HR Analytics gathers and enhances the value of all the company’s HR data.

Global Payroll Models: Determining the Right Model for You

Immedis

You’ve decided to evaluate your current global payroll model and see if it’s still right for the needs of your organization. In our previous blog , we explained the 3 key global payroll models and what each offers. What is your payroll profile? The Payroll Team.

Deloitte Research: How Successful Organizations Use People Analytics to Drive Decision-Making

Visier

Whether you are examining your sales pipeline, the success of a marketing campaign, or employee retention, data and analytics are essential for business decision-making. Despite this, many companies still overlook people analytics when it comes to solving complex business problems. Yet, despite this clear advantage, only 2% of organizations have reached a high level of people analytics maturity. Let’s look at one of the examples from the High-Impact People Analytics study.