Payroll is not a one-size-fits-all endeavour. Whilst the last few years have produced significant hurdles for payroll teams, 2017 continues to cast a net of real challenges and perhaps also a few red herrings.
In this paper we discuss security threats that impact payroll and highlight complexity issues that have had significant reputational impacts on companies. Businesses today must take into account their organisational goals and their cultural and industry practices when deciding how best to approach payroll strategically. Managing payroll has become a complex and sensitive process that can have lasting effects on an organisation when things go wrong.
Many companies face making the decision to outsource some or all of their payroll activities, allowing their HR and Finance functions to devote more time to the company’s strategic plans, helping drive productivity, leadership, engagement and innovation. In this issue, we cover considerations that you need to account for when faced with this decision.
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