Why Finance and Payroll Must Work as One

Why Finance and Payroll Must Work as One

Historically, U.S. firms have held finance and payroll functions as parallel and distant units. Payroll processes labor costs, and finance computes expenses. Given the current workforce imbalance, leaders have recognized the greatest distance between functions that...
How Integrated HR & Payroll Systems Improve Compliance

How Integrated HR & Payroll Systems Improve Compliance

Most US companies think they are most vulnerable to compliance issues, such as missing a filing deadline or an overlooked labor update. In reality, the greatest risk is something much more basic: disconnected systems.  When HR and payroll don’t operate together,...
Payroll GDPR: What U.S. Employers Must Know

Payroll GDPR: What U.S. Employers Must Know

The vast majority of U.S. employers have labeled GDPR as a “European problem.” It is not, at least once you hire, pay, or store employee data connected to the EU. Payroll information is among a company’s most sensitive personal data. Salaries, tax IDs, bank...
How Global Payroll Systems Handle Local Benefits

How Global Payroll Systems Handle Local Benefits

The majority of issues related to global payroll do not originate from the payment of salaries, but rather from the provision of employee benefits. One employee may be entitled to mandatory health benefits, while another employee is entitled to statutory pension...