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State of Global Payroll
THE STATE OF GLOBAL PAYROLL
Payroll remains an underserved part of the enterprise for multinational organizations
• Ineffi...
3
COMMON PAYROLL CHALLENGES
14%
17%
21%
23%
25%
Which Payroll
challenges do global
companies worry
about most?
Standardize...
4
CHALLENGE OF MANUAL PAYROLL CALENDARS
• Without clear, deadline-oriented
ways to view key payroll
processing dates, team...
CloudPay Solution
6
• Run payroll in over 120 countries,
with support in 20+ languages
• Standardized & flexible
integrations, controls and
...
7
WHAT OTHERS ARE SAYING ABOUT CLOUDPAY
ACHIEVER
Recognized as market leader and
‘Achiever’ in Everest Group’s 2016
study ...
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State of Global Payroll - CloudPay Global Payroll

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CloudPay provides managed global payroll services to multinational organizations through a single, unified SaaS solution. By delivering end-to-end managed payroll services through an innovative platform, CloudPay ensures consistent and compliant payroll around the globe while reducing operating costs and minimizing manual processes. CloudPay’s services and technology standardize the payroll function across geographies, helping organizations increase efficiency, streamline compliance, and achieve greater visibility into payroll performance and costs. The CloudPay solution is backed by deep industry expertise earned over twenty-plus years delivering services to over 2,400 multinational entities. CloudPay’s solution guarantees accurate payroll processing across 120+ countries in more than twenty-five languages. To learn more, visit www.cloudpay.net.

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State of Global Payroll - CloudPay Global Payroll

  1. 1. State of Global Payroll
  2. 2. THE STATE OF GLOBAL PAYROLL Payroll remains an underserved part of the enterprise for multinational organizations • Inefficiencies across technology, people and processes • Lack of payroll data visibility to support cost analysis and compliance • Lack of system integration to ensure data accuracy and integrity • Limited ability to establish regional/global SLAs and KPIs to measure payroll performance 2 FRAGMENTED PROCESSES DISPARATE DATALEGACY SYSTEMS
  3. 3. 3 COMMON PAYROLL CHALLENGES 14% 17% 21% 23% 25% Which Payroll challenges do global companies worry about most? Standardized payroll process • Inefficiencies across people, processes and technology solutions • Inability to leverage best-practices across payrolls • Pay frequencies and payment methods • Approvals and exception handling Compliance & security • Accurate and timely processing of payments and required reporting • Compliance related to work and pay rules • Internal policies and payroll regulations • Reliance on manual processes • Audits and remediation Local payroll requirements • Applying continual changes to legislation • Adhering to the existing rules and regulations • Achieving efficiencies across multiple cultures, languages and currencies • Physical interactions required in some countries • Varying data privacy laws Consolidated reporting & analytics • Lack of payroll data visibility to support cost analysis and compliance • Limited ability to establish regional/global SLAs and KPIs to measure payroll performance System integration & automation • Lack of integration and self-service • Questions about data accuracy and integrity • Costs associated with relying on manual processes Sources: EY - Global Payroll Survey, 2014 and Hackett Group - Payroll Sourcing Optimization 2014.
  4. 4. 4 CHALLENGE OF MANUAL PAYROLL CALENDARS • Without clear, deadline-oriented ways to view key payroll processing dates, teams struggle to meet deadlines • Organizations waste a lot of time monitoring separate calendars to understand important deadlines and deliverables • Some run 80 different payrolls with 80 different calendars, created with no standardization or global oversight Lack of standardization, collaboration, updates, and global oversight Portugal France Brazil China USA India Canada
  5. 5. CloudPay Solution
  6. 6. 6 • Run payroll in over 120 countries, with support in 20+ languages • Standardized & flexible integrations, controls and compliance • Outstanding service & support: 99.9%+ SLAs • Real-time payroll analytics & reporting solution CLOUDPAY GLOBAL PAYROLL SOLUTION We built a powerful platform with flexible features that bring new possibilities to global payroll Fully SSAE 16, ISAE 3402 and ISO27001:2013 certified, HTTPS & high-grade AES-128 encryption
  7. 7. 7 WHAT OTHERS ARE SAYING ABOUT CLOUDPAY ACHIEVER Recognized as market leader and ‘Achiever’ in Everest Group’s 2016 study on Multi-Country Payroll Platforms. “ ” TRUSTED Truly the first system our team enjoys using, and everyone in the organization can trust. “ ” TRANSFORMER Winner of prestigious 2016 Global Payroll Transformation Award for automation and compliance controls. “ ” EFFICIENT Automated and efficient process from information upload through to employee pay. “ ” LEADER Recognized as a leader in multi- country payroll services, technology, user experience, and HR cloud integration. “ ” PRODUCT OF THE YEAR Awarded 2016 Payroll Software Product of the Year award by Payroll World Awards “ ”

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