HR Technology

Implementing A Global Payroll Software Solution

Published on 16 Mar 2022

Managing a global enterprise, and therefore its massive payroll obligation, is no longer an elusive exception: it is the reality for many organisations in order to remain competitive. As borders open up again, business expansion will naturally follow. Perhaps your organisation is exploring a new territory to grow into, or else you want to better manage your global workforce. Regardless, what makes global payroll a complex operation is not just the scale, but the major differences in regulations and compliance matters that surround the payment of employees in different countries.  


The right global payroll software will undeniably support your company’s growth strategy. In order to get the right software that suits your unique organisational requirements, you need to be sure that it ticks all the boxes. In this blog post, we will go over what is global payroll software, and what features are crucial for a global multinational corporation. 


What is global payroll software? 

Global payroll software is an end-to-end technology platform that enables the automation and management of payroll operations across different countries. Once up and running, global payroll software can aid operations in other departments through a variety of different integrations. This automation of data can be a huge asset, both for payroll accuracy and for more efficient operations across a business as a whole. 


Important features of global payroll software 

While your company’s exact requirements may be unique due to the industry you are in and your exact multi-country footprint, the main features required of a global payroll software that meets your needs are universal, such as: 

  1. Seamless integration with key HR and accounting systems 

The technology should be integratable to the existing company backend software, be it Workday, Oracle Peoplesoft or SAP SuccessFactors, for a seamless experience. Integration allows for payroll data to be interlinked with key accounting and HR metrics, to keep track of leave, time and attendance and overtime, so that every employee’s payroll is processed correctly. 


  1. Real-time, up-to-date compliance updates across your entire global footprint 

Even though your global payroll is handled by a single platform, employee payroll data in different countries will be handled differently according to country-specific legislative requirements. The right global payroll software solution will incorporate centralized compliance, as well as localised expertise across your global footprint. 


  1. User-friendly employee self-service for a great employee experience 

Not just an employee portal to access electronic payslips or enter leave data, employee self-service can reduce the burden of administration on global payroll and HR teams. Giving employees control and on-demand access to their personal payroll information also improves the employee experience. 


  1. Automation of payroll checks for timely and accurate payroll 

Due to consistent and up-to-date global payroll data and system integration, some payroll checks and operational steps can be automated. This minimises human error and ensures that your employees across all countries are paid the right amount, each time.  


  1. Data insights and strategic HR support 

If your global payroll data is centralised, it will be easier to derive powerful insights for leadership to take action on. The right software needs to be able to provide support across all granular and high-level metrics to drive your organisation’s business strategy and further expansion. In addition, the standardisation of payroll data should empower HR to manage employees, departments and territories more efficiently by focusing on strategic matters.  


Choosing the right global payroll software for your organisation 

Ultimately, the global payroll technology that is best for your organization depends on many factors, such as your size, industry and future growth plans. In particular, your current number of country operations, and the number you want to expand into, is important: your global payroll software provider must be able to match your global footprint, now and in the near future for seamless expansion.  


Where global payroll software will really make a difference is if your multi-country payroll operations is still supported by a complex network of different local providers, which means inconsistencies in data formats and inability to integrate.  This is where a more integrated, standardized solution can be ground-breaking. 


OS HRS is a leading provider of payroll and human capital management solutions for global leaders. Find out more about our global payroll and HR software solutions here. If you’d like to explore in depth how OS HRS can support your unique global payroll needs, leave your details at our “Contact Us” form above.

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