Shared Services is taking a leading role in driving standardized, digitized, and increasingly automated services, mainly through F&A and HR. Another year with significant financial functions within the organization that has yet to undergo global process facelift is Payroll. Does this area manage an enterprise's most significant expense, human resources? Country-specific regulations have, to a certain extent, prevented Payroll from taking its place among "global processes," but this also means it has failed to leverage the transparency and benefits that implies. Today, there is new awareness around Payroll's outputs, which, combined with Workforce Analytics, offer significant strategic value. During this session, attendees will:
- Discuss how to re-evaluate your Payroll strategy and identify new ways to optimize it
- Explore Payroll's Achilles Heel: local compliance considerations and multiple systems
- Share insights if reality or myth for Payroll to move from an international function to a global one?