Report
Streamlining global payroll: from chaos to consolidation
Managing payroll can be a struggle at the best of times – and it’s even more difficult when it involves a global team. Discover the challenges of global payroll and a roadmap to consolidate fragmented systems into unified payroll heaven.
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Report Summary
We’ve teamed up with payroll experts to create this comprehensive guide about taking global payroll from chaos to consolidation. Understand the challenges that global companies face and the ways payroll complexities can be ironed out – including via Multiplier’s Global Payroll solution.
Some of the things you’ll learn
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Payroll hurdles that global companies face
Best practices for addressing pressure from employees, fragmentation, and compliance problems -
The roadmap to consolidating payroll vendors
We’ll explore how to identify business needs, select a vendor, and implement the solution -
The power of Multiplier’s Global Payroll offering
This is a global payroll you can count on, offering you full control of the end-to-end process
Identify business needs
As more companies look for and employ global talent, it’s important for them to think about the features they need most in a payroll solution – such as automated compliance.
“In an environment where compliance requirements are continuously shifting, relying on manual processes exposes businesses to unnecessary legal risks and potential financial liabilities.”
Ian Giles
Global Payroll and People Leader
Moving to a new solution
Implementation and transition planning
To avoid adding to existing complexity, moving to an integrated payroll solution requires careful forethought.
Solidify payroll strategy
There’s a worrying lack of strategic thinking around global payroll strategy, leaving many businesses unaware of the challenges and costs.
Just 67% of companies have a formalized payroll strategy in place as of 2021, indicating a potential lack of awareness about the challenges and costs.
Streamlining
global payroll
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Takes the stress out of international hiring
Extremely easy to use and intuitive interface. Intricacies for each country are broken down in easy to understand steps with clear decision points. My mind is at ease that I'm in full compliance with local laws.
Multiplier gives us a chance to expand our business
Multiplier gave us a chance to work with an employee and onboard in Germany. It provides a lot of business opportunities for mid and small-size companies. It's a user-friendly tool. When a user has a question, customer support is very quick to respond and support you.
Multiplier plays a crucial role for our company
What I appreciate about Multiplier is its user-friendly platform and comprehensive resources that facilitate client usage. Managing the admin dashboard and my personal account is convenient. Multiplier plays a crucial role in managing some of our HR processes, from onboarding to offboarding to payroll.
