Blue Marble Blog
Does your Global Payroll need a Spring Cleaning?
Managing daily operations for a global business is challenging, and there’s rarely time to evaluate processes or make changes when things aren’t broken. But what if there’s a better way to manage your global payroll or employees overseas? Just like most of our homes, our global operations could also use a spring cleaning.
Here’s a top 5 list to help you get started:
- Get a global payroll checkup: Are you using different payroll providers in each country? Do you receive aggregated monthly reporting by country and currency? Do you have access to in-country experts when questions or issues arise? Do you have aggregated monthly reporting by country and currency? If the answer to any of those questions was NO, you need a cloud-based, integrated payroll solution to simplify your global payroll. Imagine all of your payroll on one monthly report, access to in-country providers, and a dedicated US team – that’s simplified global payroll.
- Global system integration: Are your global systems talking to your US systems? Integration is the key to streamlining your US and global payroll, time and attendance, and HR systems. Why use 3 or 4 different technologies when you could use one? Integrating your US and global payroll systems gives you access to Single Sign On capabilities, reporting functionality, and compliance tools that disparate systems do not.
- Global reporting and compliance: Who is in charge of your global compliance? Do you have a team or do you rely on individuals in each country of operations? When regulatory changes happen in countries overseas, the penalties for non-compliance are strict and severe. With GDPR changes in the EU going into effect May 25th, it is vital to have compliance measures in place (fines start at £20 million). A global compliance review should be on your calendar to make sure you are taking steps to ensure compliance in each country you operate in.
- Global Time and Attendance: Do you have a technology in place to manage your global time and attendance? How many countless hours (and dollars) are lost due to overages, errors, and rework? Automating your global time can save resources, and the reduction of human error leads to better budgeting and less potential for fraud overseas. Time tracking tools, reporting, and employee self-service are just a few of the benefits of a global time management solution.
- Global HR Management: How do you manage your employees all over the world? Do you have a global handbook or tools for on-boarding, creating culture, and managing performance reviews? Global HRIS systems that integrate with your payroll are vital to ensure a vibrant, global culture. The best systems offer integrated solutions, reporting tools to help management, and also offer employee self-service to reduce administration time. Automate your global HR and make your overseas employees happy at the same time – it’s a win win!
If your global operations need a spring cleaning, we can help – our global payroll, time and attendance, and global consulting services offer simplified, cost-effective ways to manage your overseas employees. Don’t let another year go by without making sure your global business is optimized and ready to scale. Talk to us today about our global solutions!
Managing daily operations for a global business is challenging, and there’s rarely time to evaluate processes or make changes when things aren’t broken. But what if there’s a better way to manage your global payroll or employees overseas? Just like most of our homes, our global operations could also use a spring cleaning.
Here’s a top 5 list to help you get started:
- Get a global payroll checkup: Are you using different payroll providers in each country? Do you receive aggregated monthly reporting by country and currency? Do you have access to in-country experts when questions or issues arise? Do you have aggregated monthly reporting by country and currency? If the answer to any of those questions was NO, you need a cloud-based, integrated payroll solution to simplify your global payroll. Imagine all of your payroll on one monthly report, access to in-country providers, and a dedicated US team – that’s simplified global payroll.
- Global system integration: Are your global systems talking to your US systems? Integration is the key to streamlining your US and global payroll, time and attendance, and HR systems. Why use 3 or 4 different technologies when you could use one? Integrating your US and global payroll systems gives you access to Single Sign On capabilities, reporting functionality, and compliance tools that disparate systems do not.
- Global reporting and compliance: Who is in charge of your global compliance? Do you have a team or do you rely on individuals in each country of operations? When regulatory changes happen in countries overseas, the penalties for non-compliance are strict and severe. With GDPR changes in the EU going into effect May 25th, it is vital to have compliance measures in place (fines start at £20 million). A global compliance review should be on your calendar to make sure you are taking steps to ensure compliance in each country you operate in.
- Global Time and Attendance: Do you have a technology in place to manage your global time and attendance? How many countless hours (and dollars) are lost due to overages, errors, and rework? Automating your global time can save resources, and the reduction of human error leads to better budgeting and less potential for fraud overseas. Time tracking tools, reporting, and employee self-service are just a few of the benefits of a global time management solution.
- Global HR Management: How do you manage your employees all over the world? Do you have a global handbook or tools for on-boarding, creating culture, and managing performance reviews? Global HRIS systems that integrate with your payroll are vital to ensure a vibrant, global culture. The best systems offer integrated solutions, reporting tools to help management, and also offer employee self-service to reduce administration time. Automate your global HR and make your overseas employees happy at the same time – it’s a win win!
If your global operations need a spring cleaning, we can help – our global payroll, time and attendance, and global consulting services offer simplified, cost-effective ways to manage your overseas employees. Don’t let another year go by without making sure your global business is optimized and ready to scale. Talk to us today about our global solutions!