Companies with international employees face many hurdles when it comes to integration. There are multiple vendors across multiple countries, manual processes required to manage payroll, and HRIS systems that can’t communicate with any country outside the US. With a global focus on data security and compliance, it gets more complicated each year to maintain global employees without integration.
Global Payroll and HRIS
Global payroll is often managed with a silo approach – each country has a provider, their own system for managing payroll, payslips, and reporting. If you want to know what is happening with payroll in every country you operate in, it often takes several spreadsheets, emails, and a month to get the data you are looking for. When changes need to be made, it is also burdensome, as the change will need to be replicated in each country, in different languages, and with different processes.
Global HRIS systems can help ease the burden of managing HR for your international employees, but if your payroll systems in each country cannot communicate with your HRIS, there is still manual work involved to get a global picture of your business. If there is a change to employee personal data, this has to be managed in both the payroll and the HR systems. All that manual processing costs money and time, but it also causes errors.
Integration Solutions
Using a global payroll technology to manage payroll across all countries not only prevents manual errors, but provides you with real-time access to your payroll costs across all countries. Once you connect your global payroll to your global HRIS system, a simple employee change becomes a 1 minute project instead of a month long ordeal. Integrating your global systems, especially if you have employees in multiple countries, is a must for companies in 2019 and beyond. With so many compliance and regulatory changes (GDPR was just the beginning), governments all over the world are cracking down on multi-national companies for data security lapses, errors and omissions in payroll and tax filings, and employee privacy.
Integrating your global systems should be a top priority for 2019 to avoid compliance issues, potential fines, and stay ahead of new regulations. Integration improves your agility, as you can see trends in real-time and respond to market changes, and it also changes the way you manage your global workforce, ensures compliance, and saves money and resources. Learn more