Payroll management is more than just ensuring employees receive their paychecks; it also encompasses all aspects of the employee lifecycle. And one area that is often overlooked is what happens when an employee leaves the company. There are often certain processes that a multi-national organization must perform to ensure those former employees are off-boarded appropriately and in full compliance with the local regulations of whichever countries in which they operate.
So as the curtain comes down on Workday Rising 2014, we’re already looking forward to the Workday community gathering again in 2015 in Las Vegas and Dublin. But before I get ahead of myself and start planning my itinerary for the next event, I need to get my head around the last few days.
Workday Rising is CloudPay’s main event of the year. CloudPay doesn’t act as a sponsor at any other event, leaving people to often ask why that is and what we aim to get from it.
So, why is this the only event CloudPay sponsors each year? Well that’s simple to understand for anyone who’s been to Rising. The event itself just buzzes with enthusiasm from the start. The “power of one” that Workday promotes drives everybody in the Workday community to strive for excellence and improvement; this is true of Workday, their customers and their partners. This is the place to go for companies that innovate and create.
Put your best face forward at Workday Rising and you could win a GoPro camera or a case of wine! Come visit the CloudPay team at Booth No. 208 during Workday Rising to snap a selfie and share it with your social networks using #CPSelfie and #WDAYRising. We’ll be accepting entries from Monday, November 3, 2014 until 1:00 p.m. PST on Wednesday, November 5, 2014. (more…)
November 3rd sees the start of Workday Rising 2014 in San Francisco, the premier event for members of the Workday community. CloudPay is delighted to be a Gold sponsor of this truly unique conference, and the excitement is building as we get closer to its kick-off.
So, what am I – and the rest of the delegates from CloudPay – looking forward to most? With so much going on – with intriguing keynotes, in-depth sessions and networking events , it is hard to select what we’re most excited about. So, rather than limit it to just one or two things, here are the top six reasons we’re looking forward to Workday Rising: (more…)
In the age of Big Data, it’s increasingly important to recognize that the payroll function isn’t just about paying employees accurately and on-time; it also serves as a system of record for what is going on inside a company. The information contained within payroll includes a wealth of real-time data that companies can leverage in order to optimize their business performance. Plainly spoken, the payroll function provides a clear line of sight into how much a company invests in its largest resource – its people. However, the challenge many face is figuring out how to sort this data to benefit each level of the organization. (more…)
As mentioned in the previous post in this series, big changes have come to the way employers in the UK compensate their employees. Therefore, it is necessary that companies take a close look at their current processes, understand what these new rules mandate and ensure they are able to comply with these and any future legislative changes. We previously discussed the introduction of the Real Time Information system, requiring that employers submit all payroll information to HM Revenue & Customs in real time as employees are compensated. Another major change companies employing staff in the UK must contend with is the ongoing implementation of Auto-Enrollment for pensions. (more…)
For companies with employees in the United Kingdom, a number of recent and ongoing regulatory changes have made payroll in the country more complicated. As these new standards continue to take effect, employers must ensure they adapt their payroll processes accordingly. And as these changes go into effect gradually, based on company size, it is crucial that organizations understand what is required of them and when. Whether based in the U.K., or a multi-national organization with employees in the country, it is essential to understand these new rules and how companies can meet compliance with these regulations. (more…)
For multi-national organizations, the ability to gain insight into crucial business processes and operations across the enterprise is essential for success. And this is especially true regarding payroll. As the payroll system contains key information about the company and its biggest expense – its people – it is critical that companies be able to leverage this information to make smarter business decisions. But the ability to access this data is only one step to achieving the insight that leads to operational efficiency; the company must also understand how to dig deep to reveal the most useful information. (more…)
It has been said many times over that we are in the age of Big Data. And while some may think of this as a cliché or just the latest corporate buzzword, the sheer volume of data available to business – and the value of that data – cannot be understated or overlooked. By accessing such comprehensive information, the company gains unparalleled insight into its current processes and practices to find areas to improve, costs to cut and ways to operate more efficiently. (more…)
In today’s competitive business environment and still volatile economy, multi-national organizations must be able to respond and adapt to changing market conditions as rapidly as possible. And while the rise of big data has provided access to more information than ever before, they don’t always know how to find the relevant information needed to identify trends or issues with their workforce. As a result, they may lack the ability to reply in real time and work to resolve issues before they become more problematic. (more…)