Submit An Inquiry

Global Payroll Resources

Paying the Price for a Fragmented Approach to Payroll

Nov 12, 2018 

While the fields of physics and business may have little in common, there is one concept that bridges both disciplines: inertia.

In business, inertia represents an organizational resistance to change. More specifically, the concept of inertia speaks to the tendency of senior leaders to maintain existing frameworks as a kind of barrier against forces beyond their control.

In today’s innovation-first business environment, most executives understand the danger of allowing inertia to stagnate their business model, corporate culture, or product/service line. Yet when it comes to their administrative functions, many global executives continually justify inertial thinking.

That’s especially true in global payroll, where many organizations maintain a poorly performing status quo for years on end. By accepting inertia in the payroll function, multinational companies incur far more negative repercussions than they realize. However, by looking deeper into the often hidden costs of fragmented global payroll systems, multinational organizations are able to assess the true price of their payroll function and analyze the impact of lost value—including time, money, and productivity—on their corporate bottom line.

Banner_CloudPaper_HiddenCosts

This in-depth CloudPaper identifies the damaging consequences of maintaining an inert mentality toward global payroll and how a centralized approach can boost the value of your payroll function.  

This report is comprised of three parts:

    • The ‘Why’ Behind Payroll Inertia: Learn the common lines of reasoning behind an inertial approach to administration.
    • The Current State of Payroll: Understand the challenges and hidden costs of the common status quo in global payroll.
    • The Transformed Future State of Payroll: Find out how transforming global payroll reaps substantial long-term value.

You’ll discover how organizations can minimize risk, allocate resources more wisely, and realize long-term ROI, value, and stability by deploying a comprehensive global payroll solution.

To learn more, download the full report now: The Hidden Costs of Payroll Fragmentation.

 

Download the Report


Recent Articles

How to Conquer the 5 Most Common Payroll Challenges

Theodore Roosevelt is credited with saying ‘nothing worth having comes easy,’ an adage proven endless times over. So

Quarterly Digest: Insights from Our Partner Network, June 2019

The second quarter of 2019 included plenty of reflection on the challenges and developments of the past year, and how

Supporting Global Payroll Teams with Smarter Technology

The radical digitization of global business has delivered a wealth of advancements and opportunities, enabling

How Data Input Issues Affect Payroll Efficiency

Since its introduction in April, the revolutionary Payroll Efficiency Index has been changing the way multinational

Country Payroll Spotlight: 7 Key Facts about Payroll in Ireland

As part of our continuing effort to help payroll professionals everywhere address the complexity of global payroll,


About CloudPay

 
next generation payroll analytics

Next Generation Global Payroll Analytics: Your journey to building process transparency and making payroll a catalyst for improved business performance.

global payroll implementation

Global Payroll Implementation: A comprehensive guide to building a business case, selecting a solution and successfully deploying global payroll.

building a business case for global payroll

Building a Business Case for a Global Payroll Solution: Learn how to build a benefits-driven business case for a change in global payroll.

Unlock the
Possibility in
Your Payroll

Whether you manage payroll in five countries or 50, you need a global solution that ensures compliance beyond borders and insights that will move your company forward.

Contact Us Today
SIGN UP FOR OUR NEWSLETTER