As your company’s international employee population grows, so too do the difficulties of running payroll. The complexity of in-country compliance most immediately springs to mind, but there’s also the complexity of managing mounting processes, team roles and responsibilities, and demands around employee expectations and management reporting. Add in the new need to understand the dynamics of a remote and hybrid workforce, and it’s clear that the sophistication of your HR and payroll technology can make or break how you cope with international expansion.
But how do you know how far your company has come on this journey of HR and payroll digital transformation? How do you go about benchmarking your position against an abstract optimal state, against other functions within your business and, most pressingly, your relative progress against competitors, to establish whether you’re making the most of payroll as a powerful business differentiator?