Payroll comes at a much greater cost to organisations than simply paying salaries.
In reviewing payroll operations and service delivery models, cost optimization and payroll accuracy are two of the top three challenges facing company leaders today, according to respondents of Ernst & Young’s Global Payroll Survey in 2017.
The desire to improve on accuracy and increase control, the need for payroll and other HR functions to be synched, and the drive to keep employees engaged and costs down, are prime examples of how human capital decisions impact business strategy.
