Future of Global payroll

Future of Global payroll

Amol Malani Amol Malani

Amol Malani

Director at ADP | Global Payroll | Business Transformation | Client Experience

发布日期: 2024年8月27日
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The future of global payroll is poised for significant transformation due to advancements in technology, changing workforce dynamics, and evolving regulatory environments. Here are some key trends and developments shaping the future of global payroll

  • Automation and AI Integration
  • Cloud-Based Payroll Systems – Global accessibility & Scalability
  • Compliance Management -Real time compliance update while labor laws and tax regulations are changing
  • Employee Experience and Self-Service – On demand pay
  • Global Payroll Consolidation - allowing for easier management and reporting. Centralized Data and Reporting
  • Diversity in Payment Methods
  • Data Analytics and Business Intelligence
  • Sustainability and Green Payroll – Paperless
  • Global Mobility and Workforce Changes - Managing Global Talent & Support for Remote Work

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Payroll systems are evolving to accommodate the needs of a global workforce, including managing different currencies, tax systems, and labor laws. The future of global payroll is about becoming more agile, compliant, and employee-centric. By leveraging technology and adapting to new workforce trends, companies can better manage their payroll processes on a global scale. #Global Payroll

Kishan Kumar

Sr. Analyst @ ADP | MBA - Birla Institute of Management Technology

6 个月

Great insight Amol Malani Could you also suggest any magazine or website that solely talks about the key trends in the Payroll and HR services industry? The way payroll industry is shifting its gears, it would be interesting to read the insights.

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