AI智能总结
The ROI of Modern Payroll The PayrollModernization Payroll has long operated in thebackground, lacking proactiveengagement and absent from the verystrategic decisions, its operations mustexecute flawlessly. The world of work Modern payroll is no longer just aboutpaying people accurately and on time.It’s about enabling the business tomove faster, act smarter, and avoid risk.It’s the epicenter of workforceintelligence, a source of truth for peopledata, and a key driver of enterpriseagility. Yet too many organizations Payroll is noweither a strategicenabler or a 51% of payroll operations globally areunprepared to support the strategic When payroll is modernized and integrated with HR and finance on a singleplatform and prioritized in key decisions, it becomes a strategic asset. Itempowers real-time insight and confident decision-making. Moving Decades of ‘payroll parallelization’ are driving an increasing number ofenterprise organizations toward ‘payroll prioritization’, aiming to fortify their Executives who continue to delay investments in payroll operations (people,process, and tech) modernization are placing their organizations at serious risk,while conceding competitive advantage in the form of insights and agility and Executives who prioritizeand champion payroll asstrategic partnersrealize measurable increase inconfidence that thepayroll operating Modern Payroll ROI Unlocking ROI in the form of strategicvalue and business outcomes requires amodern payroll operating modelpowered by an infrastructure of cloudtechnology, leading practicemachine-enabled process design, andexpert practitioners. All of which mustbe deeply embedded into the HR, Payroll remains burdened by a stigma thathas measured its value in how well it couldexist with as few resources as possible. Thiscost center stigma has led organizations to Despite the inherent strategic risks toorganizations operating with immaturepayroll operations, more importantly, It requires executive leaders to beinvested in payroll success, prioritizingpayroll to enable the ultimate ROIoutcome: organizational agility.Activating its insights in concert withother organizational and external data The ROI from modern payroll operations ismuch greater than the results of acost-cutting exercise, requiring a paradigmshift that values payroll’s strategic impactand contributions, which are more Measure of strategicoutcomes Insights drive outcomes,integrations hold the keys. Digital enablers like cloud platforms, APIs, mobiletechnology, and AI and automation are game changers for aprofession burdened by a legacy of inadequate technology.Fragmented systems have become a liability as globalorganizations navigate compounding complexity at scale. Multinational organizations operate payroll with more thanfive systems and vendors(2), often with outdated technologyand a poorly integrated operating model. The absence of aunified and integrated HR and payroll platform becomesnoticeable in the form of payroll errors, reporting 89% of organizations indicated that their current payroll platform could domore to help surface insights that drive strategic decision-making(2). API-enabled integrations are the arteries of global payroll,flowing a harmonized and reliable dataset across the techlandscape to and from critical HR, finance, and business Integrated vs.Non-Integrated Non-Integrated Payroll Org Integrated Payroll Org •Fewer errors, smootherprocessing•Twice as likely to prioritizepayroll strategically •Higher errors, retroactiveruns, manual corrections•Payroll seen mainly asadministrative task•Limited access to real-time Client Case Houlihan Lokey, a global financial advisory firm,partnered with Workday and Payslip to modernize itsmulti-country payroll. Using Workday as its HRsystem and Payslip as its global payroll platform,certified with Workday Global Payroll Connect (GPC) The GPC integration delivered time savings, greateraccuracy, and faster payroll processing, whilePayslip’s flexibility enabled mapping andconsolidation of global input - vital for M&A growthand a mobile, highly compensated workforce. Automation and the Future of Payroll AI is empowering payroll leaders withdigital workers capable of automatinghighly complex processing with precisionand predictability. By relieving payrollfrom manual processing, reportgeneration, and fielding payroll inquiries, With AI and ML, payroll leaders areturning data into strategic insights,positioning themselves as trustedstrategic partners to their organizations,advising the business, derisking itsstrategic path, and influencing Outdated infrastructure and a lack ofdata quality and reliability are significantbarriers to AI’s full potential - data isfoundational to powering large languagemodels and thus powering AI. Inaccurate,inconsistent, or incomplete data leads to Payroll leaders arebusiness leaders withincredible insights andexpertise, curating oneof the richest yet For automation to work reli