iipay presentation-taking control of international payrolll
DESCRIPTION
"Taking control of international payroll is not a one person, or even one team, task and due to the unavoidable differences between countries and the statutory obligations it is not possible to completely standardise or centralise it" Piers Lambert (iiPAY) takes you through a step by step analysis fo what you need to consider when taking control of your international payroll.TRANSCRIPT
Taking Control of International payroll
Taking control
• Understand what you do now
− In country− In house− Outsource− Corporate level
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Single Country Payroll
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Multi Country Payroll
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Upstream Corporate Input
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Downstream Corporate Output
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Upstream Corporate Input
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Downstream Corporate Output
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Some factors are more equal than others
Taking Control of International payroll
• Understand what you do now• Ownership & involvement
− Who owns payroll?– Where is the knowledge?– Lead or manage?– Local & global
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Stakeholders
Taking Control of International payroll
• Understand what you do now• Ownership & involvement• What needs changing, what doesn’t
– Where and what are the real drivers– Risk of change– Don’t mistake solutions for requirements
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In-country Requirements
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Corporate Requirements
Taking Control of International payroll
• Understand what you do now• Ownership & involvement• What needs changing, what doesn’t• Understand the options
– Systems– Service– In-country v. multi-country v. global– Scale
A matter of scale
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ERP
BPO
Accountants
Aggregators
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countries
A matter of geography
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Payroll Systems
Outsourcers
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countries
Taking Control of International payroll
• Understand what you do now• Ownership & involvement• What needs changing, what doesn’t• Understand the options• Consider a hybrid solution
– Size – Geography– Corporate structure
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Hybrid solutions
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Global Payroll Management System
Data Management
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Hybrid solutions
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Global Payroll Management System
Global Payroll Management System
Data Management
Taking Control of International payroll
• Understand what you do now• Ownership & involvement• What needs changing, what doesn’t• Understand the options• Consider a hybrid solution• RFI before RFP
Take Control
Understand
Own
Lead