Multi-country Payroll (MCP) Consolidation Demystified
Everything a payroll-professional needs to know about managing payroll in offices with a small volume of employees.
Consolidating payroll operations
Learn about the challenges, benefits and key considerations when consolidating multi-country payroll operations with a single payroll service provider.
As the world begins to unlock after the pandemic, enterprises with global operations are recognising the need to make their payroll function resilient, standardised and future-proof with the help of next-generation technology.
Consolidating payroll operations offers significant benefits as it helps to reduce risk and overheads while tightening controls.
Multi-country Payroll (MCP) Consolidation Demystified
Key Considerations for an Employee-Centric Payroll
There are several considerations companies should keep in mind on their consolidation journey and this paper, created by Everest Group and presented to you by TMF Group discusses some of these key considerations.
This paper touches upon the following aspects of multi-country payroll:
-The payroll journey so far
-The pandemic and its implications for payroll
-Defining payroll consolidation and its benefits
-The role of next-generation technology
-Key considerations for enterprises when planning consolidation
-Jeld Wen: a case study of payroll consolidation
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