Payroll delivery capability in around 150 jurisdictions
Interpreting legislation, complying with local rules, and providing all required documentation in multiple jurisdictions are problematic tasks that can drain resources. You are expected to mitigate the risk of non-compliance in all jurisdictions where your business operates, while simplifying your payroll governance.
That’s why you need a solution that’s global but ensures local control, while being delivered in multiple jurisdictions.
And that’s where TMF Group can help…
With payroll delivery capability in so many locations, provided by experts who are fluent in both English and the local language, across a network of more than 125 TMF Group offices, let us worry about your local payroll and compliance – globally.
TMF Group brings you 30+ years’ proven expertise in the field. We are set up to meet diverse payroll outsourcing needs. In fact, we help process $11 billion in payslips each year, for 9,000 entities and across around 150 jurisdictions.
We offer a global payroll service in around 150 jurisdictions, processing your payroll needs accurately, on-time, every single month and in all locations.
Enjoy peace of mind with local compliance and secure data privacy. Our offices are compliant with ISAE3402 and ISO27001, and have robust Business Continuity Measures (BCM) in place to mitigate risks.
Take advantage of a sophisticated local payroll service delivery. We offer direct access to local teams in local languages, including all aspects of our Global HR services portfolio.
A simplified way of working, with cloud-based middleware technology which allows you to enjoy a consolidated view of global payroll operations at the touch of a button.
A leader in the multi-country payroll market
Everest Group Multi-country Payroll Solutions PEAK Matrix® Assessment 2023
Named as a ´Leader´ for the sixth consecutive year, for our market adoption, value delivery, technology and service capabilities.
'Leader' in NelsonHall's NEAT vendor evaluation in the Multi-Country Capability market segment for Payroll services
NelsonHall has identified TMF Group as a Leader in the Multi-country Capability market segment. TMG Group´s position reflects its ability to manage payroll services for single and multi-country client footprints covering 152 countries in local language and English.
How we can support you
We’ve developed an intuitive and easy-to-use payroll middleware to help you exchange, process and manage global payroll data between TMF Group and your company’s managers, payroll teams and employees.
It is system agnostic, optimised for mobile devices and able to interface with almost any leading Enterprise Resource Planning (ERP), Human Capital Management (HCM) system or Time & Attendance (T&A) software.
Our cloud-based solution enables you to manage and report effectively on payroll performance and improve business decisions by drawing on consistent, up-to-date information on global employment costs and trends.
Enjoy the perfect balance between secure technology and local regulatory payroll expertise, ensuring accurate, timely and compliant payroll.
During onboarding, we work with you to create the interfaces, workflows, reports, roles and permissions needed on the application.
TMF Horizon Exchange
A secure tool for the exchange of payroll data between your company and TMF Group. Your status dashboard displays clear workflows with daily tasks, reminders and client approval steps. There is also a built-in calendar and dashboard to keep track of payroll processes across the globe, help you meet deadlines and providing visibility of all payroll activities.
TMF Horizon View
Here, your employees can view their payslips and tax documents and communicate directly with your payroll and HR teams.
We can tailor the View module to include corporate documentation such as an employee handbook or your company's expense policy. You can also use this to notify your HR teams of all recent activities.
TMF Horizon Report
This module provides KPI monitoring and measurement of payroll performance at a global, country or entity level. The single dashboard provides payroll metrics, charts and a simple status view, depending on your profile within the company.
Shareable reports can be run in a single global format, and provide visibility of payroll costs at a global, regional or country level, in either a local or defined currency.
The Report module comes with TMF Horizon Analytics, providing additional tools, charts, and mapping of data, including comparing countries and local entities, and intelligent forecasting, across finance, payroll and HR.
Step 1: Data input
When the payroll cycle begins, our application takes in the relevant payroll period data - including hours worked, changes and updates (new hires and leavers, bonus, commission, salary and absences) - either automatically from an interface with your HCM software or manually using data templates.
Step 2: Processing
Once the data is loaded into the local payroll system for processing and trial outputs, these are automatically sent within the application for review, approval, or reprocessing based on your specific feedback.
Step 3: Data output
After the approval is received, the application produces final reports, uploads bank files and summaries, fulfils statutory and check payments, and generates the final general ledger for upload to your company’s accounting system. Consecutively, emails are sent to your employees to alert them to new payslips.
Our technology solution takes the heavy lifting out of delivering payroll accurately compliantly and on time.
You can even use mobile devices to check your business's cross- country payroll status and provide authorisations on the move. Don't let moving between meetings stop you or your senior stakeholders accessing real-time analytical information on your payroll financial and employee data.
Nothing falls between the cracks. What if one of your offices hasn't entered its required payroll data on time? in this situation, our global payroll system produces an email prompt and, if needed, escalates the issue to senior company management and the local TMF Group Office.
You get an intuitive, consistent, web-enabled experience. Your employees can access payroll-related information securely from any device – computer, smartphone or tablet – fully confident that it is a secure location for payslips and other confidential information.
At the same time, they can interact with your company or TMF Group payroll experts to resolve queries or problems in their time zones and native languages.
What people say about our service
The overall accuracy, reporting, and quality of payroll data has improved, and JELD-WEN's team can leverage TMF Group's expertise in local compliances for the payroll process and other compliance-related matters outside payroll. After partnering with TMF Group, JELD-WEN's payroll team has gained greater assurance that local regulations are adhered to all times and updated on timely basis
TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. More than 10,000 colleagues in 125 offices across 86 jurisdictions provide local expertise. Our locations cover 92% of world GDP and 95% of FDI inflow.
We are a key part of our clients’ governance, providing the accounting, tax, payroll, fund administration and legal entity management services essential to their success. We make sure rules are followed, reputations protected and operational compliance maintained. We work with the majority of the Fortune Global 500, FTSE 100 and top 300 private equity firms.
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