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Payroll system technology has evolved beyond singular functionality and can be considered a strategic asset that helps organizations adapt to multinational expansion and offer integrated, data-based insights.

In an increasingly interconnected world, many organizations face the complexity of managing payroll across multiple countries. Payroll and HR leaders must adhere to various national and local laws and synchronize payroll processes.

Accurate and timely payroll is, of course, a necessity. But what if you could get more from your payroll software?

In a recent presentation, Tonya James, ADP's Vice President of Product Management, discussed how flexible, insightful, and integrated global payroll software can aid the mastery of compliance issues, streamline operations, and transform payroll from a hurdle to a strategic asset for your organization.

Adaptability for a Global Workforce

Dispersed employees create challenges in payroll management, such as adhering to global payroll laws, different payroll timelines, and varying payment methods.

Adaptable payroll systems allow HR administrators and payroll professionals to meet their organizations' evolving needs and growth trajectories. Whether a business is expanding into new markets or modifying its workforce structure, the right solution can flex efficiently to accommodate these changes.

Optimized Payroll Team Experiences

An optimized payroll solution experience helps payroll professionals perform at a higher level and feel confident in their roles. For example, platforms with advanced technology tools such as artificial intelligence (AI) and automation can streamline processes, expedite repetitive tasks, and support more complex requirements, like data analytics.

An intuitive global payroll management solution can boost the payroll team’s learning and skill development, support the expediency of routine work, and direct them to take the right actions at the right time.

Seamless Integration for a Holistic Global View

To transform payroll from a back-office function into a strategic tool that can deliver significant business value, it must integrate seamlessly with other essential business systems, such as HR management, employee benefits, and financial management.

"There's a desire to connect payroll data in other business applications," James said. "A few benefits that come from that included efficiency and data quality."

But beyond eliminating manual data entry and the associated risk of errors, an integrated and intelligent system provides a more holistic view of the business—ideally, delivered to decision-makers in one place, on one screen—linking employee performance, benefits, and payroll data to provide comprehensive insights to inform strategic decisions.

Making Global Payroll Management Part of Your Strategy

In an era of rapid change and increasing workforce decentralization, a rigid and inflexible payroll system limits an organization's potential to adapt to new markets, tax laws, and workforce structures.

In contrast, investing in a flexible, intelligent, and integrative solution is a strategic move toward ensuring long-term business sustainability and success in an increasingly competitive and globalized world.

ADP offers global payroll solutions for mid-size and large companies that unify your worldwide data and deliver powerful administrative and analytics features.

The unabridged version of this article originally published on SPARK, a blog designed for you and your people by ADP®.

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Janet Berry-Johnson, CPA, is a Daily Money Manager, financial educator, and a content strategist with Firefly Financial Organizing and is based in Omaha, Nebraska.