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Global Payroll Reporting: What good looks
like
Amber Morris Shelley Trout
With: Moderated by:
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We believe great businesses are powered by great people. Guided by
decades of experience and innovation, Kronos® offers the industry’s
most powerful suite of tools and services to manage and engage your
entire workforce from pre-hire to retire. And because workforce needs
are constantly changing, Kronos solutions are designed to evolve with
you to help meet the challenges you face every day — regardless of
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3
Click on the Questions panel to
interact with the presenters
https://www.recruitingbrief.com/webinar-series/payroll--and--compliance/
https://www.humanresourcestoday.com/webinar-series/payroll--and--compliance/
About Amber Morris
Amber is the US Vice President of Commercial Development with Immedis and based in the New Jersey office. She
has extensive experience in global payroll and is highly regarded within the industry by clients and partners alike.
Amber is committed to delivering the right global payroll solution for multi national organizations around the world with
the help of the service delivery team and our market leading platform, iConnect.
About Shelley Trout
Shelley went to UC Berkeley and majored in Anthropology & Archaeology. After working at the Center of Digital
Archaeology, she became fascinated with digital representations of personality and culture, and now leads Webinar
Production at Aggregage, providing some of the most interesting thought-leaders across a wide variety of industries with
a space to celebrate the diversity, depth, and experience of their professional cultures, personalities, and passions.
5
Agenda
1. Reporting v. Analytics – What’s The Difference?
2. Global Payroll Reports - Common Challenges
3. The Role of Global Payroll Providers in Good Reporting
4. What Good Should Look Like – The End Goal
5. Immedis Top Tips for Better Reporting
6. Q&A – Ask the Expert
Global Payroll Reporting: Bad Data
Revolution
6
Poll Question #1
How many countries are
you currently operating payroll in globally?
7
Before we begin…
8
Payroll
Paying
employees
• GTN
• Funding Request
• Pay slip
Global Payroll Reporting: Bad Data
Revolution
HR Finance
Staffing
• Hire new employees
• Retirement
• Upcoming projects
Funding
• Budgets
• General Ledger
• Allocation of cost
Past Present Future
9Global Payroll Reporting: Bad Data
Revolution
In any organization – payroll holds the key to all
answers
10
1. Reporting v. Analytics
11
Reporting
• Day-to-day
• Transactional
• Review data
• Local manager level
Global Payroll Reporting: Bad Data
Revolution
Analytics
• Predictive
• Insightful
• Exploratory
• Business performance
12
2. Reporting – The Common Challenges
13
“Getting reports
from our global
locations is like
reading a ransom
note. Cut and
paste is our
greatest risk as an
organization.”
14
Reporting – The Common Challenges
• Multiple vendors
• Multiple formats
• Language
• Currency
• Pay coding
Global Consolidation
Global Payroll Reporting: Bad Data
Revolution
15
Common Challenges
Multiple vendors
• No integration options
• No uniformed formats
• Different languages
Global Payroll Reporting: Bad Data
Revolution
16
Common Challenges
Multiple currency & pay coding
• Translating errors
• Inconsistent paycodes
• Inability to consolidate reporting
Global Payroll Reporting: Bad Data
Revolution
17
Poll Question #2
What are the current reporting
challenges for your organization?
18
3. Global Payroll Providers
19
Global Payroll Providers
Global Payroll Reporting: Bad Data
Revolution
20
Global Payroll Providers
Global Payroll Technology
• Centralized
• Consolidated reporting
• True global analytics
• Integrations
• HCM
• Finance
• T&A
Global Payroll Reporting: Bad Data
Revolution
21
Poll Question #3
Is your current global payroll partner able
to provide the reports your organization needs?
22
4. What Good Should Look Like
23
24
16 hours to
compile
reports
25
26
27
Poll Question #4
Where does your organization fit within the
integration maturity spectrum?
28
With consistent data you have access
to:
• Global visibility
• Metrics
• On-demand reporting
• Real time analytics
What Good Should Look Like
29
30
Harmonized GTN Report
Scenario 1:
Need report for consolidated employer v. employee
costs
31
Solution 1 – Harmonized G2N
32
Pay Element Report
Scenario 2:
Finance needs to project costs based on anticipated
annual bonus amounts
33
Solution 2 – Pay Element Analytics
34
HR Reporting
Scenario 3:
HR needs reports to capture employees approaching
forced retirement age
35
Solution 3 – Average Gross Pay Distribution by Age
36
HR Reporting
Scenario 4:
Finance needs variance reports broken out by
employee
37
Solution 4 – Gross to Net Variance Analysis
38
Immedis Top 5 Tips to Better Reporting
1. Identify your current needs
2. Consolidate and organize paycoding
3. Implement standards and policies
4. Review current technology and platforms
5. Talk with your providers – Build trust
39
The Take Away
• Better reporting is possible
• What reporting do you need for your organization?
• Leverage your current providers
• Know what solutions are available
40
Q&A
https://www.recruitingbrief.com/webinar-series/payroll--and--compliance/
https://www.humanresourcestoday.com/webinar-series/payroll--and--compliance/
Shelley Trout
With: Moderated by:
Vice President, Commercial
Email: amber.morris@Immedis.com
Linkedin page: ambermorris13/
Twitter ID: @Amber_Immedis
Website: www.immedis.com
Amber Morris
Editor, Human Resources Today & Recruiting Brief
Linkedin page: /in/shelleytrout
Twitter ID: @hrposts/ @recruitingbrief
Website: www.aggregage.com

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Payroll & Compliance: Global Payroll Reporting - What Good Looks Like

  • 1. Global Payroll Reporting: What good looks like Amber Morris Shelley Trout With: Moderated by: TO USE YOUR COMPUTER'S AUDIO: When the webinar begins, you will be connected to audio using your computer's microphone and speakers (VoIP). A headset is recommended. Webinar will begin: 08:00 am, PST TO USE YOUR TELEPHONE: If you prefer to use your phone, you must select "Use Telephone" after joining the webinar and call in using the numbers below. United States: +1 (562) 247-8422 Access Code: 521-790-458 Audio PIN: Shown after joining the webinar --OR--
  • 2. We believe great businesses are powered by great people. Guided by decades of experience and innovation, Kronos® offers the industry’s most powerful suite of tools and services to manage and engage your entire workforce from pre-hire to retire. And because workforce needs are constantly changing, Kronos solutions are designed to evolve with you to help meet the challenges you face every day — regardless of your industry or where you do business.
  • 3. 3 Click on the Questions panel to interact with the presenters https://www.recruitingbrief.com/webinar-series/payroll--and--compliance/ https://www.humanresourcestoday.com/webinar-series/payroll--and--compliance/
  • 4. About Amber Morris Amber is the US Vice President of Commercial Development with Immedis and based in the New Jersey office. She has extensive experience in global payroll and is highly regarded within the industry by clients and partners alike. Amber is committed to delivering the right global payroll solution for multi national organizations around the world with the help of the service delivery team and our market leading platform, iConnect. About Shelley Trout Shelley went to UC Berkeley and majored in Anthropology & Archaeology. After working at the Center of Digital Archaeology, she became fascinated with digital representations of personality and culture, and now leads Webinar Production at Aggregage, providing some of the most interesting thought-leaders across a wide variety of industries with a space to celebrate the diversity, depth, and experience of their professional cultures, personalities, and passions.
  • 5. 5 Agenda 1. Reporting v. Analytics – What’s The Difference? 2. Global Payroll Reports - Common Challenges 3. The Role of Global Payroll Providers in Good Reporting 4. What Good Should Look Like – The End Goal 5. Immedis Top Tips for Better Reporting 6. Q&A – Ask the Expert Global Payroll Reporting: Bad Data Revolution
  • 6. 6 Poll Question #1 How many countries are you currently operating payroll in globally?
  • 8. 8 Payroll Paying employees • GTN • Funding Request • Pay slip Global Payroll Reporting: Bad Data Revolution HR Finance Staffing • Hire new employees • Retirement • Upcoming projects Funding • Budgets • General Ledger • Allocation of cost Past Present Future
  • 9. 9Global Payroll Reporting: Bad Data Revolution In any organization – payroll holds the key to all answers
  • 10. 10 1. Reporting v. Analytics
  • 11. 11 Reporting • Day-to-day • Transactional • Review data • Local manager level Global Payroll Reporting: Bad Data Revolution Analytics • Predictive • Insightful • Exploratory • Business performance
  • 12. 12 2. Reporting – The Common Challenges
  • 13. 13 “Getting reports from our global locations is like reading a ransom note. Cut and paste is our greatest risk as an organization.”
  • 14. 14 Reporting – The Common Challenges • Multiple vendors • Multiple formats • Language • Currency • Pay coding Global Consolidation Global Payroll Reporting: Bad Data Revolution
  • 15. 15 Common Challenges Multiple vendors • No integration options • No uniformed formats • Different languages Global Payroll Reporting: Bad Data Revolution
  • 16. 16 Common Challenges Multiple currency & pay coding • Translating errors • Inconsistent paycodes • Inability to consolidate reporting Global Payroll Reporting: Bad Data Revolution
  • 17. 17 Poll Question #2 What are the current reporting challenges for your organization?
  • 18. 18 3. Global Payroll Providers
  • 19. 19 Global Payroll Providers Global Payroll Reporting: Bad Data Revolution
  • 20. 20 Global Payroll Providers Global Payroll Technology • Centralized • Consolidated reporting • True global analytics • Integrations • HCM • Finance • T&A Global Payroll Reporting: Bad Data Revolution
  • 21. 21 Poll Question #3 Is your current global payroll partner able to provide the reports your organization needs?
  • 22. 22 4. What Good Should Look Like
  • 23. 23
  • 25. 25
  • 26. 26
  • 27. 27 Poll Question #4 Where does your organization fit within the integration maturity spectrum?
  • 28. 28 With consistent data you have access to: • Global visibility • Metrics • On-demand reporting • Real time analytics What Good Should Look Like
  • 29. 29
  • 30. 30 Harmonized GTN Report Scenario 1: Need report for consolidated employer v. employee costs
  • 31. 31 Solution 1 – Harmonized G2N
  • 32. 32 Pay Element Report Scenario 2: Finance needs to project costs based on anticipated annual bonus amounts
  • 33. 33 Solution 2 – Pay Element Analytics
  • 34. 34 HR Reporting Scenario 3: HR needs reports to capture employees approaching forced retirement age
  • 35. 35 Solution 3 – Average Gross Pay Distribution by Age
  • 36. 36 HR Reporting Scenario 4: Finance needs variance reports broken out by employee
  • 37. 37 Solution 4 – Gross to Net Variance Analysis
  • 38. 38 Immedis Top 5 Tips to Better Reporting 1. Identify your current needs 2. Consolidate and organize paycoding 3. Implement standards and policies 4. Review current technology and platforms 5. Talk with your providers – Build trust
  • 39. 39 The Take Away • Better reporting is possible • What reporting do you need for your organization? • Leverage your current providers • Know what solutions are available
  • 40. 40 Q&A https://www.recruitingbrief.com/webinar-series/payroll--and--compliance/ https://www.humanresourcestoday.com/webinar-series/payroll--and--compliance/ Shelley Trout With: Moderated by: Vice President, Commercial Email: amber.morris@Immedis.com Linkedin page: ambermorris13/ Twitter ID: @Amber_Immedis Website: www.immedis.com Amber Morris Editor, Human Resources Today & Recruiting Brief Linkedin page: /in/shelleytrout Twitter ID: @hrposts/ @recruitingbrief Website: www.aggregage.com