A flexible payroll system can make the world of difference for any business, especially Multi-National Corporations (MNCs) when it comes to remaining compliant.

1. How a flexible payroll system
takes the risk and hard work
out of compliance

2. Imagine this...

3. Your boss asks you to join them
for a quick lunch. They order a
wrap, and you decide on the
salad bar.
As you approach the self-service
bar, a waiter gives you a very
small plate (that you have already
paid for) and says:

4. Here’s the deal:
You can only have tomatoes if you have
lettuce.
You can only have cucumber if you have
three spoonfuls of carrot as well.
If you want cheese of any kind, that is a
special order. You have to fill in a form and
make a few phone calls for that, and I am
not sure we even have cheese.”

5. You wouldn’t put up with
something like this when it
came to your lunch order,
so why should you accept a
deal like this when it comes
to something important such
as your payroll system?
Sounds ridiculous, right?

6. Letting go of inflexible
payroll systems

7. It’s often a matter of having already paid for a
payroll system, and being trapped in a contract.
So you make the best of the (ludicrous and user-
unfriendly) system and rules, and try to get what
you want out if it.
With not much luck.

8. We expect the same functionality from
technology at work as we receive in our
everyday lives.
When your antiquated payroll software’s
functionality no longer meets your
organisational requirements, it’s time to let go.

9. Getting what you want
and what you need
from your payroll service

10. Many HRDs are still struggling with
systems that can’t deliver to their
business needs.
There is no point to a ‘salad bar’ when
you can’t be in control of the items
you select or how they appear on your
plate.

11. Your colleagues and staff don’t want to hear
about the limitations and restrictions – they
just want the items as requested.
Government and the various reporting
authorities don’t want excuses either, they
want full compliance.

12. To achieve these
critical business
requirements, a
flexible payroll
system is key.

13. In order to ensure payroll is compliant
and fully up-to-date, payroll system
flexibility and ease of reporting are
non-negotiable.

14. Making payroll self-service
work for you

15. A report from the KPMG Tax Advisory Service
cited that the complexities of managing multi-
state or multi-country reporting are high-risk.
Understanding the rules, and coordinating
the stakeholders, is paramount to mitigating
this risk. KPMG asserts that to ensure full
compliance, a flexible, cutting-edge payroll
system will “satisfy obligations quickly and
cost-effectively”.

16. Getting what you want,
when you want it

17. Today’s payroll software and services
offer complex data that can be
integrated and manipulated on
the spot. This
software should
be automated to
suit your reporting
requirements and
business needs.

18. New payroll technology can give
critical information to the right
government and reporting agencies
in the right format, at the right time.
Working with a system that allows
for flexible automation of reports
takes the risk and hard work out
of compliance, and can help your
business stay on trend, on track
and on time.