GLOBALPAYROLL
&EXPENSES
WHY YOUR PROCESS IS OUTDATED
Global payroll is
complicated.
As your organization expands
internationally, the complexity of your
operations will increase.
Payroll and expenses
are no exception.
Listen to the webinarListen to the webinar
Processing multinational payrolls, paying
employees on time, managing expense
reporting, tracking vacation time and
complying with local regulations can leave
room for error and potential exposure to
significant compliance penalties.
Listen to the webinarListen to the webinar
It can feel like a maze.
It’s full of complications such as language barriers, currency
differences, operating difficulties and local nuances.
Listen to the webinarListen to the webinar
Listen to the webinarListen to the webinar
Manycompaniesarenotprepared
forglobalpayrollchallenges
Challenges include cultural differences, varying time-zones,
a lack of global leadership, incompatible technologies,
multiple currencies and data-privacy compliance.
Unlike HR, finance or accounting,
payroll cannot wait.
As soon as you’re global, you must address payroll.
Listen to the webinarListen to the webinar
As a result, many companies have
dispersed operations.
They end up with many different vendors and many
different ad-hoc, haphazard solutions.
Listen to the webinarListen to the webinar
Multiple vendors often means inconsistent
service levels, which is damaging to reputations.
Listen to the webinarListen to the webinar
The process and flow of information
should be the same regardless of the
country and the geography.
Listen to the webinarListen to the webinar
Payroll should of course be streamlined, but
you must allow for the idiosyncrasies of local
processing and capabilities.
Listen to the webinarListen to the webinar
What’s already in place?
Who do you have on the ground locally and
what are their roles and capabilities?
Listen to the webinarListen to the webinar
Understanding who you have and what they do
will help you make some strategic decisions.
Listen to the webinarListen to the webinar
What are your operating costs?
Understand today’s costs as well as future costs for each
country of operation.
Listen to the webinarListen to the webinar
Carry out an internal
gap analysis.
Listen to the webinarListen to the webinar
Maintain a balance between the need for centralized
processes and efficiencies and the need to comply
with local requirements and cultural differences.
Listen to the webinarListen to the webinar
Listen to the webinarListen to the webinar
Make sure local requirements
are known and addressed.
Are your teams working with
a global mindset?
This will ensure consistant data
reporting and tracking.
Listen to the webinarListen to the webinar
Do you have confidence in your
international suppliers?
Listen to the webinarListen to the webinar
Do you have a system that is fit for purpose, and can you
manage expenses, timesheets and PTO at a global level?
From your employees’ perspective
Listen to the webinarListen to the webinar
Operational details can get in the
way of overseas productivity and
employee satisfaction.
If you don’t have automated expense reports, timesheets
or vacation tracking, now is the time to start!
Listen to the webinarListen to the webinar
There are some key considerations for
ensuring your expense system can support
your global expansion ...
Listen to the webinarListen to the webinar
Value-Added Tax (VAT)
Advanced and automatic calculation
helps ensure compliance.
Listen to the webinarListen to the webinar
Multiple currencies
Do you have a central system that
automatically converts currencies?
Listen to the webinarListen to the webinar
Corporate policies
Distance from headquarters can result in noncompliance.
Listen to the webinarListen to the webinar
Listen to the webinarListen to the webinar
Web and mobile access
You’ll need the ability to submit expense reports
anywhere, anytime, with cloud-based security.
Corporate credit cards
Corporate cards are a great a great tool for global spend
management.
Listen to the webinarListen to the webinar
of people we asked were
concerned about their
international employees
feeling connected to
and supported by
headquarters.
82%
Listen to the webinarListen to the webinar
Make sure you can handle
global payroll and expenses.
Listen to the webinarListen to the webinar
Get global updates and other important
information delivered to your email.
www.radiusworldwide.com
Or visit the webinar archive for more insight
from the global growth experts.
Visit the Archive
Subscribe to the Blog
Got yourself in a kerfuffle over your
loonies and toonies?
Connect with Radius:
US: +1 888 881 6576 UK: +44 (0) 203 005 5518
info@radiusww.com
www.radiusworldwide.com
Radius helps companies expand and win globally.
Expanding internationally?
Don’t miss this!
STRATEGIC
WORKFORCE
PLANNINGFOR GLOBAL GROWTH INITIATIVES
View the Slideshare

Global Payroll & Expenses: Why Your Process is Outdated

  • 1.
  • 2.
  • 3.
    As your organizationexpands internationally, the complexity of your operations will increase.
  • 4.
    Payroll and expenses areno exception. Listen to the webinarListen to the webinar
  • 5.
    Processing multinational payrolls,paying employees on time, managing expense reporting, tracking vacation time and complying with local regulations can leave room for error and potential exposure to significant compliance penalties. Listen to the webinarListen to the webinar
  • 6.
    It can feellike a maze. It’s full of complications such as language barriers, currency differences, operating difficulties and local nuances. Listen to the webinarListen to the webinar
  • 7.
    Listen to thewebinarListen to the webinar Manycompaniesarenotprepared forglobalpayrollchallenges Challenges include cultural differences, varying time-zones, a lack of global leadership, incompatible technologies, multiple currencies and data-privacy compliance.
  • 8.
    Unlike HR, financeor accounting, payroll cannot wait. As soon as you’re global, you must address payroll. Listen to the webinarListen to the webinar
  • 9.
    As a result,many companies have dispersed operations. They end up with many different vendors and many different ad-hoc, haphazard solutions. Listen to the webinarListen to the webinar
  • 10.
    Multiple vendors oftenmeans inconsistent service levels, which is damaging to reputations. Listen to the webinarListen to the webinar
  • 11.
    The process andflow of information should be the same regardless of the country and the geography. Listen to the webinarListen to the webinar
  • 12.
    Payroll should ofcourse be streamlined, but you must allow for the idiosyncrasies of local processing and capabilities. Listen to the webinarListen to the webinar
  • 13.
    What’s already inplace? Who do you have on the ground locally and what are their roles and capabilities? Listen to the webinarListen to the webinar
  • 14.
    Understanding who youhave and what they do will help you make some strategic decisions. Listen to the webinarListen to the webinar
  • 15.
    What are youroperating costs? Understand today’s costs as well as future costs for each country of operation. Listen to the webinarListen to the webinar
  • 16.
    Carry out aninternal gap analysis. Listen to the webinarListen to the webinar
  • 17.
    Maintain a balancebetween the need for centralized processes and efficiencies and the need to comply with local requirements and cultural differences. Listen to the webinarListen to the webinar
  • 18.
    Listen to thewebinarListen to the webinar Make sure local requirements are known and addressed.
  • 19.
    Are your teamsworking with a global mindset? This will ensure consistant data reporting and tracking. Listen to the webinarListen to the webinar
  • 20.
    Do you haveconfidence in your international suppliers? Listen to the webinarListen to the webinar
  • 21.
    Do you havea system that is fit for purpose, and can you manage expenses, timesheets and PTO at a global level? From your employees’ perspective Listen to the webinarListen to the webinar
  • 22.
    Operational details canget in the way of overseas productivity and employee satisfaction. If you don’t have automated expense reports, timesheets or vacation tracking, now is the time to start! Listen to the webinarListen to the webinar
  • 23.
    There are somekey considerations for ensuring your expense system can support your global expansion ... Listen to the webinarListen to the webinar
  • 24.
    Value-Added Tax (VAT) Advancedand automatic calculation helps ensure compliance. Listen to the webinarListen to the webinar
  • 25.
    Multiple currencies Do youhave a central system that automatically converts currencies? Listen to the webinarListen to the webinar
  • 26.
    Corporate policies Distance fromheadquarters can result in noncompliance. Listen to the webinarListen to the webinar
  • 27.
    Listen to thewebinarListen to the webinar Web and mobile access You’ll need the ability to submit expense reports anywhere, anytime, with cloud-based security.
  • 28.
    Corporate credit cards Corporatecards are a great a great tool for global spend management. Listen to the webinarListen to the webinar
  • 29.
    of people weasked were concerned about their international employees feeling connected to and supported by headquarters. 82% Listen to the webinarListen to the webinar
  • 30.
    Make sure youcan handle global payroll and expenses. Listen to the webinarListen to the webinar
  • 31.
    Get global updatesand other important information delivered to your email. www.radiusworldwide.com Or visit the webinar archive for more insight from the global growth experts. Visit the Archive Subscribe to the Blog
  • 32.
    Got yourself ina kerfuffle over your loonies and toonies? Connect with Radius: US: +1 888 881 6576 UK: +44 (0) 203 005 5518 info@radiusww.com www.radiusworldwide.com Radius helps companies expand and win globally. Expanding internationally? Don’t miss this! STRATEGIC WORKFORCE PLANNINGFOR GLOBAL GROWTH INITIATIVES View the Slideshare