Strategic Payroll Evolution
Viewpoint

21 Mar 2025
by Priyanka Mitra, Soumalya Mukhopadhyay, Ojasvi Arora, Varisha Jain

Organizations are rethinking payroll, transitioning it from a back-office function into a vital cornerstone of the employee experience. Evolving workforce expectations, such as real-time compensation insights, flexible payment methods, and transparent pay structures drive this shift. In this new model, payroll not only ensures compliance and accurate payments but also plays a vital role in shaping employee satisfaction and retention by providing personalized financial wellness tools and clear, accessible information.

Modern technology catalyzes this transformation. Automation, AI, and integrated platforms eliminate repetitive tasks, reduce errors, and offer data-driven insights. These advances enable real-time payroll calculations and interactive dashboards, boosting efficiency and accuracy.

Just as technology streamlines processes, managed services add essential human expertise. Organizations benefit from on-ground compliance support, local market insights, and dedicated resources to address diverse challenges across different geographies. By combining advanced technologies with specialized managed services, businesses can achieve a harmonized approach to payroll.

In this report, we provide insights into how organizations can unify and transform their global payroll operations. Our goal is to explain global payroll operations’ complexities and emphasize a holistic payroll approach’s significance to ensure a more robust and future-ready payroll function.

Scope

All industries and geographies

Contents

In this report, we provide:

  • Emerging workforce needs and payroll’s role in addressing them
  • The increasing role of technology in modern payroll
  • The importance of managed services in payroll management
  • Approach to strategic payroll transformation

Membership(s)

Human Resources

Sourcing and Vendor Management

 

Page Count: 18