Payroll has evolved far beyond its traditional role, becoming a vital resource that can inform strategic, data-driven decisions. Many organizations, however, still struggle with reaping the full benefits of their systems.
While companies are embracing technology and the move to the cloud, issues like mistrust of data, ongoing manual work and persistent errors often cause results to fall short.
These challenges don’t stem from technology alone, but from inadequate change management, the need to adjust processes, enhance people skills and improve governance and organizational alignment. Without addressing this, even the most advanced technology will deliver suboptimal outcomes.
Bridging the gap: From good to great in payroll draws together insights from Strada’s 2024 Company Payroll Complexity Report and Workday’s Strategic Ascent of Global Payroll to explore these challenges, while offering practical insights and recommendations to help businesses transform from good to great.
Click to read Bridging the gap from good to great in payroll | US Edition
