Key Considerations for Outsourcing Payroll
March 2011
| Phil Fersht
Human resources data is the fulcrum of any business. The ability to have real-time, integrated information about staff profiles and performance, compensation, and location is paramount to providing management with crucial information to make decisions.
Moreover, for the international corporation, the benefits of managing an integrated global HR operation increase exponentially in today’s markets. There is often no better platform on which to base this HR data than at the payroll level, where all the metrics necessary to ensure staff are fully accounted for, paid, organized and stored effectively. If companies can harness that, they can develop additional human capital-related programs using the data.
(21 pages)
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