Summary:
The ability to integrate a company's multinational payroll across European country boundaries in a single system, supported by a centralized services center, has been a distant vision for many HR and Finance executives of Pan-European organizations over the last two decades. Multinational payroll in Europe is an end-state to which many companies aspire, but very few have yet realized. With the rapid advances brought about by the combination of technology and globalization, the market is starting to demand a solution. In the past 18 months, over 40 European multinationals have explored the market offerings to achieve a joined-up and consistent payroll service. The rapid movements towards BPO and strategic sourcing are now providing the leverage to integrate HR data based on a payroll platform. Moreover, some of today’s HR services providers now have the technology and services infrastructure to make this a reality. This EquaTerra brief explores the benefits of Pan-European payroll solutions, the pitfalls and the options for organizations, and how payroll can provide a critical data platform that underpins a successful BPO strategy.

Click here to download the executive summary Click here to purchase this whitepaper