Over three decades, payroll has undergone transformative changes, emerging as a linchpin in both employee experience and strategic business planning. Today, it’s expected to deliver pay in real-time, navigate complex compliance landscapes, and facilitate key initiatives like mergers, acquisitions, and global expansions. However, despite its pivotal role and significant financial investment, payroll operations often lack the necessary resources, technology, and executive support. This report sheds light on the crucial need for modernizing payroll operations and recognizing the strategic value that payroll professionals bring to organizations. By championing a modern payroll operating model and investing in its professionals, businesses can unlock greater agility, improved outcomes, and enhanced employee satisfaction. View and download the full study here:
