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Global payroll is a complex and challenging process, largely because so much of it has been handled manually for so long. And itu2019 s not just the calculations of salaries, taxes, and benefits. Itu2019 s all the moving parts of the process that make payroll the connection between all workforce management tools, particularly the data sync between your HCM and your payroll software<br><br><br>Read more @ https://hrtechcube.com/ai-cuts-hcm-syncs-to-one-day-with-papaya/<br><br>
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Papaya Brings AI to Cut HCM Data Syncs to One Day hrtechcube.com/
Global payroll is a complex and challenging process, largely because so much of it has been handled manually for so long. And it’s not just the calculations of salaries, taxes, and benefits. It’s all the moving parts of the process that make payroll the connection between all workforce management tools, particularly the data sync between your HCM and your payroll software.
The HR-payroll data sync should be automatic. But in reality, it’s one of the most frustrating parts of the process. We learned from a survey of payroll professionals that their HR-payroll sync fails about 15% of the time. And that’s even with some level of automation connecting them. The reason is that automation is not really sufficient for the task. Payroll managers still need to identify and organize the HR data fields they will import.
And that might also be a conservative estimate. There are cases in the industry today when implementation takes as long as a year. In tech terms, that’s a near eternity. By the time it’s ready to use, it’s obsolete. So going from one year to even a single day is a reason to celebrate. Once that part is complete, you can drag and drop your HR data into the Cloud Connector, and the advanced technology handles all of the sorting and resolves the compatibility issues.
Papaya Global Papaya Global Papaya Global is a SaaS fintech company enabling enterprises to master the complexities of workforce management. Papaya’s comprehensive technology, known as Papaya OS, is the only global platform that offers payroll and payments as a unified process. Papaya provides an embedded, end-to-end solution for the entire payroll journey
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