Tip to Selecting the Right Global payroll Service Provider
When considering an international payroll partner, the first question companies should ask themselves is whether to seek out a payroll partner that specializes in a single territory, or a partner that can provide payroll services on a global scale. When looking for a global payroll service provider, the focus or decision factor should be on finding the solution that best equips you to be compliant in the countries you are entering. If, on top of this, the solution is cost efficient and gives you the right amount of technology to meet your needs, the solution will not only be right for your business but also easy to sell to key internal stakeholders. For many businesses the thought process is the other way around, they start with the ‘cost saving’ factor. The issue with this approach is that, as you build your solution, you realise that cost cutting comes back to you soon enough in the way of additional services needed (that cost more money) and inefficienci