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Regional Payroll: What You Need to Consider

Regional Payroll: What You Need to Consider

Regional payroll management is a complex undertaking even to HR professionals. Most multinational HR Officers are requiring digital systems that can reduce their HR team’s burden of managing many different local compensation systems.

Many aspects should be taken into consideration while choosing your payroll management system:

  • Centralized or Decentralised management of regional payroll
  • Regional standardization of HR policies and compliance
  • Multiple or single company deployment from a single platform
  • Complex payroll management for employees working in multiple jurisdictions
  • Employee cross-regional transfers
  • Real time consolidated reporting of both domestic and overseas operations
  • Multi-language and operational procedures
  • Comprehensive system integration capabilities

Take5 People’s payroll system meets all the essential requirements of managing regional payroll. It provides users with a highly configurable backend, a powerful calculation engine and built-in statutory reports covering multiple regions in Asia.

Click “Download” on the right to learn more about Take5 People’s HR & Payroll System.

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