Global Payroll System Challenges and Solutions

This report investigates the complexities and challenges associated with global payroll systems, commissioned by Deel and conducted by Forrester Consulting. It highlights key findings from a survey of 322 global decision-makers responsible for payroll strategies. The report outlines that global payroll costs are often underestimated, with additional expenses arising from errors, compliance risks, and inefficiencies. Payroll leaders express a strong desire for a unified global payroll solution to streamline operations and enhance employee experience. The report details the top priorities for organizations, including improving payroll accuracy, reducing vendor complexity, and enhancing vendor support. It also addresses the negative impacts of fragmented payroll systems on employee satisfaction and operational efficiency. The findings emphasize the necessity for organizations to consolidate payroll systems to better manage costs and improve overall payroll processes, ultimately aiming for a more efficient and effective global payroll strategy.