GOOD PAYROLL IS GOOD BUSINESS
FROM TRANSACTION TO TRANSFORMATION
Payroll is more than just paying employees.
It creates deeper connections between
employees and employers, but at the
same time can act as a key function in
transformation while protecting your
business, data and people — delivering
strategic insights for smarter decisions.
But like any transformation, it starts with identifying and understanding where you are right now.
There is a roadmap, used by world-class companies, you can use to position your progress on your payroll journey.
WHAT COULD YOUR BUSINESS GAIN FROM PAYROLL TRANSFORMATION?
32%
OF BUSINESSES BELIEVE ADOPTING AI IS KEY FOR PAYROLL TRANSFORMATION
52%
OF COMPANIES DISCOVER PAYROLL ERRORS FROM EMPLOYEE COMPLAINTS
93%
OF BUSINESSES SAY THAT DATA SECURITY IS' CRITICALLY IMPORTANT' TO THEIR PAYROLL STRATEGY
24%
OF BUSINESSES CLAIM THEY HAVE DIFFICULTY ATTRACTING AND RETAINING PAYROLL TALENT
Download the full infographic.
The four levels of payroll maturity
Payroll maturity exists across a spectrum, and is often dependent on where your company is at in its lifecycle. Use our tool to see where you stand — and where you can improve.
Basic
Company performs processes manually, minimally monitors payroll, uses ad-hoc governance structures, has inconsistent time tracking, reactive compliance, and weak security controls.
Medium
Company has basic governance structures in place, some monitoring systems, staff training, and security measures, partially automated processes, mixed time-tracking methods, and basic system integration and compliance.
Advanced
Company has well-defined governance structures and robust monitoring, automation, regular staff training, automated time tracking, advanced technology, and strong compliance and security controls.
Best-in-class
Company has exemplary governance structures, advanced monitoring, fully automated processes, continuous training, integrated time tracking, cutting-edge technology, exemplary compliance, and state-of-the-art security.
Payroll is about more than just paying people
I had a general manager who told me, ‘If you go into payroll as a line of work, you’ll always be an expense. You’re never going to generate top line.’ But you know what? Today, we are driving revenue with the work we’re doing.
- Scott Tuszkiewicz, Director, Global PACE, Intuit
26%
say cost efficiencies feature
in the top five key business
drivers influencing global
payroll transformations over
the next two to three years*
My department is now seen as strategic and innovative. I’m proud that the executives come to us to ask for advice, input and trusted analytics. Now we’re able to provide all of that.
- Lyndsey Benson, VP of Human Resources, Steve Madden
53%
of leaders want their
payroll teams to spend
more time on strategic
planning*
We’ve gained efficiencies with the help of ADP. As we continue stabilising, enhancing and improving, we’re going to grow and expand with those efficiencies in place.
- Penny Cavener, Senior Director, Celestica
26%
say operational/productivity
efficiencies feature in the
top five key business drivers
influencing global payroll
transformations over the
next two to three years*
The impact of NASDAQ's payroll transformation has been huge. By partnering with ADP and harmonising on a single platform, we’ve been able to streamline operations and enable global consistency. It gives us a foundation for sustainable growth and continued innovation.
- Luke Adams, VP and Head, Global Payroll and Compensation Accounting, Nasdaq
57%
of leaders want their
payroll teams to spend
more time on integrating
new or emerging technologies*
Hear how payroll became a business asset
Get your report now - discover the 8 domains of good payroll
Payroll is central to good business; if you're looking to improve the way pay and HR supports your employees, then an assessment of your payroll maturity can be a great place to start.
Speak to one of our payroll experts today.
Call us at: 63 2 8 558 1237
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Explore ADP Solutions
ADP offers managed payroll solutions, expertise and unified technology to companies of all sizes. We can flex our payroll services according to your budget, business size, and specific needs.
