In this article, we discuss:
How we’re strengthening our global payroll strategy by developing deeper integrations with strategic partners and delivering new native payroll offerings to customers worldwide.
Workday’s commitment to providing customers with choices for the payroll solutions that best suit their needs.
How our global payroll strategy empowers customers with a connected and powerful HR and payroll experience.
In keeping with the transformation of HR, payroll is also evolving. The unparalleled disruption in recent years—changing compliance complexities, increasingly distributed workforces, and a greater need to improve employee experiences—has compelled organizations to rethink how they operate. In fact, according to Sapient Insights Group, more than 50% of global organizations are considering changing their payroll, time and attendance, and analytics applications by the end of 2024.
But understandably, managing global payroll is complicated. Operating payroll across a global landscape requires flexibility and having a unified and secure place to access the data needed to operate.
At Workday, we’ve always been committed to providing customers with quality native payroll solutions and an innovative payroll engine, but even more so, we’re committed to paving a path forward, hand-in-hand with our customers and partners. That’s why we’re bolstering our approach to global payroll by expanding our strategic partnerships and making it even easier for customers to manage their payroll in one place.
Today, we work together with hundreds of partners across the globe to help customers accelerate innovation, deploy new capabilities, and support complementary capabilities. So it’s natural that we’d also take advantage of our partnerships for our global payroll strategy, as it reflects the nature of what businesses need to thrive in the future of work: trusted partners who enable agility to navigate global complexity.
Together, with the Workday platform, our payroll partners enable our customers to operate across a multifaceted global payroll landscape, helping to streamline operations across countries while also providing specialized assistance for complying with regional regulations. As a result, our global payroll strategy enables our customers to drive growth and transform their payroll into a strategic function fit for the new world of work.
The Global Payroll Platform: The System of Engagement for Customers Worldwide
Strengthened by advances in technology, companies can now expand their reach across the globe more easily. Our approach is designed to reflect the real-world operations of global payroll. Simply put, our global payroll strategy helps organizations using Workday Human Capital Management (HCM) to seamlessly interact with our native Workday Payroll system or connect to third-party providers as needed, all while ensuring a safe, precise, and efficient experience.
We are evolving our Workday Cloud Connect for Third-Party Payroll (CCTPP) to the Global Payroll Platform (GPP) with a bidirectional flow of data to enable even tighter integration and enhanced employee, administrator, and implementation experiences. GPP enables customers worldwide to process critical components as they run payroll, including workforce data, absence, time tracking, benefits, compensation data, and more—and align with the regulations specific to the locality. This also leverages Workday’s responsible AI-infused data core (all within Workday HCM).
Reshaping the Global Payroll Experience With an Expansive Partner Ecosystem
Customers are at the center of the decisions that we make. As such, we’re committed to creating user experiences that provide customers with options to meet their evolving payroll needs, wherever they are.
Workday Payroll is fully integrated with Workday HCM and Workday Financial Management, and is available in select countries. For payroll needs outside of these regions, Workday makes it easy to integrate to third-party payroll providers around the world using certified, prebuilt integrations.
That’s why a key pillar of our global payroll strategy is extending the power of the Workday platform with strategic payroll partnerships and the current Workday Global Payroll Cloud partner network. Our recent expanded partnerships with ADP and Alightare indicative of how we’re helping customers accelerate their transformation with an enhanced payroll experience. These partnerships will create deeper visibility into payroll operations in one place to interact with payroll, whether it’s a Workday native payroll solution or partner provided. These partnerships are integral to our mission in building a more streamlined experience for payroll administrators, and a better experience for joint customers overall, and we’ll continue making investments to better serve our customer community.
Designing a Robust Global Payroll Strategy for an Ever-Changing Business World
Our global payroll strategy is designed to meet not only the demands of today, but to also adapt to the challenges of tomorrow.
As your trusted partner, we are committed to continuous innovation that empowers our customers with options that meet their needs. Combining the Workday platform with our expansive—and expanding—partner ecosystem offers customers a powerful and connected HR and payroll experience, now and into the future.
