With Thanksgiving days ago, Christmas just weeks away and the New Year in sight, it’s a good time to reflect on all that we can be thankful for. Over the past year, all businesses will have experienced unique highs and lows, and although we can make resolutions, no one can predict exactly what 2018 holds.
One thing that is for certain, however, is the importance of thanking those who are there for the ups and downs along the way. So, here’s three things businesses can be thankful for this festive period:
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People are at the heart and soul of any organisation. To show thanks, companies should ensure they deliver the most accurate payroll possible.
Payroll errors can be hugely damaging to businesses – and be a great cause of frustration for employees. For companies looking to expand globally, dealing with different tax regulations and payroll systems can be a challenge. Unless you have the necessary automated systems in place, as well as in-house experts or an outsourced provider who can handle complex regulations in place in different regions, your business will probably end up making the occasional payroll mistake.
By delivering less than satisfactory payroll, you risk disappointing and angering your employees. However, by outsourcing your payroll expertise and services, you can relax when it comes to providing the payroll your employees deserve.
Members of Payroll Services Alliance (PSA) have one global system of record to manage their entire employee population. Because of this, you can count on PSA to ensure you remain compliant with a ‘think global, act local’ mindset.
In addition to guaranteeing accurate payroll, companies can show additional thanks to employees by introducing staff perks, rewards, and training programmes.
Customers are key to any successful business. There’s no better way to say thank you by guaranteeing the provision of simplified, smooth processes in 2018—and payroll is no exception.
For example, when it comes to a global payroll offering, we are constantly working with our partners to develop our combined services offering and deliver local expertise on a global governance level to our customers, while ensuring scalability, flexibility and visibility: all important factors for any business looking to expand their global reach.
For global companies, payroll teams face a wide range of challenges including payroll accuracy, service level, cost and partner management. Our alliance is constantly working to resolve these issues through the solutions and services that we offer, and develop these services in line with changing customer needs around payroll and HR in increasingly globalised times. That’s how we show we are thankful – by never ceasing to think how we can exceed our customers’ needs.
The PSA is made of seven leading payroll service companies who have combined their services into a unified offering made up of local expertise, with an international level of coordination and integration. Without each one of these amazing partners, the PSA simply wouldn’t exist – so we’d like to say a huge thank you!
The seven organisations that form the PSA are SD Worx, Aditro, Ascender, Ceridian, Elanor, F2A and Seresco. We’re stronger in combination: the partnership yields over 1600M€ revenue, and has in excess of 13,000 employees. Our partners combined cover Europe, America and Asia Pacific, providing services to 130,000 customers, providing more than 32 million payslips every month.
The combination of regional strategic members makes the PSA unique. These partners deliver impressive global solutions through integration of local expert solutions and knowledge. The focus of the partnership is on high quality and guaranteed compliancy rely on the unique combination of an international framework (one contract, harmonised service levels), while providing customers with packages to suit their specific needs, which in turn help them to tackle key business challenges on a global scale.
Make sure you show thanks to your customers, partners and employees this festive season!
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