Seven is better than one: Why the PSA is the ultimate payroll provider5th Oct 2017
As a company looking to expand internationally, you may feel the need to bundle your payroll and HR with a single provider. The Payroll Services Alliance (PSA) can provide this solution: seven Leader payroll service companies have combined their services into a unified offering that consists of strong local expertise, supplemented by an international level of coordination and integration.
The seven leading payroll services providers that together form the PSA include SD Worx, Aditro, Ascender, Ceridian, Elanor, F2A and Seresco. The partnership yields more than 1600M€ revenue, with over 13,000 employees. The alliance, covering Europe, America and Asia Pacific, services over 130,000 customers, providing in excess of 32M payslips each 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.
Payroll problem-solving solutions
For global organisations, payroll professionals can face a multitude of challenges. These include payroll accuracy, service level, cost and partner management: the PSA aims to resolve these issues through the solutions and services that they deliver, and constantly develop these services in line with changing customer needs in terms of payroll and HR, in an increasingly globalised world.
The PSA offers companies operating in more than one country a standardised level of service. Instead of having to deal with several suppliers with different ways of working, you can rely on one trusted partner who takes care of your entire payroll and HR worldwide. This allows you to simplify your partner management. Businesses gain simplicity and ultimately save time, and money.
‘Think Global, Act Local’
The PSA is essentially an extension of its members’ organisations. The alliance delivers local expertise on a global governance level, while ensuring scalability, flexibility and visibility: all important factors for companies looking to expand regionally.
Payroll is driven by local legislation, and businesses with multinational locations need experts to ensure these laws are followed in each region to ensure peace of mind. As a member of PSA, not only do you have one global system of record that you can manage your entire employee population in, but you don’t have to become an expert in each region in terms of governance and compliance. Instead, you can rely on PSA to ensure you remain compliant with a ‘glocal’ mentality.
To learn more, listen to the full webinar here. Want to get involved in the global payroll discussion? Tweet us at @PayrollPSA using #GlobalPayroll and follow us on LinkedIn: Payroll Services Alliance.
To learn more about what the Payroll Services Alliance can do for your business, please get in touch.
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