Reduce Costs from Global Payroll

With automation of over 50% of inputs, Immedis helps reduce payroll costs and headcount

The payroll process can be reduced from 16 days to 6 days.

The Challenge

With no global approach to payroll, the process is full of manual tasks, errors, and poor employee experience. Worse still, the payroll calendar can take up to +16 days, leading to massive change files and more manual intervention.

Consequences

Multiple vendors cause significant administrative overhead and global payroll is perceived as inefficient

Errors and re-runs lead to overpayments and employee dissatisfaction

Disparate processes lead to cost increases, including multiple payroll re-runs due to inaccuracies

Payroll team working on low value, often manual tasks

The Solution

By automating many of the global payroll inputs, Immedis enables the team to work on high value strategic work, with fewer errors and reruns. This leads to improved employee experience with leaner headcount for payroll admin.

Outcomes

Immedis delivers 99.97% first time right, leading to improved employee experience with leaner headcount

Improved FTE to payslip ratio with more strategic work being carried out by the payroll team, reduction in manual admin work

Reduction in the number of vendors and contracts with payroll providers

Reduction in costs due to less errors, overpayments and reruns

The platform, using inbuilt artificial intelligence with RPA, identifies errors ahead of time, perpetually validating all inputs

All country specific compliance is managed and controlled within the Immedis Platform and you have one contract and one point of contact.

Why Global Payroll Consolidation is Critical for Hypergrowth Companies

Despite the pandemic, there are still companies that have entered phases of hypergrowth like Zoom, Checkout.com, Canva, and Snowflake. As exciting as it sounds, those in the middle of it all have to deal with many challenges, including managing a fast-paced environment and developing and executing continuously evolving business strategies.

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Why Global Payroll Consolidation is Critical for Hypergrowth Companies

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Let us help you reduce your payroll costs immediately on Day 1.