target audience: TECH SUPPLIER Publication date: Jun 2024 - Document type: IDC Survey - Doc Document number: # US52324124
Payroll in Hybrid Work Environments
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Abstract
This IDC Survey examines the results of IDC's Payroll in Hybrid Work Environments Survey, which explores how the transition to hybrid work environments has introduced significant challenges in payroll management, such as ensuring tax compliance, protecting data security, and managing expense reimbursements. This multi-survey shows advanced technologies like AI, machine learning, and cloud-based HR systems are critical in addressing these challenges. AI and machine learning provide predictive analytics and automation, reducing errors and enhancing efficiency. Cloud-based systems offer scalability and real-time updates, improving data management across regions. Mobile and digital tools empower employees with self-service capabilities and real-time access to payroll information, boosting satisfaction and engagement. Strategic partnerships with global payroll providers help navigate international payroll complexities, ensuring accurate and compliant payroll processing. These technologies collectively enhance compliance, efficiency, and employee satisfaction in hybrid work environments.