Yes, UKG offers comprehensive global payroll solutions through its UKG One View platform. Multi-country payroll software is essential for multinational companies to ensure compliance with local regulations, streamline payroll activities, and maintain accuracy. UKG One View simplifies and optimizes global payroll management by providing a unified view of payroll data, automating payroll processes, and ensuring compliance in over 160 countries. Key components of UKG One View include:
- One View Connect: Centralizes payroll data from multiple countries, offering a consistent and transparent payroll experience.
- One View Managed: Automates payroll processes and ensures compliance with local regulations.
- One View Payments: Manages international payments and employee funding in over 120 currencies, ensuring timely and compliant payments.
UKG One View enhances operational efficiencies, compliance, and real-time global payroll oversight, making payroll management seamless and effective for multinational organizations.
Why Do Companies Invest in Global Payroll Software?
Companies invest in global payroll software primarily for compliance assurance, efficiency, and centralized data management. These systems ensure adherence to diverse local tax laws and labor regulations, reducing the risk of non-compliance penalties. Automation of routine payroll tasks minimizes errors and saves time, allowing payroll professionals to focus on strategic activities. Centralized data management provides better visibility and control over payroll operations, enabling detailed reporting and informed decision-making. Additionally, global payroll software enhances employee satisfaction by ensuring accurate and timely payments and scales easily with organizational growth.
Can UKG One View Be Customized to Fit My Organization?
Yes, UKG One View can be customized to meet your organization’s specific needs. The platform offers flexible configuration options for payroll calculations, compliance rules, and reporting formats. It scales with your organization’s growth, accommodating new employees, regions and regulatory changes. UKG One View integrates with existing HR and financial systems, ensuring consolidated and accurate payroll data. User roles and permissions can be tailored to maintain data security while providing necessary access. Additionally, the employee self-service features can be customized for a user-friendly experience, allowing employees to manage their payroll information through a personalized portal.
How Secure Is My Organization’s Data in UKG One View?
UKG One View employs robust security measures to protect your organization’s data. Advanced technologies secure data, preventing unauthorized access and breaches. Strict access controls ensure only authorized personnel can access payroll data, with customized user roles and permissions. The platform complies with local and international data protection regulations, such as GDPR, and undergoes regular security audits to address potential vulnerabilities. Continuous monitoring and threat detection help identify and respond to security incidents in real-time, ensuring ongoing data protection.
What is the difference between Global Payroll and Multi-Country Payroll?
Managing payroll across different countries requires a foundational understanding of how Global Payroll and Multi-Country Payroll work together to provide a seamless solution. Global Payroll involves managing payroll on a global scale through a centralized system, which standardizes processes and reporting, integrates with global HR and financial systems and consolidates payroll data. This helps create a comprehensive global view and ensures compliance with local laws through a centralized compliance framework, offering a consistent user experience and facilitating global reporting and analytics.
On the other hand, Multi-Country Payroll is the solution that facilitates the processing of payroll for employees in multiple countries. It utilizes the standardized processes and centralized control of Global Payroll to effectively manage payroll operations in each country. By customizing payroll processes, systems and compliance measures to local requirements, Multi-Country Payroll ensures that each country’s unique needs are met while still benefiting from a unified global system. This integrated approach allows for flexibility and local compliance, all within the overarching structure of Global Payroll.