The Global Payroll Challenge
Lots of different local payroll partners to manage across all countries
Multitude of different systems and processes across the payroll operations in various countries
Lack of global oversight over the status and potential issues in your local payroll processes
No or very limited global reporting that aggregates and consolidates payroll data across the different countries
Ensuring compliance with constantly changing local laws and regulations impact payrolls and tax deductions
No real benchmarks just how well your local payroll provider actually performs compared to other local vendors
Payzaar is here to revolutionize the global payroll market. Payzaar is the first open, connected and transparent marketplace for global payroll solutions. By connecting local payroll providers to the Payzaar hub, we make them part of an integrated global solution that consists of consolidated global reporting, global payroll operations controls and a single global user experience.
The best part is that we can do so with minimal disruption by leveraging existing relationships with local payroll providers. Thanks to our highly configurable system we can get you up and running in a matter of days, not weeks or months.
Payzaar is based on our firm belief in a free market environment that is founded in transparency, choice and competition.
Contrary to the closed networks of traditional global payroll providers Payzaar is a network that is open to any local vendor and allows vendors to easily offer their services integrated into a broader global solution. No need to switch your current vendors, just connect them into our global network. Payzaar also helps to create full transparency regarding vendor strengths and weaknesses by publishing vendors stats and client feedback and gives you the choice to work with the vendors that best suit your needs.
Payzaar lets you aggregate all your local payroll data globally so you can look at the big picture and compare across countries. Our reporting tool is flexible so you can configure your global payroll reports to your specific reporting needs, making sure they are meaningful and being used. In addition, you can drill into the data down to the individual line item to see all the details in real time.
Payzaar offers you a comprehensive operations dashboard so you can track the status of your monthly payroll runs across all countries and intercept any issues in real time. Payzaar also works with local payroll providers to ensure highest operational standards and excellence in compliance with all local and international regulations.
HR Data Integration
With Payzaar’s innovative data integration tool we help clients to connect their core HR data – whether already captured in a consolidated HR System of Record or being pulled from a variety of online or offline sources – to the payroll system of the local payroll partner of their choice. The data integration tool supports a mix of automated data feeds, uploads of flat files as well as manual data entries. Digitize and automate your data capture – no more need to fax or call in data – and avoid costly and error-prone re-entry of data! ]