Our esteemed client, a leading global player in the biotech industry, recognized the need for a modern and streamlined approach to payroll operations. Headquartered in Australia, the company is a globally established leader in the fields of rare and serious diseases, influenza vaccines, iron deficiency and nephrology. There was a significant opportunity to enhance client’s payroll setup to fulfill the demands of today's business environment, including the need for agility, flexibility, visibility, and accuracy.
6 different payroll systems for managing payroll for employees in 5 countries leading to significant efforts & time to ensure timely and accurate processing for entire workforce in those countries
Not all payroll systems were integrated with the Workday and Kronos HCM systems
Lack of integration along with manual intervention were resulting in inefficiencies, errors, and inconsistencies in managing employee data and compensation
Lack of standardized processes leading to duplication of efforts, data inconsistencies and more efforts