![Transforming-Payroll-for-a-Global-Biotech-Leader](https://www.ramco.com/hubfs/Transforming-Payroll-for-a-Global-Biotech-Leader.jpg)
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.
KEY CHALLENGES
![payroll-systems-were-integrated](https://www.ramco.com/hs-fs/hubfs/payroll-systems-were-integrated.png?width=70&height=70&name=payroll-systems-were-integrated.png)
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
![payroll-systems-were-integrated-](https://www.ramco.com/hs-fs/hubfs/payroll-systems-were-integrated-.png?width=70&height=70&name=payroll-systems-were-integrated-.png)
Not all payroll systems were integrated with the Workday and Kronos HCM systems
![managing-employee-data](https://www.ramco.com/hs-fs/hubfs/managing-employee-data.png?width=70&height=70&name=managing-employee-data.png)
Lack of integration along with manual intervention were resulting in inefficiencies, errors, and inconsistencies in managing employee data and compensation
![processes-leading](https://www.ramco.com/hs-fs/hubfs/processes-leading.png?width=70&height=70&name=processes-leading.png)
Lack of standardized processes leading to duplication of efforts, data inconsistencies and more efforts
![payroll-thumb-2](https://www.ramco.com/hs-fs/hubfs/Imported%20sitepage%20images/payroll-thumb-2.png?width=520&height=523&name=payroll-thumb-2.png)