Multi-national companies have various offices around the world, including their digital globalized workplace. In order to compensate their global employees, they must use multi-country payroll software to help them manage and execute payroll salary distribution smoothly and effectively. Here are the best payroll software available right now for multi-national companies!
18+ Multi-Country Payroll Software
1. Ceridian Dayforce
2. Workday HCM
5. ADP GlobalView Payroll
6. SAP SuccessFactors Employee Central Payroll
7. Oracle PeopleSoft
8. Vantage HCM
10. Blue Marble Global Payroll
11. Unit4 ERP
12. ADP Global Payroll
13. Ramco HCM
14. Papaya Global
16. Ascender Payroll System
19. SD Worx
What Is Multi-Country Payroll Software?
Multi-country payroll software is a globalized version of the HR payroll software where companies’ human relations execute payroll processes and distribute salaries to employees across several countries. The international payroll software allows multi-national companies to distribute payroll salaries to their global employees around the world in countries that they legally operate in.
Multi-country payroll software helps companies, especially multinational companies, to manage and execute payroll processes in one software, as opposed to each country bureau office having separate payroll software that will only cost more money for the company. By using this global kind of payroll software, the processes are more streamlined and organized for human relations.
This payroll system also allows companies to comply with regulation compliance laws through HR compliance software tools, which such compliance also includes the different laws established in their operating countries. The global payroll program also improves the accuracy of the company’s payroll processes across global borders, furthering the effectiveness of the software’s ability to streamline the process more effective for companies.
Multi-country payroll software provides tools and features that are identical to generalized payroll software, except they are optimized for distributing payroll salaries to employees around the world. The software should be able to allow human relations to manage and distribute payroll salaries to multiple countries. The software should be able to integrate with partnering bank(s) in which the payroll is being distributed to their bank accounts or other methods depending on each country’s partnership of banks.
The software should also provide HR compliance software tools where all of the payroll processes comply with business regulations and labor laws. The software should also be able to pay salaries through the operating countries’ respective currencies.
- Features and tools optimized for multi-national companies
- Manage and distribute payroll process
- Integration with partnering banks in distributing payroll
- HR compliance tools
- Multi-currency distribution
Top 10 Multi-Country Payroll Software
1. SD Worx
SD Worx provides workforce management software that streamlines their HR operations including payroll making it an ideal payroll software for accountants. SD Worx has 1,170 employees and earns annual revenue of $235.2 million.
2. ADP GlobalView Payroll
ADP GlobalView Payroll lets companies execute multi-country payroll with its extensive, all-in-one global payroll software. ADP has 68,098 employees and earns annual revenue of $2.14 billion.
3. Ramco HCM
Ramco HCM provides an online HR software that allows human relations to execute payroll distribution globally. Ramco global payroll has 3,511 employees and earns annual revenue of $509.1 million.
Remote provides industry-standard features and tools that help companies execute international payroll distribution. Remote has 909 employees and earns annual revenue of $131.8 million.
5. Ascender Payroll System
Ascender Payroll System’s multi-country payroll software ensures maximum satisfaction with their HCM solutions. Ascender HCM has 746 employees and earns annual revenue of $149.9 million.
6. SAP SuccessFactors Employee Central Payroll
SAP SuccessFactors Employee Central Payroll simplifies the multi-country payroll process by using its cloud management system feature. SAP has 518 employees and earns annual revenue of $75.1 million.
Immedis delivers compliance solutions that let employers execute global payroll distribution smoothly. Immedis has 257 employees and earns annual revenue of $51.7 million.
8. Papaya Global
Papaya Global provides smart global payroll software that allows them to compensate their global employees. Papaya Global has 183 employees and earns annual revenue of $26.5 million.
9. Blue Marble Global Payroll
Blue Marble Global Payroll allows companies to execute payroll distribution to over 150+ countries with its automated tools that allow companies to focus on other matters. Blue Marble has 77 employees and earns annual revenue of $16.2 million.
CloudPlay provides a modern, cloud server-based global payroll software that streamlines the payroll management for multi-national companies. CloudPlay has around 25 employees and earns a revenue of around $5 million.
Can companies use different banks for each operating country through multi-country payroll software?
Yes. Companies can use a different bank that differs from other countries. This is consideration of the fact that most countries have different banks and may not have global banks that employees can use to receive their payroll salary. The multi-country payroll software ensures that the process remains the same for distributing payroll to different banks, but this is subject to the respective bank’s policies.
What is the difference between multi-country payroll software and generalized payroll software?
Generalized payroll software focuses more on managing and executing payroll salary distribution in one operating country, while multi-country payroll software allows multi-national companies to execute payroll salary distribution to different countries on a wider scale.
How much does multi-country payroll software?
Pricing for multi-country payroll software is usually customized, with the software offering more features as the prices increase. Pricing for multi-country payroll software varies depending on the features available and the intended target company. Small companies may benefit more from low-cost multi-country payroll software, while large companies may benefit more from high-cost software.
With multi-country payroll software, mult-national companies can execute worldwide payroll distributions at ease.
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