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Why Payroll Needs Dedicated Payments Technology

Published by Papaya Global

Global payroll technology lags far behind other essential corporate functions like HR or Finance – especially when it comes to payroll payments.

Most modern offices use sophisticated management solutions such as Human Capital Management (HCM) and Enterprise Resource Planning (ERP). But payroll managers still rely on software developed decades earlier – before the rise of global business, remote work, and increased compliance complexity.

Without dedicated technology unifying the entire process, global payroll has become a patchwork of solutions. The procedure is split between global payroll providers and payment services, with each only covering part of the payroll journey. 

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Related Categories Audit, Enterprise Resource Planning (ERP)