Payroll Goes Global: Optimizing Workforce Payments for International Businesses

International hiring increased an eye-popping 145% in 2022. However, managing a global workforce complicates payroll processing. 74% of senior payroll decision makers are forced to run multiple payroll systems, dramatically impacting reconciliation and cash visibility—not to mention putting competent operations at risk.

This report takes a deep dive into global payroll—including indirect global, employer of record, and contractor–payroll platforms—and how to solve for challenges in optimizing FX, working with local bank transfers, remitting in real-time, and centralizing controls and transparency.