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The Evolving Role of Payroll in Strategic HR Management

Publisher IDC
Published Mar 29, 2024
Length 9 Pages
SKU # IDC18658475

Description

The Evolving Role of Payroll in Strategic HR Management


This IDC Market Perspective discusses the evolving role of payroll in strategic HR management, driven by advancements in AI and cloud-based technologies. It highlights how these innovations have transformed payroll from a transactional process to a strategic asset, providing insights into workforce management and organizational efficiency. This IDC Market Perspective explores the market dynamics, challenges, and opportunities in this transformation, along with the technological advancements reshaping payroll and HR management. It concludes with case studies, advice for technology suppliers, and a future outlook on the integration of payroll into strategic HR management."Payroll, once a transactional process, is now a strategic asset driving workforce management, compensation strategies, and organizational efficiency." — Sam Halwani, research VP, Human Capital Management at IDC

Please Note: Extended description available upon request.

Table of Contents

9 Pages
Executive Snapshot
New Market Developments and Dynamics
Introduction
Industry Dynamics
Market Dynamics and Evolution
Challenges
Opportunities
Technological Advancements in Payroll
IDC Perspective
Advice for the Technology Supplier
Conclusion
Learn More
Related Research
Synopsis

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