There is a fashion for everything even for HCM topics. The heating discussions about talent acquisition are slowly replaced by not less heated discussions around mobility and workforce analytics.
Thanks to Dave Duffield, payroll suddenly also become a hot topic. Without intending to do so, Mr. Duffield helped us to realize what a commodity SAP has. Not only because SAP has a unique ability to run payroll for 90 countries on the same instance in all 34 languages and be legally compliant; but also because we (SAP) have an army of devoted fans in the face of our customer base payroll departments. That same army that could easily make a connection between the correctness of employee paycheck and not only employee productivity but also company performance. For those people the integration between SAP HCM and SAP Finance has reality of those few seconds they spent doing the posting of payroll results on the most detailed level.
I was recently on a call where the customer implementing SAP Payroll to replace PeopleSoft Payroll admitted that an analysis of the discrepancies between payroll calculations in parallel demonstrated that SAP Payroll calculations were indeed correct, and all errors were deficiencies of the PeopleSoft Payroll solution. The person talking was so proud for making the right choice.
Isn’t it great to know that this not just an isolated example a customer reporting that SAP payroll performance exceeds that of PeopleSoft? And not just by a little…the customer reported a greater than 90% reduction in annual payroll processing costs, and a 67% faster payroll processing cycle-time after implementing SAP Payroll? Have any of you had similar experiences? Would love to hear your stories as well.
You can also hear from one of our customers, Cameron International, about their experience running global payroll in today’s dynamic market.