Organizations continue to face challenges in the ever-evolving workplace. With added pressures such as leveraging advancing technologies and offering hybrid options, global organizations need to rethink their workforce strategies to stay ahead and prevent inaccuracies, delays, and employee burnout. To operate efficiently, consistently, and in compliance with rules and regulations, many organizations are moving towards a managed services model.
Payroll leaders will find much to consider in the free PayrollOrg webinar “Managing Risk: Navigating the Decision to Embrace Payroll as a Service for Your Organization—Part 2,” sponsored by Dayforce.
A Growing Complexity Crisis
During the webinar, Rafael Tercarolli, Principal Value Advisor at Dayforce, broke down how six key issues affect payroll:
- Wage and hour litigations
- Business growth and complexity
- Remittance penalties
- Data privacy and cybersecurity
- Data and process audits
- Payroll staff turnover
Teracarolli notes the monetary costs associated with each issue and the percentages of companies reporting such problems, inviting attendees to answer live polls about what issues they face. He ties the conversation back to just how important these issues can be.
“In today’s environment of increasing scrutiny, tackling these challenges isn’t just a good business practice,” Tercarolli said. “It is essential for maintaining your financial stability, your legal integrity, and your long-term growth.”
Considering Payroll as a Service
Tercarolli encourages attendees to have a conversation with their C-suite regarding whether their organization could benefit from employing a managed payroll service. He presents a data-driven framework that can be used to build an effective business case for choosing a managed service, touching on such facets as:
- New, updated data surrounding outsourcing payroll versus traditional payroll management
- Top considerations when exploring payroll as a service (PaaS), including key characteristics to look for in a managed partner
- How to determine if a managed payroll service is right for you
- Nuances of wage and hour and tax compliance with consequences for noncompliance
Register today to get all the details from this free, on-demand webinar available through 31 July 2025.