With Mazars’ global payroll management platform PayWorld, powered by Payzaar, we bring our customers state-of-the-art technology innovation to help optimize their payroll operations.
PayWorld - powered by Payzaar - enables all your HR and payroll team members around the world to work in one single global platform in order to generate the payrolls for each of your countries. It simplifies and standardizes the payroll operations across your organization, driving more consistency and strong governance.
PayWorld helps to:
- Streamline and automate processes
- Strengthen transparency and operational controls
- Aggregate data and enable consolidated HR data analytics
- Simplify integrations to third party HR and finance systems (e.g. Workday, SAP, Oracle, Netsuite)
- Securely exchange and store information across all parties involved
PayWorld consists of 4 main pillars:
1. Operations control |
- Task management and workflow tool
- Status monitoring and alerts
- Online team calendars with escalations and delegations
| - Secure online communication platform
- Central document management
- Compliance tracker
- 100% audit trail
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2. Reporting and analytics |
- Consolidated reports of all global HR and payroll data
- Filter by region, country or pay group
- Drilldowns into pay elements and individual employees
| - Unlimited custom reports based on specific parameters (e.g. define population, data set and time horizon for custom report)
- Export of any report for offline analysis
- Trends and forecasts
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3. Data automation and validation |
- Central data preparation console
- Automated data validation
| - Automatic operations KPI and SLA tracking
- Automated report generation
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4. Integrations | |
- Integrations of payroll with accounting systems (SAP, Netsuite, Oracle, Dynamics 365, Sage, etc.)
| - Integrations of payroll with HR systems (Workday, SAP SuccessFactors, Oracle, etc.)
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Section 35 of the Companies (Corporate Enforcement Authority) Act 2021 (the “CEA Act”) provides that a director shall include their personal public service (“PPS”) number in the completion of certain filings at the Companies Registration Office (“CRO”).
Each year we can see a lot of changes in legislation concerning payroll. With the increased complexity of getting payroll right, employers realise payroll is an essential function within any firm.
Mazars was presented with the 2022 Judges Award from the Global Payroll Association.
Documents
Mazars outsourcing payroll solutions
Mazars international payroll outsourcing