How To Harmonize Your Payroll Process In Central And Eastern Europe

Disparate processes, systems and suppliers are all creating challenges in the region, but change is in the air.

The harmonization of payroll processes is a key goal for many employers across Central and Eastern Europe (CEE) at the moment. The reason is that they are keen to gain visibility into their operations throughout the region, as well as speed up the time it takes not only to process payroll, but also produce pertinent reports.

But the problem is that, according to recent research conducted by Harvard Business Review and sponsored by TMF Group, a mere 7% of the HR and payroll managers questioned believe their payroll processes are sufficiently standardised, simplified and automated to enable harmonisation to take place today.