As small and medium-sized enterprises (SMEs) grow in size and
scale, the complexity of their payroll process changes.
This briefing paper looks at some of the major trends and
challenges that SMEs in Asia Pacific can face when managing
payroll, advising on best-practices for those companies seeking to
partner with a third party supplier in order to manage this
function.
The Asia Pacific region is vast and varied; it is home to
two-thirds of the world's population, with a myriad of
currencies, languages, and cultural norms and a heterogeneous mix
of developed and emerging economies. With a decade of rapid growth
continues and more free trade agreements being signed, many
companies consider an expansion in this region is key to growth in
the years ahead. However, this will demand a high level of
expertise and local knowledge of the changing regulatory
environment.
