Managing changing business needs in an increasingly global economy
Current economic conditions are ripe for mergers and acquisitions and private equity and spin-off activity. As a result, some organizations need to rapidly break from the parent organization or integrate large new groups of employees in cross-border locations. Others need a predictable cost structure to stay on budget. In a time when many companies are experiencing rapid change and most companies are struggling to control costs, the idea of outsourcing HR/payroll processes becomes highly compelling.
Ceridian HR/Payroll Latitude features appeal to a variety of companies
A multinational global manufacturing company with a multimillion dollar investment in an in-house payroll module transitioned to HR/Payroll Latitude to resolve compliance issues and gain scalability for future acquisitions. Not only is the new solution cost predictable, it has also enabled the company's human resource professionals to focus on strategic issues and reduce their level of IT support.
A rapidly growing eye care company with more than 80 locations in the United States and Canada experienced reporting issues as a result of two separate HR/payroll databases. The company needed scalability to accommodate its future growth plans and to achieve a global presence. With one point of data entry, the integrated HR/Payroll Latitude solution will save the company $200K annually, simplify reporting and support future growth. A beverage and energy drink manufacturer and distributor in the United States and Canada grew from 300 to 1,000 employees in just three years. Rapid growth and disparate HR/payroll databases -- which required manual processes and resulted in inconsistent HR tracking -- created noncompliance issues for the company. HR/Payroll Latitude brought the company into compliance and achieved a cost savings of $300K."In an increasingly global economy, both business consolidation and growth can become magnified as companies have operations in multiple countries," says Charlene Brennan, Ceridian product manager -- Canada. "Companies should consider best practices when tackling important decisions such as outsourcing to accommodate the business situations in today's economy."
When they are considering outsourcing, Brennan suggests that companies look for solutions and providers that offer:- Simplification and streamlining of data management in a single database that supports strategic, data-driven decisions.
- Flexibility and adaptability in business requirements through Web-based solutions that reduce the need for internal support resources.
- Proven experience and technology, including repeatable and reliable service, seamless transfers to in-country experts and dependable cost management for predictable costs.
- Development of a sound partner relationship where the provider assumes the role of a trusted advisor.
Released in May, Ceridian HR/Payroll Latitude is the first outsourced, single-database solution for companies operating in the United States, Canada or both countries. The integrated Web-based HR, payroll and benefits solution combines a common cross-border HR foundation with in-country payroll capabilities for both the United States and Canada. Key HR/Payroll Latitude features include:
- Single, cross-border solutions that leverage a single database with common processes and consolidated reporting, along with in-country payroll capabilities for both the United States and Canada.
- Integrated flexibility that offers powerful optional expandability into the widest breadth of solutions in the industry, including time management solutions, talent management, recruiting and employee self-service. In the United States, tax filing and COBRA and benefits administration may be integrated as well.
- Cross-border compliance with the ever changing HR, payroll and tax regulations in both the United States and Canada.
- Powerful reporting that taps into the power of information across an entire cross-border organization or for individual business units. Power Query reporting functionality provides on-demand access to payroll and HR data to make data-driven decisions and simplifies data gathering and reporting through the use of a large library of templates, point-and-click ad hoc capabilities and an integrated export to Microsoft Excel.
- Software-as-a-Service (SaaS) hosted software that is accessible through a browser. This eliminates the need for licenses, hardware and monitoring services, and reduces the costs associated with internal support resources while keeping users current with the latest product enhancements.



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