Payroll Excellence: Making payroll accounting future-proof

The question of how best to organise payroll accounting is more topical than ever. In a rapidly changing environment with various regulations and requirements, payroll must always be correct, legally compliant and punctual. How can this work? Our "Payroll Excellence" study shows how.

The study sheds light on the challenges and best practices of payroll in a global and local context. The 20 participants in the expert interviews come from large SMEs to DAX40-listed companies, as well as BPO providers and tax consultants. These rare insights into the sensitive area of payroll are provided along the six dimensions of our proven KPMG operating model: strategy, processes, systems, organisation, employees and management.

The study makes it clear that payroll is much more than just paying employees on time. It plays a central role in complying with legal requirements, minimising risks and increasing employee satisfaction. Insufficiently reimbursed travel expenses or even late payment of salaries can have serious consequences. They often result in complaints and a loss of trust in the employer on the part of employees.

Payroll also plays a strategic role in corporate management: it not only provides important data for financial planning and personnel decisions, but also forms the basis for robust ESG reporting on equal pay, for example.

The "Payroll Excellence" study illustrates how complex the requirements for payroll accounting have become. However, it also shows how companies can make their processes more efficient through targeted adjustments. Our experts will give you valuable recommendations on how you can make your payroll fit for the future.