uk payroll technology trends 2019... · uk 70% eu 16% na 5% la 3% apac 6% 176 respondents uk and...

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© 2018 Ceridian HCM Inc. All rights reserved. Research Findings Summary UK Payroll Technology Trends June 2019

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Page 1: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

© 2018 Ceridian HCM Inc. All rights reserved.

Research Findings Summary

UK Payroll Technology Trends

June 2019

Page 2: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Brian Sparling, ChMCIPP

Payroll Delivery Manager

Ceridian

Page 3: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Why Research Technology?C

om

ple

xity

1800s 1980 1990 2000 2007 2018

Page 4: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Payroll Process

OnboardingTime &

Attendance Benefits

Self-service

Payroll

Processing

Reporting

Termination

|

|

Page 5: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Who?

UK70%

EU16%

NA5%

LA3%

APAC6%

176

RESPONDENTS

UK AND

GLOBAL

0 20 40 60

Financial Services

Government & PublicSector

Retail

Technology, Media andCommunications

Consumer and IndustrialProducts

Energy & Resources

Manufacturing

Hospitality

Life Science andHealthcare

CROSS SECTOR

Page 6: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

A challenging environment?

Compliance32%

Accuracy17%Technology

Transformation14%

Reporting9%

Data Integration8%

Self-service5%

Off-Cycle Adjustments

5%

User Experience4%

Globalisation4%

Other2%

What do you think the biggest challenge is

facing payroll operations?

• Compliance (32%) and accuracy (17%), are the

biggest challenges.

• However, the next 4 biggest challenges are all

tech related.

Page 7: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Onboarding

Outsourced8%

Offline / paperbased

31%

In-house34%

Point / ERP / HCM Tech

16%

Other11%

What technology (if any) does your organisation

use to manage the staff-onboarding process?

• Just under one third of respondents aren’t using

any tech to support

Page 8: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Time & Attendance

Outsourced9%

Offline / paperbased

21%

In-house38%

Point / ERP / HCM Tech

18%

Other14%

What technology does your organisation use to

manage time and attendance?

• T&A is the most likely part of the process to use

an in-house solution.

• High satisfaction level

• But 60% will review

• 48% within 12 months

• Compliance issue?

Page 9: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Benefits Administration

Outsourced21%

Offline / paperbased

25%In-house

33%

Point / ERP / HCM Tech

9%

Other12%

What technology does your organisation use to

administer benefits?

• Largest part of the process which is outsourced

• Very satisfied and no plans to review

• Largest application of this process is done in

house

• Generally satisfied, but 60% are likely to

review within 12 months

• If they are happy, why are they reviewing?

Page 10: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Self-service

Outsourced16%

Offline / paperbased

12%

In-house31%

Point / ERP / HCM Tech

30%

Other11%

What technology (if any) does your organisation

use to manage the payroll self-service function?

• This is an area of the process where later

generations of technology begin to emerge.

• Unsurprising to see the vendor solutions spiking

• In-house solutions, while satisfactory, are likely

to be reviewed (62%)

Page 11: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Payslip Admin and & Payments

Outsourced14%

Offline / paperbased

11%

In-house29%

Point / ERP / HCM Tech

36%

Other10%

Payslip Distribution

Outsourced19%

Offline / paperbased

10%

In-house29%

Point / ERP / HCM Tech

30%

Other12%

Payment Processing

Page 12: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Year-end

Outsourced19%

Offline / paperbased

8%

In-house33%

Point / ERP / HCM Tech

30%

Other10%

What technology does your organisation use to

manage the year-end reporting process?

• In-house solutions are generally highly regarded

for Payroll processing

• However, 60% of respondents reported that they

are review this technology within 12 months

• Regulatory/compliance pressure?

• Ongoing maintenance?

• Future proofing?

Page 13: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Termination

Outsourced10%

Offline / paperbased

24%

In-house28%

Point / ERP / HCM Tech

34%

Other4%

Page 14: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Technology Maturity

• What processes are most likely to use new tech?

0 5 10 15 20 25 30 35 40

Onboarding

Time & attendance

Benefits

Self-service

Payslip Admin

Payroll Processing

Year End

Termination

Point ERP

Page 15: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Technology Intentions

Blockchain

Robotic Process Automation

Chatbots / Virtual Assistants

Cloud / SaaS

Artificial Intelligence

No Plans

0% 5% 10% 15% 20% 25% 30%

Do you plan to use any of the following

technologies in your organisation?

Page 16: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Conclusions

Page 17: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Dayforce identified a opportunity to disrupt the HCM market with a single application for pay, time, and benefits

Traditional Pay Period

Small window to process high volume of data

Data, rework and errors carried over

No work can begin until pay period ends

Pay period ends

Review & Audit

Verify& Process

UnprocessedRework

Payroll commit

Page 18: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Replacing broken serial workflows with continuous calculation of net payroll

Pay Periodusing Dayforce

Pay period ends

Payroll commit

Access to data allows work to begin immediately

Continuous calculation eliminates batch work

Accurate and complete payroll submission

Review & Audit

Verify & Process

Page 19: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

3,850+live Dayforce customers1

58%+Dayforce revenue CAGR – ’12-’182

50+countries

served

4.3Glassdoor

Top Employer

3.1M+employees live on Dayforce3

96%+Customer revenue

retention3

1 March 31, 20192 FX Adjusted3 As of December 31, 2019

Page 20: UK Payroll Technology Trends 2019... · UK 70% EU 16% NA 5% LA 3% APAC 6% 176 RESPONDENTS UK AND GLOBAL 0 20 40 60 Financial Services Government & Public Sector Retail Technology,

Comprehensive presence within UK

FIELD SUPPORT

Throughout UK

CUSTOMER SUPPORT

Local support in Glasgow

PROFESSIONAL SERVICES

Local Project Managers and Consultants

PRODUCT

In-country product and development