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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Brian Sparling, ChMCIPP
Payroll Delivery Manager
Ceridian
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Why Research Technology?C
om
ple
xity
1800s 1980 1990 2000 2007 2018
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Payroll Process
OnboardingTime &
Attendance Benefits
Self-service
Payroll
Processing
Reporting
Termination
|
|
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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
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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.
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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
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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?
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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?
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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%)
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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
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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?
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Termination
Outsourced10%
Offline / paperbased
24%
In-house28%
Point / ERP / HCM Tech
34%
Other4%
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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
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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?
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Conclusions
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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
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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
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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
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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