Impact of Global Payroll Outsourcing on Organizational Efficiency & Cost Reduction
- This study investigates the impact of global payroll outsourcing on organizational efficiency and cost reduction based on the analysis of diverse implications stemming from thirty one (31) survey results. The findings reveal multifaceted challenges and benefitsassociated with outsourcing global payroll processing.
The research also unveils the most benefits of global payroll outsourcing. Notably,This study investigates the impact of global payroll outsourcing on organizational efficiency and cost reduction based on the analysis of diverse implications stemming from thirty one (31) survey results. The findings reveal multifaceted challenges and benefitsassociated with outsourcing global payroll processing.
The research also unveils the most benefits of global payroll outsourcing. Notably, there's a consensus on the reduction in time-to-process payroll, cost per payroll processed, and improved payroll accuracy rate. Outsourcing streamlines processes, enhances operational efficiency, and contributes to faster, more accurate financial reporting.
Despite these benefits and challenges, statistical analysis reveals weak correlations between outsourcing global payroll and cost reduction or improved efficiency in various parameters, indicating a lack of a significant relationship. Consequently, the results, suggest no substantial correlation between global payroll outsourcing and enhanced efficiency or cost reduction based on this study's data.…
Document Type: | Master's Thesis |
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Zitierlink: | https://opus.hs-offenburg.de/8083 | Bibliografische Angaben |
Title (English): | Impact of Global Payroll Outsourcing on Organizational Efficiency & Cost Reduction |
Author: | Manvendra Singh Rathore |
Advisor: | Rainer Fischer, Shanaz Marie Well |
Year of Publication: | 2023 |
Granting Institution: | Hochschule Offenburg |
Place of publication: | Offenburg |
Publisher: | Hochschule Offenburg |
Page Number: | 76 |
Language: | English | Inhaltliche Informationen |
Institutes: | Fakultät Wirtschaft (W) |
Collections of the Offenburg University: | Abschlussarbeiten / Master-Studiengänge / IBC |
DDC classes: | 300 Sozialwissenschaften / 330 Wirtschaft |
GND Keyword: | Effizienz; Kostensenkung; Lohnbuchführung; Outsourcing |
Tag: | Global Payroll | Formale Angaben |
Open Access: | Closed |
Licence (German): | ![]() |