Clients can gather all of their payroll data in one global report with Deel Payroll Connect.
As explained by Deel in a blog post, Payroll Connect allows clients “to standardize payroll reporting across all of your entities— even if you use different payroll providers.”
Deel explains that clients may “unlock a bird’s-eye view of your global payroll operations.”
Deel further notes that as a growing company, you know “that your payroll data is vital to making informed decisions about your business.”
When working with multiple payroll “providers across your various regions, global payroll reporting becomes a cumbersome task.”
Having one source of truth for your global payroll operations “shouldn’t be this complicated.”
The solution—Deel Payroll Connect. Deel Payroll Connect allows you “to combine all of your payroll data into one standardized Gross to Net report by consolidating your Deel payroll reports with those from your third-party payroll providers, creating a truly global view of your payroll operations.”
With this, Deel explains that clients can:
- Standardize your reporting to get accurate insights and a better understanding of your global payroll operations through a global Gross to Net report in the currency of your choice. Plus, analyze your workforce cost report and assess HR reports to review trends (e.g., headcount, compensation, starter and leaver by country or worker type, and more).
- Rely on one centralized platform where all of your payroll reports (Deel’s or otherwise) can be consolidated for easy access.
- Improve efficiency each payroll reporting cycle by quickly generating a global Gross to Net report and creating reporting customizations to adjust for the different payroll categories coming from your various providers.
As stated in the update, with the Entity creation feature in the “Organizations” tab, clients are able to “add the entities that you’d like to incorporate into your global reporting.”
Deel’s onboarding team will “activate these entities so they’ll be able to use Payroll Connect.”
Your new entities will “appear on your Global Payroll dashboard within the ;Processed by external provider’ section.”
As explained by Deel, by centralizing your payroll reporting onto one flexible platform, Deel Payroll Connect equips your teams “with complete global payroll data, helping them make the important decisions that support your continued growth.”
For more details on this update from Deel, check here.