PayWorld - Global Payroll Software Solution

ServicesOutsourcingHR & payroll

PayWorld - Global Payroll Software Solution

With Forvis Mazars’ global payroll management platform PayWorld, powered by Payzaar, we bring our customers state-of-the-art technology innovation to help optimize their payroll operations.

PayWorld - powered by Payzaar - enables all your HR and payroll team members around the world to work in one single global platform in order to generate the payrolls for each of your countries. It simplifies and standardizes the payroll operations across your organization, driving more consistency and strong governance.

 

PayWorld helps to:

  • Streamline and automate processes
  • Strengthen transparency and operational controls
  • Aggregate data and enable consolidated HR data analytics
  • Simplify integrations to third party HR and finance systems (e.g. Workday, SAP, Oracle, Netsuite)
  • Securely exchange and store information across all parties involved

 

PayWorld consists of 4 main pillars:

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1. Operations Control
  • Task management and workflow tool
  • Status monitoring and alerts
  • Online team calendars with escalations and delegations
  • Secure online communication platform
  • Central document management
  • Compliance tracker
  • 100% audit trail
2. Reporting & Analytics
  • Consolidated reports of all global HR and payroll data
  • Filter by region, country or pay group
  • Drilldowns into pay elements and individual employees
  • Unlimited custom reports based on specific parameters (e.g. define population, data set and time horizon for custom report)
  • Export of any report for offline analysis
  • Trends and forecasts
3. Data Automation and Validation
  • Central data preparation console
  • Automated data validation
  • Automatic operations KPI and SLA tracking
  • Automated report generation
4. Integrations 
  • Integrations of payroll with accounting systems (SAP, Netsuite, Oracle, Dynamics 365, Sage, etc.)
  • Integrations of payroll with HR systems (Workday, SAP SuccessFactors, Oracle, etc.)

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