A concerning new research report from Everest Group reveals that the majority of businesses are critically lacking in payroll reporting capabilities, hindering informed decision-making and putting operations at risk.
While the report shows adoption of comprehensive unified pay solutions is still nascent for 33% of respondents, the researchers found encouraging signs. Samarth Kapur, Practice Director at Everest Group, noted, “These early adopters are already experiencing positive outcomes. In many cases, the actual benefits realized have even exceeded initial expectations.”
