Our client is an international engineering company specialized in the implementation of renewable energy solutions. The company has a long track record of projects carried out in 67 countries all over the world. In order to deploy their engineers to different locations on all five continents, the company has established offices in 20 different countries - including their headquarters in the Netherlands. In each country, the engineering company has a local team of between 10 and 50 employees.
With Lano, we have a single source of truth for all our global payroll data.VP of Finance
With employees based in 20 different countries, our client relies on in-country service providers to run their payroll, which takes the processing and compliance burden off their shoulders. However, having a different provider for each country is a big challenge for their central payroll and finance teams. They receive payroll data for each country, but the formats are totally different and the cost factors and pay elements listed for each geography differ from provider to provider. Comparing payroll costs for different locations is almost impossible.
What’s more, every time the payroll team needs to compile a report on their global payroll operations, it takes a lot of time and effort to manually put the necessary data together. More than once, this manual data collection has resulted in reporting errors that were only discovered months later when it was already too late. For the engineering company the lack of transparent, reliable payroll data is a major problem as it prevents them from accessing a valuable resource for making well-informed business decisions.
When looking for a suitable global solution, the company soon discovered that Lano’s global payroll solution responded to all their requirements. Not only does the Lano platform offer them all the reporting tools they need, but it also gives them a comprehensive overview of their global payroll costs and allows for comparisons between countries based on specific criteria such as benefits, employer taxes and more. Plus, with automated data flows and standardized processes, painful manual data handling is a thing of the past.
Within less than two weeks, Lano had all local payroll providers integrated with their central platform, enabling the company to manage payroll for their entire global team via one single platform. Moreover, Lano’s payroll solution gives them access to a global network of in-country payroll partners to choose from if they decide to add a new payroll country in the future.
By bringing all their local payroll providers to Lano, our client has significantly simplified their global payroll management. With the reporting functions of the Lano platform, the management is now able to consult payroll data for all their entities in a standardized format via a centralized platform whenever they want to and use the data insights for business decisions and future planning.
100% increase in payroll data transparency
95% less time spent on comparing payroll data and composing reports
Simplified payroll management for 20 countries
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