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Payroll World - January 2015

Chris Kosho
Chris Kosho

SafeGuard World International (SGWI) has emerged as a leading force in the global payroll market by focusing on cloud technology and serving the needs of multinational clients. In 2006 when SGWI launched its international payroll solution, the global payroll landscape was vastly different. Today, there are over 80,000 multinational companies and globalization is increasing, bringing greater challenges for payroll processing. SGWI has grown from 11 employees to over 300 by designing its services around what clients want through an agile, innovative approach. In 2015, SGWI will continue to disrupt the market through new employee and client portal technologies that will raise the bar for competitors.

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Sponsored by WHATS INSIDE january 2015 Cover stars SafeGuard World chart their journey through international payroll HMRC engages with payroll Stakeholder group set up to deal with employment and PAYE issues / p5 Uptown Top Ranking Roll out the red carpet for Rank Groups payroll manager Steven Hughes / p24 Autumn Statement update The governments plans for payroll decoded by Simon Parsons / p12 01_PW_Jan15_Cover v3.indd 5 19/12/2014 11:05
In 2006 the global payroll market was a vastly different landscape, as was SafeGuard World january / 201522 International cover models Human Capital Management (HCM) and so on. Global payroll is going through the same evolution. Cloud technology has enabled a revolutionary way of processing multinational payroll and SafeGuard World International (SGWI) has emerged as the leading force in the market. In fact it is now considered as the market disrupter. Multinational rise Today there are over 80,000 multinationals and globalisation is on the increase. The rapid pace and demanding requirements of the modern day global company means that businesses are able to operate in more countries with greater ease than ever before. Naturally, this brings with it an increasing number of challenges. In 2006 the global payroll market was a vastly different landscape, as was SGWI. At the time SGWI solely focused on the domestic UK market. At that time, founder and chief guardian of the business, Bjorn Reynolds, scrutinized the challenges facing the payroll industry and realised that with this new era of the single contract, the single technology global payroll market was underserved, and the companies that had entered into it were massively falling short of market expectations. Together with his executive team they launched their international solution. One of the early clients was FedEx which this year has re-contracted for a further 鍖ve-year term and will now be SGWIs 鍖rst ten-year client. In 2011 SGWI received high-praise from the world leading advisory company Gartner, referring to SGWI as the young aggressive disrupter in the market. We felt great about that statement, says Neil Carpenter, SVP of SGWIs Global Managed Payroll division. It summarised everything we wanted to achieve; to disrupt the marketplace by being agile, innovative and focusing on our clients successes. Last year, 2014, has been a record year for SGWI, with the company growing from its early days of just 11 staff to more than 300. And 2015 is going to be a landmark year again, as SGWI really looks to propel the industry to new heights. Con鍖dent growth So what made SGWI different and able to gain a client base that is the envy of the market? Its a few key factors, explains Bjorn. People and our passion to deliver and focus on what our clients wanted and needed. Technology too, enabling people to have a single system to manage their end-to- end payroll processes and reporting, and, as luck would have it, timing. We entered this market when others were not doing it, we designed how we deliver for clients around what is important for them and focused on getting it right for our clients. Our competitors are everything from local, A few years after SafeGuard World started in 1969, a band called Dr. Hook made it onto the cover of the iconic music magazine Rolling Stone after lamenting in a song that, despite their success, they had never been featured in it before. The world has changed an awful lot since then, but as a celebration of our 40 year heritage we wanted the payroll community to know that, in the spirit of Dr. Hook, we too had made it onto the cover of Payroll World! So, with 2015 ahead of us what are the main developments we expect to see in the international payroll market? Undoubtedly, the advent of cloud computing has fundamentally changed the technological infrastructure within businesses, leading to arguably the largest vendor replacement cycles we have ever seen. The cloud transformation has seen new forces emerge to replace the old legacy companies: Salesforce.com in Customer Relationship Management (CRM), Workday in SAFEGUARD / COVER STORY Advertorial They made it onto the cover of Payroll World, now in their own words payroll experts, SafeGuard World International, outline the rapid changes shaking up the international payroll market alongside the transformative journey their organisation has been on in recent years Bjorn Reynolds, SafeGuard founder Spot the difference: Rolling Stone from 1973 alongside PW in 2015 22-23_PW_Jan15_SafeGuard_Advertorial v3.indd 22 19/12/2014 11:11
ll Other players in the market will need to invest further in their solutions and technology in order to keep pace with us ll payrollworld.com 23 spreadsheet-based payroll in-country to multi- billion dollar firms but the difference is the way we shaped the service around clients and worked hard to make them happy. In 2015 our mantra is very much create a legacy dont buy one. Other players in the market will need to invest further in their solutions and technology in order to keep pace with us. Straight in This month SGWI will launch its innovative Employee Portal with a fresh Client Portal following closely behind. SGWI chief technology officer, Tristan Woods, notes: The tools our clients and their employees use as part of our service delivery are key. Were taking our current technology to a new level, built around a mobile first philosophy. Our new tools enable our clients to push payroll inputs, command and control, report, analyse their payrolls and Interact with us through one SGWI are a provider of global managed payroll, global employment outsourcing and global workforce solutions. Founded in the UK but now headquartered in Austin, Texas in the USA, they provide services to some of the worlds most recognisable companies. More information can be found at www.safeguardworld.com SafeGuard staff do the Bolt in honour of the worlds fastest man, Olympic sprinter Usain Bolt application on any device in any language. Our employee portal will enable them to have a truly locally-compliant but globally- holistic self-service experience for their staff. Were binding the social methods of employees and the payroll teams interacting with each other. These tools are intuitive to use, taking all the best learnings from what clients want and capitalising on how mobile technologies have revolutionised the way people work. This will continue to disrupt the market and raise the bar again for our competitors. SGWI feel the future is bright with plenty of opportunity. Going global is now easier than ever for any size company, but navigating legislation and the procedural path is difficult for them, says Bjorn. We are on a journey to build a legacy business that makes history in our space. We see the next ten years being the time when we build SGWI into a $5Bn business. With fantastic people on board and our ability to support market leading clients, we firmly believe were well positioned to create that legacy. We have had great fun and work with amazing people who are enjoying growing a great business and are so excited about the vibrancy of the market and the future ahead. As one of our favourite songs goes: We have had all kind of thrills, but the thrill that weve never known, is the thrills thatll get-ya when you get your picture on the cover of Payroll World. Lesley Parr , SGWIs first employee SGWIs staff signature wall in their office 22-23_PW_Jan15_SafeGuard_Advertorial v3.indd 23 22/12/2014 09:45

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Payroll World - January 2015

  • 1. Sponsored by WHATS INSIDE january 2015 Cover stars SafeGuard World chart their journey through international payroll HMRC engages with payroll Stakeholder group set up to deal with employment and PAYE issues / p5 Uptown Top Ranking Roll out the red carpet for Rank Groups payroll manager Steven Hughes / p24 Autumn Statement update The governments plans for payroll decoded by Simon Parsons / p12 01_PW_Jan15_Cover v3.indd 5 19/12/2014 11:05
  • 2. In 2006 the global payroll market was a vastly different landscape, as was SafeGuard World january / 201522 International cover models Human Capital Management (HCM) and so on. Global payroll is going through the same evolution. Cloud technology has enabled a revolutionary way of processing multinational payroll and SafeGuard World International (SGWI) has emerged as the leading force in the market. In fact it is now considered as the market disrupter. Multinational rise Today there are over 80,000 multinationals and globalisation is on the increase. The rapid pace and demanding requirements of the modern day global company means that businesses are able to operate in more countries with greater ease than ever before. Naturally, this brings with it an increasing number of challenges. In 2006 the global payroll market was a vastly different landscape, as was SGWI. At the time SGWI solely focused on the domestic UK market. At that time, founder and chief guardian of the business, Bjorn Reynolds, scrutinized the challenges facing the payroll industry and realised that with this new era of the single contract, the single technology global payroll market was underserved, and the companies that had entered into it were massively falling short of market expectations. Together with his executive team they launched their international solution. One of the early clients was FedEx which this year has re-contracted for a further 鍖ve-year term and will now be SGWIs 鍖rst ten-year client. In 2011 SGWI received high-praise from the world leading advisory company Gartner, referring to SGWI as the young aggressive disrupter in the market. We felt great about that statement, says Neil Carpenter, SVP of SGWIs Global Managed Payroll division. It summarised everything we wanted to achieve; to disrupt the marketplace by being agile, innovative and focusing on our clients successes. Last year, 2014, has been a record year for SGWI, with the company growing from its early days of just 11 staff to more than 300. And 2015 is going to be a landmark year again, as SGWI really looks to propel the industry to new heights. Con鍖dent growth So what made SGWI different and able to gain a client base that is the envy of the market? Its a few key factors, explains Bjorn. People and our passion to deliver and focus on what our clients wanted and needed. Technology too, enabling people to have a single system to manage their end-to- end payroll processes and reporting, and, as luck would have it, timing. We entered this market when others were not doing it, we designed how we deliver for clients around what is important for them and focused on getting it right for our clients. Our competitors are everything from local, A few years after SafeGuard World started in 1969, a band called Dr. Hook made it onto the cover of the iconic music magazine Rolling Stone after lamenting in a song that, despite their success, they had never been featured in it before. The world has changed an awful lot since then, but as a celebration of our 40 year heritage we wanted the payroll community to know that, in the spirit of Dr. Hook, we too had made it onto the cover of Payroll World! So, with 2015 ahead of us what are the main developments we expect to see in the international payroll market? Undoubtedly, the advent of cloud computing has fundamentally changed the technological infrastructure within businesses, leading to arguably the largest vendor replacement cycles we have ever seen. The cloud transformation has seen new forces emerge to replace the old legacy companies: Salesforce.com in Customer Relationship Management (CRM), Workday in SAFEGUARD / COVER STORY Advertorial They made it onto the cover of Payroll World, now in their own words payroll experts, SafeGuard World International, outline the rapid changes shaking up the international payroll market alongside the transformative journey their organisation has been on in recent years Bjorn Reynolds, SafeGuard founder Spot the difference: Rolling Stone from 1973 alongside PW in 2015 22-23_PW_Jan15_SafeGuard_Advertorial v3.indd 22 19/12/2014 11:11
  • 3. ll Other players in the market will need to invest further in their solutions and technology in order to keep pace with us ll payrollworld.com 23 spreadsheet-based payroll in-country to multi- billion dollar firms but the difference is the way we shaped the service around clients and worked hard to make them happy. In 2015 our mantra is very much create a legacy dont buy one. Other players in the market will need to invest further in their solutions and technology in order to keep pace with us. Straight in This month SGWI will launch its innovative Employee Portal with a fresh Client Portal following closely behind. SGWI chief technology officer, Tristan Woods, notes: The tools our clients and their employees use as part of our service delivery are key. Were taking our current technology to a new level, built around a mobile first philosophy. Our new tools enable our clients to push payroll inputs, command and control, report, analyse their payrolls and Interact with us through one SGWI are a provider of global managed payroll, global employment outsourcing and global workforce solutions. Founded in the UK but now headquartered in Austin, Texas in the USA, they provide services to some of the worlds most recognisable companies. More information can be found at www.safeguardworld.com SafeGuard staff do the Bolt in honour of the worlds fastest man, Olympic sprinter Usain Bolt application on any device in any language. Our employee portal will enable them to have a truly locally-compliant but globally- holistic self-service experience for their staff. Were binding the social methods of employees and the payroll teams interacting with each other. These tools are intuitive to use, taking all the best learnings from what clients want and capitalising on how mobile technologies have revolutionised the way people work. This will continue to disrupt the market and raise the bar again for our competitors. SGWI feel the future is bright with plenty of opportunity. Going global is now easier than ever for any size company, but navigating legislation and the procedural path is difficult for them, says Bjorn. We are on a journey to build a legacy business that makes history in our space. We see the next ten years being the time when we build SGWI into a $5Bn business. With fantastic people on board and our ability to support market leading clients, we firmly believe were well positioned to create that legacy. We have had great fun and work with amazing people who are enjoying growing a great business and are so excited about the vibrancy of the market and the future ahead. As one of our favourite songs goes: We have had all kind of thrills, but the thrill that weve never known, is the thrills thatll get-ya when you get your picture on the cover of Payroll World. Lesley Parr , SGWIs first employee SGWIs staff signature wall in their office 22-23_PW_Jan15_SafeGuard_Advertorial v3.indd 23 22/12/2014 09:45