Clear visibility over payroll processes is vital to ensuring that it’s timely, compliant and accurate, but given the complicated nature of payroll, this can often become a challenge. Leveraging a payroll dashboard that centralizes key milestones, tasks and reporting is essential – and our MyDay payroll dashboard does just that.
What is the MyDay payroll dashboard?
The MyDay payroll dashboard is an interface that allows payroll professionals to track payroll processes across multiple countries from one, easy-to-use dashboard. Payroll schedules are organized by Milestones in MyDay, and each Milestone contains a list of tasks that must be completed. The MyDay payroll dashboard also includes a filter for entities and countries, making it easy to find and view key tasks required for multiple payroll processes.
With a focus on continuous improvement, we launched MyDay in the summer of 2023 to enhance real-time visibility over the payroll milestone achievements of in-country partners (ICPs). “The first iteration of the MyDay payroll dashboard was developed to empower our teams to proactively manage tasks and workflows”, notes Jenelle Zona, Global Payroll Product Director at Safeguard Pay. “The MyDay payroll dashboard has also delivered significant efficiency benefits including the reduction of manual maintenance and tracking for our payroll specialists, and a shift to self-service for the needs of senior and regional management as well as audit teams.”
How MyDay improves pay transparency
Having honed the functionality of the solution internally, access to the digitized MyDay payroll dashboard was extended to Payroll 360 clients with third-party ICPs in December 2023. “As part of the Global Unity platform, the MyDay dashboard seamlessly integrates with our internal tool” Jenelle explains. “Accessible through the navigation menu, MyDay tells you the current status of payroll processing for each country, what needs to happen and when it’s due.” Client payroll teams can filter by country and legal entity to view an up-to-date, time-logged progress tracker on the status of their payrolls, with a color-coded progress bar highlighting the stages of completion. The payroll dashboard also digitizes and aligns the client action logs, replacing largely manual legacy self-reminders and calendar notes.
Key benefits of the MyDay payroll dashboard
Just four months after MyDay officially launched, our clients reported loving the tool. With a Net Promoter score of 9 out of 10, the benefits of MyDay are firmly established. Some key benefits include:
- Online, end-to-end view of your payroll cycle
- Live visualization of completion status and critical issues
- More transparent, centralized communication with payroll partners and specialists, including ICPs
- Improved efficiency and accountability
Jenelle reports, “We are seeing enhanced accuracy and timely execution within international payrolls as a result of internal, client and ICP teams collectively orchestrating payroll milestones through a singular real-time, digitized dashboard.”
“With MyDay recording and timestamping actions associated with payroll milestones”, Jenelle continues, “we have increased the transparency levels on their activities. Moreover, as MyDay aims to become a powerful payroll dashboard and communication tool, we anticipate seeing a decrease in ticket volumes from clients requesting updates about their payroll progress."
What's next?
In an increasingly complex global landscape, businesses are seeking ways to streamline operations and ensure efficiency. As a leader in global workforce management, we understand the pivotal role of payroll in maintaining employee satisfaction and operational stability. The goal is for MyDay to be a centralized payroll dashboard for clients' activities, by offering a user-friendly platform and support throughout their payroll management journey.
In terms of the timeline for additional rollout and further innovations, the solution is now live for all markets served by ICPs, and we’re in the process of a phased rollout to the rest of our clients. The team is also working on a product roadmap for further enhancement releases. “We have exciting plans to iterate, improve and enhance the solution across 2024”, Jenelle reports, “which will swiftly evolve the MyDay payroll dashboard into a full task management system for all actors in the payroll process.”
Optimize your global payroll processes with the MyDay payroll dashboard
Global payroll is complex; we make it less complicated. At Safeguard Pay, we manage, accelerate and scale payroll for organizations around the world. We deliver effective payroll solutions through a global community of local payroll experts, partners and an agile platform for accurate and compliant payroll – on time, every time.
To discuss how MyDay is enhancing international payroll – or to arrange a demonstration of the tool – feel free to reach out to our team by filling out the form below. For any questions or concerns, you can reference the MyDay FAQ page here.
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