HP is strengthening its position in Poland by developing an office in Lodz to serve as a strategic center for business services in the Europe, Middle East and Africa region. HP is opening this office in response to changing market requirements and the growing demands from company's BPO clients.
According to Gartner, the largest subprocess in the HR BPO market globally is Payroll, which constitutes 50% of the 2011 spending worldwide. Why are enterprises looking to BPO Payroll service providers for assistance?
In an effort to optimize payroll operations and information technology related to human resources administration processes across the organization, UniCredit Business Integrated Solutions SCpA, an Italy-based global service company, has signed a 15-year agreement with HP.
To meet the needs and expectations of a younger workforce, one of the biggest challenges for HR and Payroll leaders is adopting new technologies to control costs, meet demand, and ensure security. The innovation path for HR and Payroll services has not kept up with other consumer-available products and capabilities—but it will need to adapt, adopt, and transform to be effective.