Driving Business Success with Scalable, Tech-enabled HR and Payroll Solutions

With tailored solutions and proactive, responsive service, BIPO offers strategic HR solutions tailored to each client’s unique business needs.

In today’s environment of regulatory complexity, businesses face significant challenges in managing HR and payroll processes and achieving compliance, particularly those operating across multiple regions or looking to expand into new global markets.

As a trusted payroll and people solutions provider across over 160 global markets, BIPO delivers one-stop services and scalable tech-enabled solutions that not only elevate the HR ecosystem and streamline payroll and HR management, but also ensure compliance with local regulations, and cater to companies at every stage of their growth.

BIPO’s solutions are powered by its acclaimed HR management system (HRMS) and the Athena BI (Business Intelligence) platform. The comprehensive HR offerings include Human Capital Management (HCM), Global Payroll Outsourcing (GPO), and Employer of Record (EOR) services.

The foundational solution, BIPO HRMS, is a comprehensive SaaS-based solution available on a single, secure, unified platform, complemented by a native mobile app. The cloud-based system automates the entire employee lifecycle – from onboarding to offboarding – integrating essential modules such as personnel management, leave, time & attendance, payroll, claims, and performance appraisal.

The automated processes enable businesses to simplify and streamline administrative operations, improve efficiency, enhance transparency and accountability, as well as minimise manual errors, ensuring a more organised and productive work environment for both managers and employees.

Payroll is one of the core modules of BIPO HRMS. With over 20 payroll calculation engines equipped with compliance features, BIPO’s payroll system supports multi-currency salary processing, salary tax, social insurance, and multi-market provident fund contributions – including eMPF in Hong Kong, CPF in Singapore, and superannuation in Australia. The system also facilitates flexible report generation including local or regional payroll reports and integrates seamlessly with other applications, such as finance and ERP systems. This automated compliance assurance allows C-suite HR and business leaders to focus on driving growth and innovation, supporting seamless cross-border HR and business operations.

BIPO has made all these possible by tapping on the local expertise of a team of in-country HR and payroll experts. These professionals bring in-depth knowledge of regional regulations and practices, ready to provide precise and efficient guidance and assistance for clients.

With tailored solutions and proactive, responsive services, BIPO strives to provide best-in-class support that aligns with each client’s unique business needs.

Looking to the future, BIPO identifies agility, data insights, and compliance as crucial trends shaping the transformation of HR.

“As businesses evolve, HR must embrace agility, lead with foresight, and focus strategically on data-driven insights to stay competitive,” highlights Florence Mok, Managing Director – North Asia, BIPO Service North Asia Limited.

Leaders can leverage AI-driven tools to enhance data analytics and BI. By doing so, they can predict employee attrition and track real-time productivity shifts, facilitating proactive and informed decision-making.

“In today’s business landscape, data is more than a tool; it’s a strategic asset that drives smarter decisions and builds more resilient organisations,” stresses Mok.

BIPO’s state-of-the-art business intelligence solution, Athena BI, is designed to equip clients with deep, insightful, and real-time analytics to support data-driven decision-making. Through its interactive dashboard, businesses can instantly analyse key workforce trends, such as employee counts and costs per employee, across global locations in a single, unified view.

Beyond offering powerful insights from data, Athena BI is enhanced with predictive analytics capabilities. By examining both current and historical data, Athena BI assists in forecasting future workforce trends and needs, identifying opportunities for improvement, and enabling companies to strategically plan their HR efforts to drive business growth and enhance operational efficiency.

Mok affirms: “Our role is to assist clients in leveraging these insights and tools to align data with strategic goals, streamline compliance across multiple regions, and optimise human capital return on investment (HCROI). With BIPO’s tech-enabled solutions and HR expertise, we empower clients to anticipate workforce trends, mitigate risks, and swiftly adapt to new challenges.

“Now is the time for HR leaders to tap into this potential and drive sustainable growth.”

First published in humanresourcesonline.net on 5 December 2024.