Global Payroll Emerges as Growing Financial Risk Amid International Expansion, Survey Finds

A recent survey of over 500 senior finance executives in the United States and Canada reveals that 97% experienced changes in cross-border payroll costs due to foreign exchange movements in the past year. More than three-quarters of respondents believe their organizations face payroll-related financial risk, with cross-border payroll timing impacting short-term cash planning and prompting adjustments in funding practices. The survey highlights that many organizations still rely on manual consolidation of payroll data despite operating internationally, indicating a need for more robust operational capabilities in global payroll management.