Home Tags PaySpace
Business in Africa has never been better due to a slew of new investment opportunities on the continent, and companies around the globe are eyeing Africa as an attractive prospect to grow their businesses into new markets. In fact, a report by Deloitte revealed that the African economy is expected to grow by 7.7 per cent annually, between 2014 and 2019, roughly double the rate of advanced economies.
Today, more and more businesses are confidently outsourcing business functions, or parts thereof to service providers whom they trust to do the job faster, more affordably, and more effectively than they can themselves.
The world of business is changing quickly, and with trends like the gig economy, global employment and cross-border collaboration on the rise, you can imagine the scale of regulatory and legislative changes taking place. It should be obvious, then, how important having an agile, cloud-based payroll and HR management tool is.
Legacy systems, like old habits, die hard. Should that necessarily be the case, however? Take your payroll and HR solution, for example. Yes, there are logistic reasons for using the one you’ve been using since time immemorial, but is it a smart business decision?