NEW YORK, Oct. 10, 2017 /PRNewswire/ -- KPMG LLP, the U.S. audit, tax and advisory firm, and ADP®, a leading global provider of Human Capital Management (HCM) solutions, have joined forces to help multinational companies better manage employees who are given international assignments that require them to relocate from one country to another.
The alliance brings together the global scale and experience of KPMG's Global Mobility Services (GMS) practice, including its proprietary LINK Enterprise technology platform, with the ADP Global Payroll solution to provide multinational companies with an integrated approach to managing payrolls and reporting for employees who are moving internationally to improve transparency, financial performance and employee satisfaction.
"Companies today are part of a dynamic global economy where customers operate around the globe and employees hail from seven continents and pay taxes in multiple countries," said Jeffrey C. LeSage, KPMG's Americas Vice Chairman – Tax. "Our alliance with ADP helps business leaders monitor and adjust how they manage global mobility, compensation, and tax compliance to compete effectively, reduce risk and exploit long-term cost and time efficiencies."
Combining leading technology and know-how, the alliance offers employers the real-time ability to navigate the complexities of global mobility. It helps calculate tax deductions and allowances, report compensation to authorities efficiently and effectively across tax jurisdictions, and issue timely instructions to ADP payroll with the applicable amounts, currency and wage types for each employee.
"Our alliance with KPMG has really helped streamline the global mobility process so that HR leaders can more easily manage employees who are expatriates or just temporarily moving from one country to another," said Ed Flynn, president of Global Enterprise Solutions at ADP. "By providing an automated, integrated platform, in addition to KPMG services, this partnership eliminates a lot of dual data entry for HR leaders saving time so they can focus on more strategic initiatives. It also makes it easier for employees making international moves by enabling them to easily track information such as, their compensation, taxes, and cost of living allowances."
Learn more about the alliance at https://home.kpmg.com/us/en/home/insights/2017/08/kpmg-and-adp-gms.html.
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the independent U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's independent member firms have 189,000 professionals, including more than 9,000 partners, in 152 countries. Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates.
About ADP (ADP)
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