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Multi-country payroll outsourcing (MCPO) is the business practice of using software to manage employee payroll operations in numerous countries. MCPO payroll softwareenables employers with workers in other countries, or in countries other than those covered by a company’s main payroll and core HR system, to provide cloud-based payroll services from a third-party vendor. Employers typically use MCPO software to handle payroll for smaller groups of employees in outlying countries
Multi-country payroll outsourcing (MCPO) is the business practice of using software to manage employee payroll operations in numerous countries. MCPO payroll softwares enables employers with workers in other countries, or in countries other than those covered by a company’s main payroll and core HR system, to provide cloud-based payroll services from a third-party vendor. Employers typically use MCPO software to handle payroll for smaller groups of employees in outlying countries.
The term multi-currency means using more than one currency, not different one.
Example: An employee from United Arab Emirates is normally paid in AED. This employee has been sent to US for a few months and needs the pay check converted to US Dollar. The employee pay has not changed but the currency has that is call multi country payroll.
