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Financial Services

Transforming HRIS and 22 Payrolls in 4 Months with 99.82% Accuracy

A pioneering global brokerage and financial technology company with over 3,000 employees modernised a complex payroll database across multiple markets in just four months.

3,000+
Employees
22
Payrolls Transformed
30,000+
Records Cleansed
99.82%
Payroll Accuracy

The Challenge

The client's payroll database was large and complex — managed through an expensive legacy system that no longer met their needs. The legacy environment offered limited support for retroactive changes, requiring any historical change to be manually calculated. More than 50 offline calculations were needed each cycle. Reports took hours to run.

With the UK fiscal year deadline approaching, BGC needed a partner who could deliver enterprise-grade transformation at speed — without compromising accuracy across complex compliance areas like trading partner payroll, Class 4 NIC, and UK HMRC regulations.

Why Oracle HCM and PCL

BGC chose Oracle HCM — consistently ranked #1 in Gartner with "Completeness of Vision" as a key differentiator — for its cost-effective automated system and automatic predated HR change processing.

PCL was selected as the implementation partner based on domain expertise in payroll implementations and HCM transformation, plus deep knowledge of BGC-specific compliances including trading partner payroll, Class 4 NIC, UK pay policies, and UK HMRC regulations.

During data migration, PCL cleansed more than 30,000 records to ensure accuracy from day one.

The Results

22 payrolls in 4 months

Transformed in time to meet the new UK fiscal year deadline.

99.82% payroll accuracy

Achieved across 3,000+ employees on a unified platform.

Unified visibility

Company-wide visibility with consistent reporting.

Full compliance

Labour regulations met across complex jurisdictions.

Within budget

Delivered within stipulated budget.

Continuous support

Training and post-go-live support continued for end users.

"Response time from the PCL Team is superb. The PCL team are always available to help. And it matters a lot when it comes to critical processes such as paying employees."

AM
Annette McGrath
Global Brokerage

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