Quadrant Knowledge Solutions defines a multi-country payroll platform as “Software that offers tools to automate & manage entire payroll processes activities by providing multi-currency and multi-language support while adhering to regulatory compliance to allow organizations to unify their payroll activities across multiple countries.” The platform includes functionalities for workforce management, analytics, and reporting, along with support for integration with HRM, ERP, and other systems. The platform is embedded with emerging technologies such as AI/ML for advanced anomaly detection, process optimization, predictive analysis, and others.
Quadrant Knowledge Solutions’ Multi-Country Payroll Platform market research includes a detailed global market analysis of major vendors. The research comprises of vendors’ product features and functionalities, as well as competitive differentiating factors. The research provides competitive landscape and vendor analysis to enable technology vendors enhance their understanding of the market and implement a growth-oriented technical roadmap.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes ranking and positioning of the leading Multi-Country Payroll Platform vendors with a global impact, including – activpayroll, ADP, Alight, Cegid, Ceridian, CloudPay, Deel, iiPay, Immedis, Neeyamo, Oracle, Oyster, Papaya Global, PAYASIA, Payslip, PaySpace, Payzaar, Quess Corp, Ramco Systems, Remote, Safeguard Global, SAP, SD Worx, Sopra HR, TMF Group, UKG, Workday, and Zalaris
According to Nikhilesh Naik, Analyst at Quadrant Knowledge Solutions, “With the preference for solutions that manage & consolidate payroll data from multiple systems, comply with payroll regulations & internal policies, and the demand for including rules & workflows for processing multi-country payroll process, an increase in scope for vendors offering Multi-Country Payroll Platform is observed. Multi-country payroll vendors on their part must also brainstorm and continuously innovate to try and come up with solutions that make these changing & sometimes challenging working environments more productive & less stress-free for the employees.”
2022 Multi-Country Payroll Platform SPARK Matrix
Source: Quadrant Knowledge Solutions
Table of Contents
Executive Overview
Market Dynamics and Overview
· Market Definition
· Market Overview
· Key VMS capabilities
Competition Landscape and Analysis
- Competitive Overview and Analysis
- Factors and Technology Differentiators
SPARK Matrix™: Multi-Country Payroll Platform
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