Multi-country Payroll Outsourcing (MCPO) market is among the most competitive and fastest growing markets in the HRO space. Multi-country Payroll Platform (MCPP), the cornerstone of this market is fast becoming a differentiating element in providing a truly global payroll experience. Therefore, multi-country payroll providers are increasingly investing in these MCPP platforms. They are doing significant capability addition to their platforms in terms of dynamic and modern dashboards, advanced analytics, interactive mobile support, and various advanced employee support features.
In this research, we analyze the global MCPP market across the following dimensions:
Relative positioning of 11 service providers on the Everest Group PEAK Matrix for MCPP
Key strengths and development areas for service providers
Content
This report examines the dynamics of the MCPP provider landscape. It provides a deep dive analysis of how the providers shape up in terms of their market impact and vision & capability. Based on the comprehensive Everest Group PEAK Matrix, 11 MCPP providers are segmented into Leaders, Major Contenders, and Aspirants.
Everest Group has classified 11 MCPP providers on the Everest Group PEAK Matrix into:
Leaders: ADP and NGA HR
Major Contenders: Ascender, CloudPay, Excelity, Neeyamo, Ramco, Safeguard Global, and Zalaris
Aspirants: Blue Marble Payroll and iiPay
Additionally, this report also contains Everest Group’s remarks on each of the 11 MCPP providers’ strengths and areas of improvement
