The Multi-country Payroll (MCP) solutions market is among the most competitive and fastest-growing markets in the Human Resources Outsourcing (HRO) space. It experienced little to no impact during COVID-19 and continued to grow steadily during the pandemic. Service providers in the domain have also added significant capabilities to address the evolving needs of enterprises following COVID-19. They have invested in advanced analytics, automation, expansion of self-coverage, and overall employee experience enhancement through payroll.
In this research, we present detailed profiles and assessments of 22 MCP solution providers featured on the MCP Solutions PEAK Matrix® 2021. Each profile provides a comprehensive picture of the service provider’s service focus, key Intellectual Property (IP) / solutions, domain investments, and partnerships.
Scope
Geography: global
Services: Multi-country Payroll (MCP) solutions
This assessment is based on Everest Group’s annual RFI process for the calendar year 2021, interactions with leading MCP solutions services providers, client reference checks, and an ongoing analysis of the MCP solutions market
Contents
In this research, we analyze the global MCP solutions market across the following dimensions:
Relative positioning of 22 service providers on the Everest Group PEAK Matrix® for MCP Solutions
Key strengths and limitations of the service providers
In the wake of the Great Resignation and business uncertainty, enterprises have regarded Recruitment Process Outsourcing (RPO) providers as strategic partners capable of guiding them through the constantly evolving talent market. Providers worldwide…
