Multi-country Payroll (MCP) Solutions PEAK Matrix® Assessment 2021

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

Membership(s)

Human Resources

Sourcing and Vendor Management