The Multi-country Payroll (MCP) solutions market has evolved rapidly over the last few years to become more scalable, agile, and flexible. Global macroeconomic conditions and pandemic aftereffects have altered the workplace dynamics, driving enterprises’ need to redesign their payroll processes. As a result, enterprises are constantly looking for providers that can assist them in remaining statutory compliant, suggest flexible payment solutions, enhance employee experience, and deliver actionable data to the workforce.
In this research, we present the state of the MCP solutions market and provider landscape, highlighting the providers featured on the MCP Solutions PEAK Matrix® Assessment 2022. We also understand MCP markets’ key growth drivers, buyer adoption trends, and provider investments.
Scope
Industry: MCP solutions
Geography: global
The assessment is based on Everest Group’s annual RFI process for the calendar year 2022, interactions with leading MCP providers, client reference checks, and ongoing analysis of the MCP solutions market
Contents
In this report, we:
Study the current state of the MCP solutions market
Examine buyer feedback, challenges, and provider performance
Review the MCP investment themes and provider landscape
Discuss the MCP market size, adoption trends, and solution characteristics
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