Multi-country Payroll (MCP) Solutions PEAK Matrix® Assessment 2024
As businesses expand globally, Multi-country Payroll (MCP) complexities can become overwhelming. Payroll providers play a vital role in addressing these challenges by offering comprehensive solutions that extend beyond accurate and timely pay.
By leveraging automation and cutting-edge technology, these providers streamline processes, reduce errors, and offer valuable workforce insights. Additionally, they offer value-added services such as earned wage access and financial planning, empowering employees and contributing to increased satisfaction and retention. Acting as strategic partners, they enable HR teams to focus on core business objectives.
This report assesses 28 MCP providers and positions them on MCP Solutions PEAK Matrix® as Leaders, Major Contenders, and Aspirants based on their market impact and vision and capability. As the market has seen an uptick in regional consolidation in the past few years, we have included regional cuts for EMEA and APAC in the report to help enterprises in their regional sourcing decisions. In addition, the report includes sourcing considerations for enterprises that highlight the providers’ key strengths and limitations.
This report is available to members.