Planning a Resilient Future Strategy: Multi-country Payroll (MCP) Solutions State of the Market Report 2021
The Multi-country Payroll (MCP) solutions market is among the most competitive and fastest-growing markets in the Human Resources Outsourcing (HRO) space. The importance of MCP solutions has further increased following COVID-19, due to the increasing need to ensure compliance and employee wellness and reduce costs through the digital transformation of payroll systems. Therefore, providers have upped the ante when it comes to providing next-generation MCP solutions and services to clients. They are adding significant capabilities to their platforms in terms of dynamic and configurable dashboards, advanced analytics, automation, cloud implementation, and various advanced employee support features. They are also investing in enhancing their delivery footprint and service scope to keep up with the demands of this fast-growing market. In this research, we analyze the MCP market across various dimensions:
- Impact of COVID-19 on MCP solutions
- MCP market overview
- Solution and transaction trends
- Service provider landscape
- Outlook in the medium term
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