Everest Group recognises activpayroll as a ‘Major Contender’ and a ‘Star Performer’ in its Multi-Country Payroll (MCP) Solutions PEAK Matrix® Assessment of 2023
Our commitment to delivering solutions to the multi-country payroll market has positioned activpayroll as a Major Contender in Everest Group’s annual PEAK Matrix®. Based on the ‘greatest positive relative YoY movement on the PEAK Matrix®, we are named as one of five ‘Star Performers’ globally, and only one of four providers named as a ‘Star Performer’ in the Asia-Pacific (APAC) region.
“Major Contenders are scaling up their platform capabilities through the adoption of AI, automation and integrations to provide a cost-effective solution with faster implementation cycles.”
Everest Group studied 27 MCP providers and ranked leaders on their ability to deliver employee-centric solutions which provide ease and flexibility, as well as investing in proprietary technology, data security and partnerships.
activpayroll - a Major Contender
Managing cross continental payroll is an increasingly difficult challenge in today’s globalised economy. Navigating payroll management and reporting amidst the world of local legislation and compliance soon surpasses internal teams and highlights the need for a strategic, centralised solution.
In the assessment, Everest Group named key motives for our positioning, including ‘UX/UI investment surfacing insights in the flow of work’ and ‘redesigned customer experience and engagement approach’.
We ensure the complications of payroll management evolve into a unified and reliable process. Through over two decades of experience in over 150 countries, our technology harnesses automation to provide a streamlined solution for processing, reviewing and analysing payroll, whilst adhering to global tax laws and regulations.
Throughout the report, Major Contenders are credited for their evolution towards forward thinking integrations that utilise AI to deliver a holistic solution. Our dynamic activ8 platform is at the forefront of industry innovation, refining global payroll into one simple and reliable location.
We have also earned the title of a ‘Star Performer’ by showcasing significant impact on the payroll market throughout 2023. Impact levels are illustrated by an array of metrics including adoption rates, buyer size segments and value delivered. Our data-driven payroll management solutions continue to help hundreds of businesses and organisations across the globe.
The power of payroll
Effective management of payroll not only keeps employees happy and avoids significant penalties for non-compliance, automated solutions identify trends and free up human resources to make informed, strategic decisions for your business.
At activpayroll, we understand the vital role of a seamless and integrated solution, helping hundreds of businesses expand into global markets. Our guide to streamlining international payroll walks through the challenges of global payroll and how to navigate the many nuances of employment laws and cross-cultural challenges.
For example, payslips are particularly vital in Malaysia and can lead to significant penalties if missed. Working with a trusted partner allows for a tried and tested SaaS-based platform designed to address the complexities of global payroll, providing customers with high visibility, control and consistency across their payroll delivery and data.
Book a demo to learn more about our comprehensive payroll solutions today.