Vendor Analysis
published on Aug 12, 2016
Report Overview:
Neeyamo Enterprise Solutions (Neeyamo) is headquartered in Chennai, India, with principal offices in California, U.S.
Who is this Report for:
NelsonHall’s payroll services vendor assessment for Neeyamo is a comprehensive assessment of Neeyamo’s payroll service offering and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of payroll outsourcing and identifying vendor suitability for payroll process outsourcing RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the support services sector
- HR and payroll decision makers.
Scope of this Report:
The report provides a comprehensive and objective analysis of Neeyamo’s payroll outsourcing offering, capabilities, and market and financial strength, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization including the location, size and scale of delivery locations and their activities.
Key Findings & Highlights:
It was founded in 2009 to focus on providing HR outsourcing and HR and HR technology consulting services to the mid-market sector. Neeyamo created its payroll practice four years ago, responding to client demand for one single, overarching technology to support payroll processing in smaller ‘tail’ countries.
Payroll is focused on and generates revenues across:
- Asia Pacific, including India, China and Japan
- The Americas, including U.S., Canada, Mexico and Brazil
- EMEA, including U.K., Germany, France, Spain, Africa and Finland.
Neeyamo supports ~150 clients across all HR services. Within its payroll services business, it has 48 clients, 20% of which incorporate other HRO services into the deals. Neeyamo is able to support 18 languages, including Chinese, Japanese, German, French, English, Spanish, Portuguese and Finnish.