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Elizabeth Rennie

Liz is HR Technology and Services Research Director at NelsonHall, with global responsibility for key HR research projects including Cloud-Based HR Transformation, Cloud-Based Benefits Services, HCM Technology, EoR, Global Payroll and The Future of HR, as part of NelsonHall's wider HR Technology & Services practice.

SD Worx - Payroll Services

Vendor Analysis

by Elizabeth Rennie

published on Aug 22, 2024

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Report Overview:

This NelsonHall vendor assessment analyzes SD Worx's offerings and capabilities in Payroll Services

Who is this Report for:

NelsonHall’s Payroll Services profile on SD Worx is a comprehensive assessment of SD Worx’s offerings and capabilities, designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of Payroll Services and identifying vendor suitability for security services RFPs
  • Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
  • Financial analysts and investors specializing in the Payroll Services sector.

Scope of this Report:

The report provides a comprehensive and objective analysis of SD Worx’s Payroll Services offerings and capabilities, and market and financial strengths, 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 of delivery centers.

Key Findings & Highlights:

SD Worx, headquartered in Antwerp, Belgium, is a global people solutions provider with global capabilities across 150 countries and European roots. SD Worx is one of the largest HR providers in Europe, with a local presence in 26 European countries, ~5.7m employees served, ~85k clients supported, and ~5m pay slips processed per month. SD Worx conducts business through two primary segments:

  • People Solutions: payroll, expenses, compensation and benefits, recruitment and workforce management, HR technology services, SAP SuccessFactors consulting, and automation
  • Staffing and Career Solutions: staffing, recruiting, and consulting.

It has grown into a comprehensive HR service provider dedicated to HR services. SD Worx is very active in its acquisition strategy to support growth in Europe.

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