Vendor Analysis
published on Aug 22, 2025
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Report Overview:
This NelsonHall vendor assessment analyzes Neeyamo's offerings and capabilities in Payroll Services
Who is this Report for:
NelsonHall’s Payroll Services profile on Neeyamo is a comprehensive assessment of Neeyamo’s offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of Payroll Services and identifying vendor suitability for Payroll 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 Neeyamo’s Payroll Services offerings, capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, challenges, 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:
Neeyamo is a global payroll, HR services and EOR services organization. It offers HCM capability and has developed proprietary tools to enable its Global Payroll and HR solutions. Neeyamo supports ~400 clients across ~160 countries and is organized with three service lines:
- Global managed payroll services with global payroll technology. Neeyamo delivers services to ~1.4m client employees and actively provides payroll support in ~146 countries through its single global payroll platform, Neeyamo Payroll. In 2023, it launched Neeyamo Payroll 3.0, offering platform upgrade which is machine learning and GenAI-enabled to support anomaly detection and insights and input/output validations
- Payroll extension services (5%) include HR services where countries require supplemental extensions including support for global time and absence management, loan processing applications, salary advances, claim management, expense management and flexi-benefits, survey management, compliance management, compensation and offer management tools including flexible salary options, tax declaration module preconfigured for India, Malaysia, and Thailand
- Global Employer of Record (5%).