Vendor Analysis
published on Aug 22, 2024
Report Overview:
This NelsonHall vendor assessment analyzes activpayroll's offerings and capabilities in Payroll Services
Who is this Report for:
NelsonHall’s Payroll Services profile on activpayroll is a comprehensive assessment of activpayroll’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 activpayroll’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:
activpayroll provides global payroll outsourcing, global mobility, and international payments in ~155 countries.
In 2020, activpayroll launched a global HR service offering, expanding its services further beyond global payroll to include HR Compliance Support services, HR Project Support Services and an HR Advisory Service, which has expanded to support customers in ~35 countries.
activpayroll offers managed services, including EOR and global payroll services across ~155 countries using its proprietary platform, activ8. It offers pre-configured integrations to leading HCM and payroll platforms, including certified connectors to Workday and UKG. activpayroll has been a Workday global payroll partner since 2008 and achieved PECI certification in 2016. It also offers managed payments whereby the international disbursement of payments is from a single centrally-funded account. It offers competitive exchange rates, guaranteed credit amounts to beneficiaries, funding options in major currencies, payments to statutory bodies and third parties, and low transaction fees.