Vendor Analysis
published on Aug 22, 2024
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.