Vendor Analysis
published on Aug 23, 2024
Report Overview:
This NelsonHall vendor assessment analyzes Paybix's offerings and capabilities in Payroll Services
Who is this Report for:
NelsonHall’s Payroll Services profile on Paybix is a comprehensive assessment of Paybix’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 Paybix’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:
Paybix is dedicated to servicing the multi-country managed payroll in the global SME market. Established in 2022 in Belgium, it is designed to be nimble and cost-effective for multinational SME-sized organizations looking for a unified view of payroll across multiple countries. In 2022, it launched its proprietary payroll platform, Epix, and currently has twelve clients and services ~400 client employees.