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Alight Solutions - Payroll Services 2021
Vendor Analysis
published on Feb 19, 2021
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Report Overview:
This NelsonHall assessment analyzes Alight Solutions' offerings and capabilities in Payroll Services
Who is this Report for:
NelsonHall’s Payroll Services profile on Alight Solutions is a comprehensive assessment of its offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of managed 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 HR and payroll technology and services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Alight Solutionspayroll services offering, 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 locations.
Key Findings & Highlights:
Alight Solutions (Alight), headquartered in Lincolnshire, IL, is a privately held, technology-enabled provider of health, wealth, payroll, HR, and financial solutions.
The current organization was formed in November 2019 when Alight acquired NGA HR, significantly expanding its geographic reach and capabilities across its managed payroll and cloud HR services.
Alight's combined managed payroll services experience spans over fifty years, dating back to 1969 when NGA HR operated as a software business called CMC, later growing through a number of re-brands and acquisitions until its acquisition by Alight in 2019. Alight's legacy payroll services experience dates back to 2004 when it entered the multi-process HR outsourcing space through its acquisition of Exult. Alight has since developed deep expertise in delivering payroll administration services to large, complex organizations leveraging leading HCM platforms (e.g., Workday, SAP, Oracle/PeopleSoft).
Today the combined Alight and NGA HR organization employees >15k employees, ~7.6k dedicated to its global HCM offering, and produces $114b in annual payroll transactions.
Alight primarily targets large enterprise and upper-middle market multinational firms for its managed payroll services.