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Talent2 - Payroll Services-2014
Vendor Analysis
published on Jun 24, 2014
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Report Overview:
Talent2 is an Asia Pacific headquartered organization based in Sydney, Australia.
Who is this Report for:
NelsonHall's Payroll Outsourcing Vendor Assessment for Talent2 is a comprehensive assessment of Talent2's Payroll Outsourcing offering and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of payroll outsourcing and identifying vendor suitability for payroll process outsourcing RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the support services sector
- HR decision makers.
Scope of this Report:
The report provides a comprehensive and objective analysis of Talent2's payroll outsourcing offering, capabilities, and market and financial strength, 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, size and scale of delivery locations and their activities.
Key Findings & Highlights:
Talent2's payroll business service represents ~30% of the business. Other HR services offered include:
- MPRHO services (~40%), combining HR administration services with payroll services; can also include learning services
- Learning services, (~27%)
- HR consulting and advisory services (3%).
The company has 2.9k payroll clients, for which it processes ~1.1m payslips per month. Talent2's payroll clients are fairly evenly split between the small, mid and large-market.
NelsonHall estimates that Talent2 is the largest Asia Pacific payroll outsourcing provider, in terms of revenue.