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Liz is HR Technology and Services Research Director at NelsonHall, with global responsibility for key HR research projects including Cloud-Based HR Transformation, Cloud-Based Benefits Services, HCM Technology, EoR, Global Payroll and The Future of HR, as part of NelsonHall's wider HR Technology & Services practice.
meet & followNikki is a Principal Research Analyst at NelsonHall and a member of the HR Technology & Services practice. Nikki covers HR services research in the areas of Recruitment Process Outsourcing (RPO), Managed Service Programs (MSP), Total Talent, and Learning.
meet & followJeanine is a Principal Research Analyst at NelsonHall and a member of the HR Technology & Services practice. She has global responsibility for key HR areas including employer of record (EOR) and learning platforms.
meet & followDeeAnna is a Principal Research Analyst at NelsonHall and a member of the HR Technology & Services practice. She has global responsibility for key HR areas including HCM technology, workforce management, and health & welfare administration.
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Please visit NelsonHall's HRO Insight blog for further updates from our analysts daily
published on Jun 03, 2015
Raet is the largest payroll provider in the Netherlands. It is a privately owned HR services provider which also offers HR/payroll software. Founded in 1965, it services ~10k clients with ~1.5m client employees and an additional ~1.3m pensioners.
NelsonHall's Payroll Services Vendor Assessment for Raet is a comprehensive assessment of Raet's payroll services offering and capabilities, designed for:
The report provides a comprehensive and objective analysis of Raet's payroll service offering, capabilities, and market and financial strength, including:
Its original technology was mainframe based, which it operated until 2006 when it developed its cloud based platform. The cloud based platform supports one version across all clients. Raet's services include:
Raet's investors, CVC Capital Partners, acquired ownership in September 2011 with a view to expanding it internationally. To support its international ambitions, in January 2015 Raet acquired RH Pro, a Latin American HR cloud based HCM/payroll provider. RH Pro was founded in 1996 in Argentina and now supports 17 countries across Latin America, with ~70 employees servicing ~300k client employees with a SaaS HR/payroll service.
Raet's payroll services include:
All of Raet's clients adopt its payroll software as a minimum, and ~98% also adopt the HCM software as an integrated product.
Raet supports a transfer of staff arrangement as part of service transition, and has performed this for its larger clients (e.g. KPN and the NL Police). Payslips are typically delivered electronically (~85% are delivered via self-services, and 75% are solely delivered electronically).