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Safeguard Global - Payroll Services 2021
Vendor Analysis
published on Feb 17, 2021
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Report Overview:
This NelsonHall assessment analyzes Safeguard Global's offerings and capabilities in Payroll Services
Who is this Report for:
NelsonHall’s Payroll Services profile on Safeguard Global 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 Safeguard Global payroll 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:
Safeguard Global ('Safeguard'), formed in 2006 and headquartered in Austin, TX, is a global provider of managed payroll and employer of record services.
Safeguard Global provides the following scope of services in support >179 countries globally, including:
- Global managed payroll (GMP) services
- Global employment outsourcing (GEO)
- Global HR outsourcing (GHRO).
Safeguard Global's vision and goal is to provide innovative solutions to support companies at every stage of the growth curve by providing adaptive solutions for a global workforce, offering a range of service options from employer of record to a fully managed payroll service.
Today, Safeguard actively supports ~500 managed payroll services, clients across 124 countries, producing >1.9m pay-slips annually.
Safeguard targets its GMP and GEO services to growing multinational corporations of all sizes seeking support for multi-country footprints and expanded operations in new geographies. Safeguard's solution can scale up and down market to support a range of client sizes with its services.