Vendor Analysis
published on Jul 01, 2022
Report Overview:
This NelsonHall vendor assessment analyzes Acumen International’s offerings and capabilities as a provider of global employer of record services.
Who is this Report for:
NelsonHall’s Global Employer of Record Services profile on Acumen International is a comprehensive assessment of Acumen International’s offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of employer of record services and identifying vendor suitability for RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the employer of record sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Acumen International’s global employer of record service offerings and capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developmentsAnalysis 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 delivery locations.
Key Findings & Highlights:
This NelsonHall vendor assessment analyzes Acumen International’s offerings and capabilities as a provider of global employer of record services.
Headquartered in London, U.K., Acumen International is a global employer of record (EOR) and professional employer organization (PEO) service, provider. The firm was formed in 2001 by current CEO Nick Ganzha as a local staffing and recruiting agency. In 2011, Acumen International entered the global employer of record services market to support mid-sized and enterprise companies with compliant international expansion services.
Since 2019, Acumen International has experienced a ~43% increase in active workers. This growth was driven by clients within the technology, energy, and manufacturing sectors, as well as international employers' needing, to rapidly establish compliant in-country EOR services to secure required talent in challenging locations or fill roles triggered by the global pandemic. Today, Acumen International offers its global employer of record services in ~190 countries.
Acumen International maintained EOR/PEO, payroll, and EMEA support operations in its shared service center in Kyiv, Ukraine. Due to the Russian war that started in Ukraine in February 2022, Acumen International has relocated its Ukrainian team to locations in both Ukraine and Europe, including Cyprus, Spain, and the UK. The company has ceased operations and terminated all projects in Russia and Belarus. In March 2022, the organization expanded its support of Ukrainian and international companies in retaining talent, with relocation and compliant PEO services, and continuing their everyday operations.