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Safeguard Global - Payroll Services 2021

Vendor Analysis

by Elizabeth Rennie

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.

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