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Talent2 - Payroll Services-2014

Vendor Analysis

by Elizabeth Rennie

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.

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