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Deel vs Globalization Partners: EOR Comparison & Alternatives in 2023

Deel vs Globalization Partners: EOR Comparison & Alternatives in 2023

Expanding a business internationally can be a complex and challenging endeavor. Navigating the intricacies of global employment, payroll, and HR management in multiple countries can be overwhelming. Fear not, for Deel and Globalization Partners are here to help! These companies offer comprehensive solutions to streamline your international business expansion efforts, making it easier for you to manage your global workforce. So, let’s dive into the key differences between these two platforms and determine which one is the best fit for your business in the context of “Deel vs Globalization Partners”.

Key Takeaways

  • Compare Deel and Globalization Partners for international business expansion in 2023, including their distinct global employment solutions, local expertise coverage, pricing structures and customer support.
  • Explore case studies of successful clients to understand the benefits offered by both platforms as well as alternative EOR partners such as Skuad, Papaya Global & Velocity Global.
  • Consider factors like country presence & affordability when choosing an EOR partner for international expansion.

Deel and Globalization Partners: Key Differences

Both Deel and Globalization Partners aim to make international business expansion as seamless as possible by offering a range of services and features tailored to the needs of global companies. Deel provides a comprehensive HR platform that includes features such as payroll processing, global recruitment, and legal requirement management for the global workforce. On the other hand, Globalization Partners focuses on offering cloud-based global employment solutions, including onboarding, management, and local compliance services.

A deeper understanding of the differences between these two companies can be gained by exploring their offerings in global employment, payroll, and HR platform functionality. In the following subsections, we will compare their services and capabilities in each of these areas.

Global Employment Solutions

Deel and Globalization Partners both provide global employment solutions, but their approaches differ significantly. Deel specializes in offering a unified platform for managing global recruitment, enabling businesses to hire, manage, and pay their global teams with ease. This comprehensive suite of features simplifies global team management and allows businesses to manage payroll for employees in different countries in a centralized manner.

In contrast, Globalization Partners, a professional employer organization, utilizes an AI-driven global employment platform, which automates and ensures compliance in global employment processes. Their platform leverages AI technology and the expertise of in-house worldwide HR professionals to facilitate the hiring and onboarding of personnel across the globe. With these different approaches, businesses can choose the solution that best aligns with their global employment needs.

Global Payroll Capabilities

Deel and Globalization Partners take different approaches to global payroll management. Deel merges payroll management, EOR services, and contractor payments into a single platform, making it easy for businesses to manage and pay their global workforce. Deel’s automated global payroll can accommodate payments to any type of worker in more than 100 countries, as well as US payroll for all 50 US states.

Globalization Partners, on the other hand, focuses on ensuring payroll compliance, tax compliance, and automating processes. They specialize in payroll compliance and automation, simplifying the payroll management process for businesses expanding internationally. The choice between these two platforms should be guided by the alignment of their approach with your business’s payroll requirements and preferences.

HR Platform Functionality

Deel offers a self-serve platform for team management and customizable options, allowing businesses to:

  • Onboard team members quickly and efficiently
  • Customize the platform to suit the specific contract type
  • Access and update employee details easily through Deel’s People Directory function
  • Improve employee engagement
  • Streamline team management processes

On the other hand, Globalization Partners provides in-house legal, tax, and HR expertise to support clients in their international business endeavors, including managing owned entities. They offer a more hands-on approach, with their team of experts working closely with clients to ensure compliance and smooth operations, acting as a safeguard global partner.

The level of customization and support your business requires for effective HR management should be a consideration when evaluating these platforms.

Country Coverage and Local Expertise

Deel operates as an EOR in over 100 countries, providing businesses with the necessary support to manage their global workforce efficiently. With established legal entities in more than 100 countries worldwide, Deel has the expertise and resources to ensure compliance with local labor laws and regulations.

In comparison, Globalization Partners covers more countries with its global expansion services, offering its services in over 180 countries, including:

  • United Kingdom
  • Singapore
  • Mexico
  • Canada
  • Hong Kong
  • Germany
  • Australia
  • China

With a broader country coverage, Globalization Partners may be a better fit for businesses looking to expand into a wider variety of international markets.

The countries in which businesses plan to operate should influence their choice of one platform between these two platforms.

Pricing Comparison: Deel vs Globalization Partners

Both Deel and Globalization Partners offer contractor management pricing structures for contractors, employer of record employees, and direct employees. When comparing the pricing structures of these two platforms, businesses should assess their requirements and the specific services they need for their international expansion efforts.

Factors such as the number of employees, operating countries, and the level of required support and customization should be considered when evaluating the costs associated with each platform. Examining these factors can guide businesses in making an informed decision on the platform that offers the best value and aligns with their budgetary constraints.

Customer Support and Satisfaction

Deel and Globalization Partners are both committed to providing exceptional customer support and satisfaction. Deel boasts a clientele of over 15,000 companies worldwide and offers 24/7 in-house and multi-channel customer support, including in-app chat support and other assistance channels. This level of support demonstrates their dedication to helping businesses navigate the complexities of international hiring and workforce management.

Similarly, Globalization Partners provides comprehensive support through their Help Center, which is monitored 24/7 by their in-country HR Specialists, Regional Accountants, IT Support, and Account Management. Additionally, they offer a global ethics hotline available in all countries where their entities are located. Both companies have a strong track record of customer satisfaction, showcasing their commitment to client success and helping businesses overcome the challenges of international expansion.

Integration and Customization Options

Deel and Globalization Partners, as third party providers, offer various integration and customization options, making it easier for businesses to incorporate their services into existing workflows and HR systems.

Deel provides:

  • API access
  • Compatibility with HR software platforms such as Greenhouse, BambooHR, PayPal, Xero, Jibble, Okta, Expensify, and NetSuite
  • Highly customizable platform, allowing businesses to create their own customized document types for workers to read, sign, or upload
  • Customizable dashboard with real-time payroll data

Globalization Partners offers the following integrations:

  • Wise
  • Sage
  • UKG
  • ADP
  • Greenhouse
  • HiBob

These integrations, along with their Open API, facilitate the hiring and onboarding process and make Globalization Partners a flexible and adaptable solution for businesses looking to streamline their international HR and payroll processes.

Case Studies: Success Stories from Deel and Globalization Partners Clients

Real-world examples can provide valuable insights into how Deel and Globalization Partners have assisted their clients in their international business growth endeavors. A notable success story is EasyBroker, who leveraged Deel to expand globally, become 100% remote, and save more than 5 million euros. This demonstrates the effectiveness of Deel’s platform in helping businesses overcome the challenges of global expansion.

Clients of Globalization Partners have also experienced numerous benefits, such as API integrations that save time, access to comprehensive global information, and improved recruitment metrics and business profitability. These success stories highlight the advantages provided by both Deel and Globalization Partners in facilitating international business expansion.

Examining these case studies helps businesses understand the efficacy of each platform and the unique benefits they provide, thereby assisting in making informed decisions on the solution that best aligns with their international expansion needs.

Alternatives to Deel and Globalization Partners

While Deel and Globalization Partners are both strong contenders in the global HR and payroll space, there are alternative EOR partners that businesses may wish to consider. Skuad, Papaya Global, and Velocity Global are potential options, each with their unique offerings in global employment solutions.

Skuad operates in over 150 countries and provides a comprehensive HR platform designed to enable you to manage remote teams without the requirement of a local entity.

Papaya Global offers a platform that facilitates payroll and payment automation, customizable workflows, integrations with third-party systems, and an advanced HRIS, catering to clients requiring sophisticated, tailored business reports on auditing, HR, workforce planning, and payroll.

Velocity Global offers services in a variety of areas. These include:

  • Global Talent Acquisition
  • Global Immigration
  • International PEO
  • Global Payroll
  • Global Consulting
  • Entity Setup and Support Services

Businesses should evaluate these alternatives based on their specific needs and requirements when choosing an EOR partner.

Factors to Consider When Choosing an EOR Partner

Factors such as country presence, affordability, and platform functionality should be considered when selecting an EOR partner for international business expansion. Businesses should evaluate the mix of intelligent automation and human expertise, the knowledge and expertise in supporting business growth, the platform’s broad reach and coverage across the globe, its ability to handle foreign exchange rates, and its capacity to manage HR administrative duties, payroll, benefits, and taxation obligations.

The compliance capability of an EOR partner is also crucial, as it guarantees adherence to local labor laws and regulations in each country of operation, thus averting compliance issues and costly financial penalties. Taking these factors into account can help businesses make an informed decision on which EOR partner best fits their international expansion efforts.

Summary

In conclusion, both Deel and Globalization Partners offer comprehensive solutions for businesses looking to expand internationally. By comparing their services in global employment, payroll, HR platform functionality, country coverage, pricing, customer support, integration and customization options, and success stories, businesses can make an informed decision on which platform best aligns with their needs and requirements. Ultimately, the choice will depend on factors such as country presence, affordability, platform functionality, and compliance capabilities, ensuring a smooth and successful international business expansion journey.

FAQ

Globalization Partners' main competitors are LinkedIn, ADP and Indeed, each of which holds a significant market share in the Recruitment category. Other competitors include Papaya Global, Deel, Atlas, WorkMotion, Velocity Global, Oyster and Remote.

Globalization Partners does not offer locally compliant contract templates that can be generated quickly, unlike Multiplier which provides users with multi-lingual contracts that are 100% locally compliant in minutes.

Deel stands out from other firms in the industry with superior supply chain management and 24/7 in-house and multi-channel support. Their fast in-house support and self-serve onboarding process creates an efficient service which customers can rely on.

Globalization Partners is valued at $4.2 billion and is owned by Vista Equity Partners' subsidiary, Vista Credit Partners, who recently invested $200 million in the company.

Deel and Globalization Partners both provide services to customers across the world, with Deel offering EOR in over 100 countries and Globalization Partners providing services in over 180 countries.

Article By

Charlotte Evans

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Charlotte speaks with authority as RemotePad’s recruitment and HR tech maestro. With a background in marketing, Charlotte has worked for major brands in the industry, including leading HR software provider, FactorialHR. Originally from Manchester, UK, with a bachelor’s degree from the Manchester Metropolitan University, Charlotte currently resides in sunny Barcelona, Spain.


This post first appeared on RemotePad, please read the originial post: here

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Deel vs Globalization Partners: EOR Comparison & Alternatives in 2023

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