California, USA – October 22, 2018
Neeyamo, a global leader in providing platform-enabled HR & Payroll solutions has been recognized as a Star Performer in the Multi-Country Payroll Outsourcing (MCPO) – Service Provider Landscape with Services PEAK Matrix™ Assessment for the year 2018. Neeyamo has been positioned in the ‘’Major Contenders’’ category.
Neeyamo’s classification as a Star Performer is based on its year-over-year improvement on the Services PEAK MatrixTM by Everest Group, a premiere consulting and research firm focused on strategic IT, business services, and sourcing. This year’s study had considered fifteen leading Global Payroll Service providers.
According to the report, Neeyamo has showcased significant improvement in both Market Impact (market adoption, portfolio mix, value delivered) and Vision & Capability (vision & strategy, scope of services, innovation & investments, delivery footprint) thereby earning it Star Performer position.
Vivek Khanna, Chief Client partner at Neeyamo said “Our global payroll practice has seen tremendous growth over the past few years and much has happened since our decision to become a platform-enabled global payroll service provider. PayNComp has been receiving accolades the world-over for its capability to be a truly single global payroll solution serving organizations, especially with a multi-country presence. With a solution that serves customers in over 130+ countries, we are now focused in making investments and extending our efforts to bring to market a solution that transforms and supports a truly global payroll model.”
“Neeyamo’s strong performance in the MCPO market is underpinned by its differentiated capability to serve not only countries with low employee populations, i.e. long-tail countries, but also its ever-expanding coverage across major geographies. Neeyamo’s continued investments towards enhancing its proprietary payroll platform with a strong focus on analytics and automation, places it well to meet the evolving needs of the buyer,” said Anil Vijayan, Practice Director, Everest Group.
With more than 1,500 professionals specializing in delivering Global Payroll and HR services across 150+ countries, Neeyamo is one of the world’s foremost providers of HRO services for multinationals with operations spread across a Long-Tail of countries. Its service lines cover entire pre-hire to post-retire employee life cycle. Visit www.neeyamo.com