Global payroll is not merely the process of making payments and transfers but the process of incorporating diverse compliance standards, aligning with international tax agreements, and balancing various currencies. This would cripple Human Resources (HR) departments and lead to catastrophic mistakes without having the necessary tools.
This is why HR platforms specializing in global payroll are crucial. The system provides smooth integration, real-time analytics, and automated processes that simplify cross-border payroll operations and support through automated workflows, as your payroll expands.
This guide highlights the 8 best HR systems that are better suited for managing global payrolls, and ensuring the organization remains compliant, despite their global location.
Software | Rating | Features | Pricing |
Deel | 4.8 |
| Modular pricing plans for payroll, HR, IT, and services |
Workday HCM | N/A |
| Customized pricing plans |
Zimyo | 5 |
| Pricing starts at $3/month/user |
Gusto | 4.4 |
| Pricing starts at $49/month/person |
Rippling | 4.9 |
| Modular pricing plans for HR, IT, and Spend |
Multiplier | N/A |
| Pricing starts at $40/month |
Paylocity | 4.3 |
| Per-employee-per-month (PEPM) pricing module for finance, IT, and HR |
Oyster | 4 |
| Pricing starts at $29/month/employee |
Deel
Deel is a worldwide workforce management platform that encompasses key HR areas, which include expense management, benefits administration, contract management, and global payroll processing. The platform enables companies to recruit, onboard, pay, and manage employees in 130+ countries.
The platform streamlines global payroll and compliance, as well as expanding internationally without worrying about legal and administrative intricacies. Also, Deel provides 100+ integrations across the whole tech stack - including HR, time-tracking, and some of the most popular productivity tools.
Key Features
Pricing
The platform offers modular pricing plans according to your business's needs. These plans include:
- Payroll – starting from $29/employee/month
- HR – starting from $5/employee/month
- IT – starting from $9/device/mont
- Services – custom pricing
Disclaimer: The pricing is subject to change.
Pros And Cons
Workday HCM
Workday is a cloud-based platform that is recognized due to its financial management and Human Capital Management (HCM) functions. It offers payroll services, talent management, planning of the work force, and employees' benefits.
Through AI-powered analytics, Workday HCM assists organizations in addressing legal requirements and getting insights into pay-transparency regulations. Its AI-payroll prompts operate in one-click batches and further streamline the payroll operations.
Key Features
Pricing
The vendor offers customized pricing plans depending on the business size and needs.
Pros And Cons
Zimyo
Zimyo is a cloud-based HR software that streamlines the global payroll operations for growing businesses. It automates payroll across multiple countries and currencies, ensuring precise calculations, tax payments, and legal compliance in 40+ countries.
The platform is designed to remove errors, thus providing users with 100+ custom payroll reports, real-time analytical dashboards, and reporting capabilities for payroll processing. Moreover, it complies with the International Organization for Standardization (ISO), Health Insurance Portability and Accountability Act (HIPAA), and General Data Protection Regulation (GDPR).
Key Features
Pricing
The vendor offers three transparent pricing plans and add-ons tailored to your business needs. The plans include:
- Basic - $3/month/user
- Standard - $4/month/user
- Enterprise - $6/month/user
Disclaimer: The pricing is subject to change.
Pros And Cons
Gusto HR
Gusto is a small business and startup-focused payroll, benefits administration, and HR management system. It offers time tracking and employee self-service portal features that allow workers to view pay stubs and personal details.
Gusto HR software integrates with Xero accounting solution, Slack software, Novo, 15Five, Shopify software, and QuickBooks Time software. This helps to automate payroll processes and remove manual data retrieval to streamline leave management.
Key Features
Pricing
The platform offers three pricing plans, covering payroll, HR, and benefits in one place. The plans include:
- Simple - $49/month ($6/person/month)
- Plus - $80/month ($12/person/month)
- Premium - $180/month ($22/person/month)
Disclaimer: The pricing is subject to change.
Pros And Cons
Rippling
Rippling is an all-in-one HR system that simplifies employee management processes. The platform unifies the payroll, HCM, Information Technology (IT), and finance operations. This allows small and large enterprises to automate administrative processes and ensure compliance.
The software assists organizations in managing their global workforce in 185+ countries and eliminates manual work and operational complexity. Moreover, Rippling HR centralized all employee-related data for better decision-making.
Key Features
Pricing
The platform offers modular pricing plans based on services, including IT, Spend, and HCM, with all plans available at custom pricing.
Disclaimer: The pricing is subject to change.
H3> Pros And Cons
Multiplier
Multiplier is a leading HR platform that simplifies employee and contractor recruitment, onboarding, and administration without requiring the creation of local-based companies in over 150+ countries. It provides Employer of Record (EOR) services, thereby automating payroll processing, including multi-currency salary disbursement, tax computations, and compliance reporting.
Multiplier provides real-time monitoring of payroll operations, an automated processor of pay slips, and maintenance of expenses. Moreover, the system guarantees compliance with local labor laws across various countries and ensures integration with HR and accounting platforms.
Key Features
Pricing
The vendor offers transparent pricing plans according to your business size and specific requirements. The plans include:
- Employer of Records – starting from $400/month
- Contractors – starting $40/month
- Global Payroll – Custom pricing
- Immigration – Custom pricing
Disclaimer: The pricing is subject to change.
Pros And Cons
Paylocity
Paylocity is an HCM solution that automates payroll calculation and simplifies human resources operations in both small and large businesses. The platform offers comprehensive capabilities, including payroll, tax, time-tracking, benefits management, and talent management.
In addition to HR functions, Paylocity HR and Payroll focus on employee participation and teamwork. This integrated solution enables firms to improve the employee experience, thus making it a perfect tool for managing global payroll.
Key Features
Pricing
The vendor offers a per-employee-per-month (PEPM) pricing module for HR, IT, and Finance, tailored to your business’s requirements
Pros And Cons
Oyster
Oyster is a comprehensive global HR platform that helps businesses to hire, manage, and pay teams in 180+ countries. The platform provides global payroll processing in 30+ countries, all while following local laws and staying compliant with tax rules. Some key features include real-time payroll processing, automated approval workflows, and in-depth payroll reports and analytics.
Oyster HR is an excellent solution for both employers and employees, offering self-service tools for expense management and payroll data handling. This offers a seamless experience in global payroll management and support.
Key Features
Pricing
The vendor offers transparent pricing plans according to your employment needs, which include:
- Contractor - $29/month/contractor
- Global Payroll – starting from $29/month/employee
- Employer of Record - $699/month/employee
- Scale – Custom pricing
Disclaimer: The pricing is subject to change.
Pros And Cons
When choosing HR software for global payroll, first outline your organization’s requirements, budget, and projected organizational growth. While doing so, also keep in mind the implementation period and the estimated growth of your organization. When paired with the best solution, it ensures your investment can broaden and deepen within your organization. Each of the platforms highlighted above offers compliance management, intuitive user interfaces, and integration capabilities.
Ultimately, the best global payroll software solves inefficiencies and protects your organization from compliance risks, and enhances the overall employment experience.