Avasant Selects Mercans as a Leader in Payroll Business Process Transformation

In the dynamic realm of global payroll, Mercans has carved a distinguished path, emerging as a Leader in Avasant’s Payroll Business Process Transformation 2023–2024 RadarView. Our recent recognition by Avasant, among 27 industry contenders, heralds us among the top 20 providers for consistently delivering exceptional value in the market. Avasant’s comprehensive evaluation, categorizing providers into challengers, disruptors, innovators, and leaders, recognizes Mercans for its significant contributions over the past 12 months.

In a span of just one year, Mercans has transitioned from disruptor to industry leader in Avasant’s report, setting a new benchmark for excellence, attributing it to the company’s excellence in critical dimensions of the RadarView assessment: practice maturity, domain ecosystem, and investments and innovation.

At the core of our success lies our proprietary payroll engine – HR Blizz, a technological marvel spanning 160 countries, adeptly servicing diverse industries with support for over 40 languages. Our flagship offering extends beyond conventional payroll solutions, encompassing a suite of comprehensive employee management tools tailored for international operations.

However, our narrative of triumph extends beyond accolades; it intertwines with the success stories of our esteemed clients. From aiding in establishing new international offices for businesses to streamlining operations for prominent companies, Mercans has played a pivotal role in enabling global business expansion.

As we march forward, our vision remains unwavering—to continually redefine the benchmarks in payroll business process transformation. Our ongoing pursuit of innovation, from no-code integration to instant payments, fuels our ambition to persist as pioneers in transforming global industries.

Avasant Analyst Commends Mercans

Mercans has developed its native global payroll engine to facilitate gross-to-net payroll calculations, digitalize processes, and offer self-service functionality to employees in 160 countries worldwide. Its partnerships with HCM and ancillary HR platform vendors enable it to offer comprehensive HR services through a unified portal. It leverages its local delivery network, including offices and regional experts in 121 countries, to help enterprises reduce dependence on local payroll aggregators for last-mile services across countries. It has also formed alliances with fintech companies, such as Ebury, Hyperwallet, Paycor, and Paysend, to offer last-mile payment disbursement services and close the end-to-end payroll cycle for clients.

Its continued investments in technology innovation, such as no-code HR integration tools and instant payments functionality, flexible business models, and a global delivery network, have made Mercans a leader in Avasant’s Payroll Business Process Transformation 2023–2024 RadarView.

Aditya Jain

Principal Analyst at Avasant
articulates,

This milestone stands as a testament to our journey—a journey marked by resilience, innovation, and an unwavering pursuit of excellence. Mercans celebrates this achievement with profound gratitude and an unwavering commitment to continually shape the future of payroll transformation.

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