Feb 6, 2025 3 min read

Mercans Recognized as a Leader in Payroll Business Process Transformation

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Mercans Recognized as a Leader in Payroll Business Process Transformation

Mercans Recognized as a Leader

Mercans has emerged as a Leader in Avasant’s The Payroll Business Process Transformation 2024–2025 RadarView, a prestigious industry research that evaluates the top service providers revolutionizing payroll operations.

This comprehensive analysis categorizes providers into Leaders, Innovators, Disruptors, and Challengers based on their capabilities and market impact.

Avasant Selects Mercans as a Leader in Payroll Business Process Transformation

Avasant assessed 33 providers against three critical dimensions—Practice Maturity, Domain Ecosystem, and Investments & Innovation—ultimately recognizing 22 providers that demonstrated exceptional value in the past year.

Mercans’ leadership in payroll transformation reflects our steadfast dedication to streamlining operations, ensuring compliance, and enhancing the employee experience through advanced technology and human capital solutions. The report also highlights our managed BPO services that optimize payroll functions, including record-keeping, transaction processing, statutory compliance, and help desk support. Key modernization levers include multicountry payroll engines, workflow automation, AI/ML-powered chatbots, and process reengineering to boost efficiency and accuracy.

Special Note

Avasant’s Payroll Business Process Transformation 2024–2025 RadarView has recognized our extensive global presence, deep expertise, and innovative solutions as key differentiators.

Despite the evolving challenges in payroll transformation, we have consistently distinguished ourselves as a Leader year after year, driving efficiency, compliance, and technological advancements.

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Mercans delivers global payroll services through its API-driven G2N Nova payroll engine, a solution offering no-code integrations. By relying on in-house experts and eliminating third-party dependencies, Mercans ensures highly accurate and localized support. Its investments in AI and blockchain payroll audits, anomaly detection, and operational efficiency, drive innovation in global payroll management

Mercans’ robust payroll capabilities, strategic industry partnerships, and commitment to technological innovation have positioned it as a Leader in Avasant’s Payroll Business Process Transformation 2024–2025 RadarView.

Aditya Jain

Aditya Jain

Research Leader & Principal Analyst at Avasant

Our proprietary technology and strategic innovations were instrumental in earning this recognition. Our one-of-its-kind, gross-to-net global payroll engine, G2N Nova, enables precise Gross-to-Net (G2N) calculations for any country, ensuring accuracy and compliance. In parallel, HR Blizz, our tech-forward, end-to-end global payroll platform covering regulations in over 160 countries, leverages Natural Language Processing (NLP), Machine Learning (ML), and workflow automation to optimize payroll operations. Unlike many in the industry, we do not rely on third-party local vendors for last-mile services. Instead, we leverage our in-house local experts across 160 countries to deliver hassle-free and compliant payroll solutions.

Our success is further strengthened by our strategic partnerships with some of the world’s most recognized brands, including Bombardier, Vodafone, Kratos Defense & Security, and Cochlear. Mercans’ services span multiple industries, such as Aerospace & Defense, Banking, Financial Services, Government, Healthcare & Life Sciences, High-tech, Insurance, Manufacturing, Nonprofits, Retail & CPG, Telecom, Media & Entertainment, and Travel & Transportation.

commas

Achieving this recognition once again has been incredibly gratifying. We are truly grateful. The analysts highlighted that Mercans offers a robust suite of HR services, with payroll as the cornerstone of our operations. Our G2N engine, built on an API architecture, can be white-labeled and integrated with any HCM provider, enabling HCM players to offer global payroll capabilities without the need to develop their own engine.

Vishwanathan Arunachalam

Vishwanathan Arunachalam

CEO (Payroll SaaS) of Mercans

This eliminates third-party dependencies and allows us to deliver unified payroll services worldwide by relying on in-house expertise across 121 countries for localized support. We remain committed to supporting organizations across the globe and strive to focus on developing tailored payroll solutions for underrepresented countries, expanding our impact and offering comprehensive, global payroll services with evolving technology at its core. 

Looking ahead, As global leaders in payroll technology, we look forward to excelling and continuing our innovation and leadership in the industry.

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