Everest Group PEAK Matrix^® for Multi-country Payroll (MCP) Solutions 2023 recognizes Mercans as a Major Contender

Mercans Stands Tall as Major Contender in Everest Group’s 2023 Multi-Country Payroll Solutions PEAK Matrix® Assessment

Key Findings & Highlights

• In a dynamic market where enterprises demand more than conventional payroll management, Everest Group’s latest report on “Multi-country Payroll (MCP) Solutions PEAK Matrix® Assessment 2023” holds vital insights
• The report evaluates 27 MCP providers, categorizing them as Leaders, Major Contenders, and Aspirants based on market impact, vision, and capability.
• Enterprises are now seeking assistance beyond just conventional payroll management.
• A standout feature of Mercans in this evaluation is its focus on sourcing considerations that spotlight the provider’s essential strengths and limitations.
• Mercans’ emphasis on technological advancement and innovation in payroll solutions sets a benchmark, showcasing its commitment to meeting the diverse needs of enterprises.

Mercans, A Major Contender in MCP Solutions

Mercans continues to shine as a Major Contender, marking its fifth consecutive recognition in this competitive arena. Our position is a testament to Mercans’ unwavering commitment to advancing payroll technology, meeting the evolving needs of enterprises in a rapidly changing business landscape.

At Mercans, we pride ourselves on innovation. As pioneers of the world’s only native global payroll SaaS, we lead the industry in payroll processing and outsourcing across 160 countries. Our services offer unmatched speed, scalability, and precision, making us the preferred choice for global businesses.

Key Evaluation Criteria

The assessment, rooted in Everest Group’s rigorous methodology, includes the annual RFI process for the calendar year 2023, interactions with leading MCP providers, client reference checks, and continuous market analysis. The report meticulously outlines providers’ key strengths and limitations, highlighting Mercans’ prominence among the 27 MCP providers.

At Mercans, our uniqueness stems from the innovative core of our payroll product. Our focus has always centered on SaaS and cutting-edge payroll technology, especially in the intricate domain of gross-to-net payroll calculations across diverse global settings. We purposefully engineered our engine for global payroll, tailoring it to meet the intricate needs of organizations spanning multiple jurisdictions.
Our vision is clear: to revolutionize the payroll industry, shifting it from a services-based model to a technology-driven one. We are pioneering a fully digital payroll experience, reshaping how organizations manage their global payroll processes. The acknowledgment from Everest in their report validates our mission. We are delighted with our position and eagerly anticipate more successes ahead.

–Vish, CEO – Payroll & SaaS business, Mercans

Conclusion

Mercans’ consistent recognition in Everest Group’s MCP Solutions PEAK Matrix® Assessment 2023 is a testament to our dedication to excellence and innovation. As businesses navigate complex payroll challenges, Mercans stands as a reliable partner, offering cutting-edge solutions tailored to meet the demands of the modern enterprise.

For detailed insights, delve into the full Everest Group’s “Multi-country Payroll (MCP) Solutions PEAK Matrix® Assessment 2023” report.