TMF Group is named, yet again, a Leader in the Multi-Country Capability market segment for payroll services. The recognition comes from NelsonHall, a leading research and analysis firm which specialises in digital operations transformation.
The research was carried out using NelsonHall's Evaluation & Assessment Tool (NEAT), which sits at the front end of the vendor screening process and consists of a two-axis model: assessing vendors against their 'ability to deliver immediate benefit' to buy-side organisations; and their 'ability to meet client future requirements'. The latter is a pragmatic assessment of the vendor's ability to take clients on an innovation journey over the lifetime of their next contract.
In its analysis NelsonHall positioned TMF Group in the Leader category, meaning that the company exhibited a high capability to deliver immediate benefit alongside high capacity to meet future client requirements.
The findings of this year's assessment demonstrate that TMF Group is a Leader in the Multi-Country Capability category: this market segment reflects vendors' ability to meet future client requirements as well as delivering immediate benefits to their payroll services clients with specific capability around multi-country payroll operations.
Liz Rennie, HR Technology & Services Research Director at Nelson Hall, said:
"TMF Group is a Leader in the multi-country payroll services market, helping clients benefit from stronger payroll processes, improved timeliness for compliance and improved accuracy through integration. TMF Group brings a strong middleware layer to support global clients in managing multiple country payrolls with ease. TMF Group has also demonstrated both global and local knowledge and capability to offer a high quality service, enabling clients to be informed and up to date in a proactive way."
Mark Rosson, Payroll and HR Practice Head at TMF Group, said:
"I'm very proud of this important result for TMF Group. This comes thanks to the constant commitment of more than 1,500 colleagues working globally. Despite the challenging times we are living in, our dedication to servicing our clients is clear and will always be our first priority."
For further information, please contact:
Giampaolo Arghittu, Global External Communications Manager, TMF
Group
giampaolo.arghittu@tmf-group.com
D: +44 7983314989
About TMF Group
TMF Group is the leading provider of critical compliance and administrative services, with some 7,800 in-house experts across 120 offices covering 80-plus jurisdictions. Together we deliver a broad portfolio of consistent, integrated but localised services covering the business administrative essentials of accountancy and tax; HR administration, global payroll and employee benefits; and global entity management, corporate secretarial and regulatory compliance. Rapid response consultancy solutions support cross-border projects large and small, at every stage, across all our disciplines, and in every market. Specialised teams support fund and capital markets administration and private wealth and family offices. Because we know how to unlock access to some of the world's most attractive markets – no matter how complex – swiftly, safely and efficiently, over 60% of the Fortune Global 500 and FTSE 100, and almost half the top 300 private equity firms, use us.
About NelsonHall
NelsonHall is the leading global analyst firm dedicated to helping organizations understand the 'art of the possible' in digital operations transformation. With analysts in the U.S., U.K., Continental Europe, and India, NelsonHall provides buy-side organizations with detailed, critical information on markets and vendors (including NEAT assessments) that helps them make fast and highly informed sourcing decisions. And for vendors, NelsonHall provides deep knowledge of market dynamics and user requirements to help them hone their go-to-market strategies. NelsonHall's research is based on rigorous, primary research, and is widely respected for the quality, depth and insight of its analysis.