TMF Group, a leading provider of compliance and administrative services, has been recognised for the fourth consecutive year as a 'Leader' and for the first year as an 'Innovator' in the 2024 NEAT Analysis: Payroll Services by NelsonHall, a leading IT and business process services analyst and advisory firm.
The NelsonHall Vendor Evaluation & Assessment Tool (NEAT) evaluates the performance of payroll services vendors, allowing business leaders to identify the top providers for partnership consideration.
This year, TMF Group secured a Leader position in the Multi-Country Capability and Digital Payroll Capability categories and an Innovator position in the Extended Services Capability category. This recognition reflects the company's ability to successfully deliver reliable global payroll solutions with immediate benefits that meet future client requirements.
Liz Rennie, NelsonHall's HR & Talent Transformation Research Director, said
TMF was identified as a Leader in the Multi-Country Capability market segment primarily due to its significant ability to directly service approximately 150 countries through its proprietary platform Horizon underpinned by continued digital and service enhancements. Its positioning as an Innovator in the Extended Services Capability segment recognises its capability and investments in HR administration outsourcing including data maintenance, benefits analysis & implementation, and employee HR support, both onsite and remote.
TMF Group's Global Head of HR and Payroll, Mark Rosson, said:
We are very proud of this year's recognition by NelsonHall, a performance evaluator with unrivalled knowledge in the outsourcing of payroll services. Securing a Leader position in two categories and an Innovator in one is a significant achievement that we take immense pride in. We'd like to extend our sincere thanks to all our payroll teams, as it is their hard work and steadfast commitment to client compliance and support that has made this possible.