EOR

Top Eight Alternatives to Velocity Global EOR

Mayank Bhutoria
10
min

In a world where global expansion is a strategic imperative for businesses, finding the right partner to navigate the complexities of international employment is crucial. Velocity Global is a big player in providing global expansion solutions. Their Global Work Platform helps multinational companies hire, onboard, pay, and stay compliant. It also encourages employers to welcome diverse voices for stronger teams. 

However, like any tool, Velocity Global may not suit every business. Some have noted that they have higher fees or usability issues, while others lack the expertise and local insights needed for seamless cross-border operations. In this post, we will tackle some of the alternatives to Velocity Global and provide you with tips on how to choose the right alternative for your business.

Key Features to Look for in an Alternative to Velocity Global

When considering alternatives to Velocity Global or any global expansion solution, it's essential to look for key features that align with your business needs. Here are some important features to consider.

Global Coverage

Ensure that the alternative provider offers coverage in the countries where you plan to expand or already operate. It will allow your business to expand into new markets quickly and efficiently. Look for a wide network of partners or subsidiaries to support your global presence.  

Compliance Expertise

Different countries have varying employment laws, regulations, and tax requirements. A global EOR typically has a network of local experts and partners in each country. This ensures that your business receives personalized support and guidance from professionals who understand the local market dynamics, cultural nuances, and regulatory requirements. Verify that the alternative provider has extensive knowledge of international labor laws, tax regulations, and compliance requirements. This ensures that your operations remain legally compliant in all jurisdictions.

Offered Services

Managing payroll, benefits, and HR administration across multiple countries can be complex and time-consuming. Seek alternatives with robust payroll management capabilities tailored to different countries' requirements. This includes support for multi-currency payments, tax calculations, and local payroll regulations. Look for features such as centralized employee data, reporting tools, and integration capabilities with other HR and finance systems. This simplifies payroll, tax withholding, and benefits administration in foreign markets.

Scalability

As your business grows and expands into new markets, a global EOR can scale its services to accommodate your changing needs, whether you're hiring a few employees in one country or expanding into multiple regions simultaneously. Choose an alternative that can scale with your business as it grows internationally. Ensure that the provider can support additional employees, countries, and expansion initiatives without compromising service quality.

Customer Support

Consider alternatives that offer comprehensive support, including assistance with employee onboarding, performance management, and compliance training. Look for features like employee self-service portals and HR analytics. You may also want to look at assessing the level of customer support provided by the alternative provider, including availability, responsiveness, and expertise. Look for a dedicated account manager or support team to assist with your global expansion needs.

Top Eight Alternatives to Velocity Global

1. Gloroots

Gloroots is an employment platform that simplifies global hiring and payroll compliance. It streamlines international hiring and payroll through automation, offering employer-of-record, contractor management, localized benefits, and integrated human resources management system (HRMS) capabilities. Gloroots provides consolidated global workforce oversight with compensation localized to each region.

Features

Gloroots simplifies employee onboarding with a streamlined process that takes just six clicks to complete. Below are some of their Employer of Record features and services:

  • Intuitive onboarding dashboard
  • Robust reporting features 
  • Global hiring and legal compliance solutions
  • Contractor management
  • Localized global benefits
  • Integrated HRMS capabilities
  • On-time payments to contractors in USD or their local currency
  • Milestone, hourly, or fixed agreements
  • Compliance documents collection
  • Automated invoicing
  • Time off and expenses
  • Crypto pay-ins

Pricing

Starts from $299 per employee per month

Pros

  • Automation for global hiring and payroll
  • Integrated HRMS capabilities for comprehensive workforce management

Cons

New to the market.

2. Multiplier

Multiplier offers a comprehensive solution for hiring and employing overseas workers without establishing local entities. By partnering with Multiplier, businesses can legally engage with international talent while offloading administrative burdens associated with employment, such as payroll, taxes, benefits, and compliance with local labor and tax laws.

Features

Multiplier offers a comprehensive Employer of Record (EOR) solution, facilitating international hiring and employment without the necessity of establishing local entities. Below are some of the features they offer:

  • Payroll management in over 120 currencies, aligning with regional regulations. 
  • Regionally competitive insurance and benefits packages for global employees
  • Instant employment contracts
  • Multi-country payroll
  • Multi-currency payments
  • ESOPs, benefits and insurance administration
  • Expense and leave management
  • 24/5 support from local HR and legal experts, no third-party delays
  • Employee payslips

Pricing

Starts at $400 per employee per month.

Pros

  • Comprehensive Employer of Record (EOR) solution covering payroll, taxes, and benefits
  • Simplified international hiring and compliance management
  • Extensive coverage in multiple countries for global expansion

Cons

  • Pricing may be higher compared to some competitors, potentially posing budgetary constraints for smaller businesses.
  • Limited flexibility in certain customization options, which may not fully accommodate the unique needs of all businesses

3. Deel

Deel provides global employment solutions, including Employer of Record (EOR) services, payroll management, compliance support, and contractor management. It simplifies global employment complexities by handling legal, tax, and compliance requirements, allowing companies to focus on core operations.

Features

Deel offers comprehensive global employment solutions tailored to businesses operating across borders. Below are some of the features they offer:

  • Global employment solutions
  • Employer of Record (EOR) services
  • Payroll management
  • Compliance support
  • Contractor management
  • Simplified hiring and onboarding in 150+ countries

Pricing

Starts at $599 per month.

Pros

  • Simplified global employment solutions with extensive coverage in 150+ countries
  • Focus on compliance and legal support for seamless international hiring
  • Streamlined processes for payroll management and contractor engagement

Cons

  • One of the most expensive among all EORs
  • Limited visibility into pricing and service tiers
  • Users have raised complaints about their customer support, mentioning slow response times, unhelpful assistance, and a lack of responsiveness. 

4. Remote

Remote assists companies in managing and compensating full-time and contract workers worldwide. Their services cover international payroll, benefits administration, tax compliance, stock options management, and regulatory compliance in numerous countries. Remote emphasizes transparency and a single flat-rate pricing model, enabling businesses to maintain control over their budget while focusing on growth.

Features

Remote offers a range of features as a global employment solutions provider.  Below are some of the features they offer: 

  • Management of full-time and contract workers worldwide
  • International payroll
  • Benefits administration
  • Tax compliance
  • Stock options management
  • Regulatory compliance

Pricing

Starts at $599 per month.

Pros

  • Wide range of global employment solutions covering payroll, benefits, and regulatory compliance
  • Transparent pricing model with a single flat rate, allowing for better budget control
  • Emphasis on security and regulatory compliance for peace of mind

Cons

  • Limited customization options for larger enterprises, which may not fully meet the unique requirements of larger organizations
  • Some features may be less robust compared to specialized providers
  • One of the most expensive among all EORs

5. Rippling

Rippling offers automated global payroll and HR features, eliminating manual work with innovative tools. In addition to payroll software, Rippling provides IT and finance management plans, allowing businesses to connect essential software tools on the same unified platform. Companies can manage employees' apps, devices, data, and security globally using Rippling's IT Cloud product.

Features

Rippling offers a suite of features designed to streamline payroll, HR, IT, and finance operations:

  • Automated global payroll and HR features
  • Integration with IT and finance management plans
  • Unified platform for connecting essential software tools
  • Employee app, device, data, and security management
  • Streamlined IT and finance operations

Pricing

Starts at $8 per month, per user. Offers custom pricing for Global EOR.

Pros

  • Automated global payroll and HR features for efficient workforce management
  • Unified platform for IT, finance, and HR management, simplifying operations
  • Scalable solution suitable for businesses of all sizes, accommodating growth

Cons

  • Pricing may be higher for smaller businesses, potentially making it less cost-effective for startups and small enterprises
  • Some features are not as extensive as some of the more established HR and payroll solutions

6. Papaya Global

Papaya Global offers a comprehensive workforce management platform for international payroll, global workforce expansion, compliance, and HR administration. It streamlines processes such as payroll processing, benefits administration, employee onboarding, and compliance management across multiple countries, simplifying the complexities of managing a global workforce.

Features

Papaya Global offers a comprehensive suite of features as a global workforce management platform:

  • International payroll processing across different countries and currencies
  • Global workforce expansion solutions that assist with hiring, onboarding, and managing employees worldwide
  • Compliance management from local labor laws, regulations, and tax requirements in multiple countries
  • HR administration tools to manage employee data, documents, and records
  • Employee onboarding
  • Benefits administration
  • Reporting and analytics that provide insights into workforce data, payroll expenses, compliance status, and other key metrics

Pricing

Starts at $599 per month per employee.

Pros

  • Comprehensive workforce management platform covering international payroll, HR administration, and compliance
  • Extensive coverage for global expansion with a focus on compliance and reporting
  • Centralized platform for streamlined processes and efficient management of a global workforce

Cons

  • Complexity of the platform due to multiple offerings
  • Pricing structure may not be suitable for companies with limited budgets

7. Globalization Partners

Globalization Partners specializes in global Employer of Record (EOR) services, enabling businesses to expand internationally without establishing legal entities in foreign countries. They handle payroll, benefits, compliance, and HR functions, allowing companies to onboard employees quickly and compliantly in new markets.

Features

Globalization Partners offers specialized global Employer of Record (EOR) services, focusing on:

  • Payroll, benefits, and compliance management
  • Compliant onboarding of employees in new markets

Pricing

Custom pricing for Global EOR.

Pros

  • Specializes in global Employer of Record (EOR) services for quick and compliant onboarding in new markets
  • Extensive coverage for payroll, benefits, and compliance, reducing administrative burdens

Cons

  •  Higher pricing compared to competitors
  • Limited flexibility in certain service offerings

8. Remofirst

Remofirst provides an Employer of Record (EOR) product designed to simplify hiring full-time employees and contractors in over 150 countries. With Remofirst, businesses can avoid the time-consuming process of setting up local entities, while ensuring compliance with local regulations and managing their international workforce centrally.

Features

Remofirst provides an Employer of Record (EOR) product designed to simplify the hiring process. Their features focus on:

  • Management of full-time and contract workers worldwide
  • International payroll
  • Expense reimbursement administration
  • Benefits management
  • Automatic tax payment

Pricing

Starts at $199 per employee per month.

Pros

  • One of the most affordable Employer of Record (EOR) products offering centralized management of international workforce
  • Extensive coverage for hiring in 150+ countries, enabling global expansion without local entity setup
  • Focus on compliance and centralized platform for efficient workforce management

Cons

  • Limited flexibility in certain service offerings

How to Choose the Right Velocity Global Alternatives for Your Business

Choosing the right alternative to Velocity Global for your business requires careful consideration of several factors. Here's a step-by-step guide to help you make the best decision:

  1. Assess your business needs

Begin by identifying your specific requirements for global expansion and workforce management. Consider factors such as the countries you plan to expand into, your workforce size, compliance obligations, and budget constraints.

  1. Define key criteria

Based on your business needs, establish key criteria that the alternative solution must meet. This may include global coverage, compliance expertise, payroll management capabilities, HR support, scalability, and customer support.

  1. Research potential alternatives

Conduct thorough research to identify potential alternatives to Velocity Global that meet your key criteria. Look for providers with a proven track record, positive customer reviews, and a strong reputation in the industry.

  1. Evaluate features and capabilities

Evaluate each potential alternative based on their features, capabilities, and alignment with your business needs. Consider factors such as global coverage, compliance expertise, payroll management tools, HR support services, technology platform, scalability, and customer support.

  1. Request demos and trials

Reach out to the shortlisted alternatives to request product demos or trials. This will allow you to experience the platform firsthand and assess its usability, functionality, and suitability for your business requirements.

  1. Consider Pricing and Value

Compare pricing plans and value propositions offered by each alternative. Consider the upfront costs and the long-term value and return on investment (ROI) that each solution can deliver for your business.

  1. Conduct due diligence 

Before making a final decision, conduct due diligence on the alternative providers, including their financial stability, security measures, regulatory compliance, and reputation in the market.

Based on your research, evaluations, and due diligence, select the alternative that best meets your business needs, aligns with your criteria, and offers the most value for your investment.

Choose Gloroots as Your Velocity Global Alternative

Gloroots is more than just a global Employer of Record. It’s a one-stop solution for managing international workforces in over 140 countries. Here's what sets them apart:

  • Global Reach and Expertise: Gloroots has an extensive international network that enables businesses to employ global talent legally and effectively. With its deep understanding of diverse markets, Gloroots help companies navigate complex regulations for successful global expansion.
  • Flexible and Scalable: Whether a burgeoning startup or an established corporation, Gloroots' EOR services cater to businesses of all sizes and sectors. They provide customized solutions tailored to specific needs, readily adapting to accommodate evolving growth trajectories.
  • Range of Services:  From streamlined onboarding to flawless payroll management, regulatory compliance, and benefits administration, Gloroots offers a comprehensive suite of services. They handle all employment-related obligations, ensuring strict adherence to labor laws and regulations.
  • Reliability: Gloroots prides itself on a foundation built on trust and transparency. Whether it's prompt payroll processing or navigating intricate international employment laws, they provide a solid footing for businesses embarking on global ventures.
  • Automated Payroll: Gloroots simplifies payroll management for global teams through innovative features such as one-click payroll, customizable bonus structures, and intuitive invoice management—all within a single platform.
  • Customer Support: Gloroots places utmost importance on delivering exceptional customer support. Their team of experts offers invaluable guidance and assistance, ensuring a seamless experience tailored to accommodate varying time zone.

Gloroots streamlines the complexities of global workforce management, empowering businesses to focus on core operations. By partnering with Gloroots, businesses unlock the potential to thrive on a global scale! Get started today. Book a demo here.

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