Multiplier is present in 3 markets with 3 products. Multiplier has 3 reviews with an overall average rating of 5.
Benefits Management Software
Benefits management software is a tool that helps HR teams to manage and automate employee benefits programs. This includes designing, implementing, communicating, and administering benefits plans, such as health insurance, retirement plans, and other employee benefits. Benefits management software also helps employers manage their compliance with government regulations, such as the ACA, ERISA, and HIPAA. Additionally, its analytics and reporting feature helps employers analyze their benefits costs and make informed decisions about their benefits programs, while integration with other systems ensures that employee data is up-to-date and consistent across all systems.
Multiplier has 1 product in Benefits Management Software market
Employer of Record (EOR)
Employer of Record (EOR) solution allows companies to hire, onboard, and manage employees in multiple countries without having to establish a local entity. It manages all payroll-related tasks and compliance but leaves the supervision and work assignment to the sponsor organization. It also handles all the legal and admin tasks associated with being an employer, like paying salaries, withholding taxes, managing benefits and processing onboarding. Apart from helping companies avoid the hassle of setting up a local entity, this arrangement helps in reducing legal risks and is also cost effective as the fee paid to EOR may be lower than the costs of fully employing contractors directly. It is widely used by medium and large enterprises looking to expand into new markets. EOR differs from Professional Employer Organization (PEO) in the sense that a PEO acts as a co-employer, while an EOR is the legal employer of an organization’s distributed workforce.
Multiplier has 1 product in Employer of Record (EOR) market
Multicountry Payroll Solutions
Gartner defines the multicountry payroll solution market as a market for product offerings/solutions designed to streamline and unify payroll processing across multiple jurisdictions, addressing the payroll complexities of managing a global workforce. These solutions mitigate compliance risks, reduce administrative overhead and enhance payroll accuracy and timeliness. Delivery models include in-house payroll software, payroll managed services, payroll business process outsourcing and payroll aggregation, each offering varying service levels from internal processing to fully outsourced payroll management.
Multiplier has 1 product in Multicountry Payroll Solutions market