more-arw search

Q&A Forum

Do any SaaS companies use an out-sourced international payroll service and if so, do you recommend it and why?

Susan Figueroa's Profile

Answers

Topic Expert
Keith Perry
Title: Consulting CFO and Business Operations A..
Company: Growth Accelerator
(Consulting CFO and Business Operations Advisor, Growth Accelerator) |

Susan,

I'm not sure if it makes a difference that we are SaaS or not...

Yes, we do outsource our international stuff. Most foreign countries are dramatically easier to do payroll (more advanced banking systems, simplified withholding hierarchies, etc), however it is incredibly cheap to outsource.

My caveat is that I would not go with one of the Majors (ADP et al) or the outsourced HR vendors (Trinet et al). These guys are great domestically but I've found them useless elsewhere. I have found it easy to get a referral into someone to do payroll wherever I need it done.

The exception that proves the rule here is Singapore. That one I just in-sourced. It is so simple that it would literally take me more time to tell an outsourced person to run payroll as it does to do it myself. Singapore is, relatively speaking, business-friendly, which drives their exceptionality.*

Keith

*No, that isn't a word...

1566 views
Topics
Products and Companies

Get Free Membership

By signing up, you will receive emails from Proformative regarding Proformative programs, events, community news and activity. You can withdraw your consent at any time. Contact Us.

Business Exchange

Browse the Business Exchange to find information, resources and peer reviews to help you select the right solution for your business.

Learn more

Contribute to Community

If you’re interested in learning more about contributing to your Proformative community, we have many ways for you to get involved. Please email content@proformative.com to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.