Velocity Global was named a “Leader” of International PEO (Professional Employer Organization) providers by prominent analyst firm NelsonHall. In the report released, NelsonHall details Velocity Global’s delivery of immediate benefits to its clients, as well as its ability to meet future client requirements.
Velocity Global named a “Leader” of International PEO providers by NelsonHall (@NHInsight)
NelsonHall’s Principal Analyst for HR Technology & Services, Pete Tiliakos, said: “Through its deep global expansion expertise which spans 185 countries, including a unique cross-border M&A support offering and a maturing technology platform, Velocity Global has established itself as a leader in global employer of record services. This was further validated through high client satisfaction ratings for both its ability to deliver immediate benefits as well as its perceived ability to meet client future needs.”
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Velocity Global enables companies to seize business opportunities outside of their domestic geographic footprint. As an International PEO provider, Velocity Global serves as an Employer of Record for clients to utilize its compliant global infrastructure for an international workforce without the need to set up a foreign legal entity.
The report highlights the following strengths for Velocity Global:
- Turnkey Solution: The company delivers a “turnkey” compliant global expansion solution including a rapidly deployable, tech-enabled, HR and payroll delivery model in support of 185 countries with 70 percent of client workers managed through its legal entities.
- Cross-border M&A: Velocity Global offers support for clients with mergers, acquisitions, and divestitures to help facilitate cross-border and carve-out transactions in conjunction with its International PEO services model. This enables clients to achieve more timely deal execution and close.
- Technology: The company offers a modern technology platform for centralizing its International PEO services data and harmonizing the UX across clients and workers, supported by steady investments in roadmap initiatives to further enhance its capabilities.
- Deep Expertise: Founded in 2014, Velocity Global was an early International PEO provider, underpinned by deep expertise in global expansion and compliance, supported through a growing footprint of global legal entities.
Velocity Global founder and CEO, Ben Wright said: “We’re honored NelsonHall’s comprehensive analysis affirms what we do every day, helping companies find the right markets and hire top talent around the world. Our team empowers our clients to focus on their people and their business by simplifying compliance and adding flexibility. Our growth is fueled by the growth of our clients and the talent of our team.”