Velocity Global
4.6
77
Velocity Global offers a cloud-based Global Work Platform™ that simplifies the employer and talent experience in over 185 countries and all 50 United States. Their solutions include global Employer of Record, Contractor Management, Multi-Country Payroll, Global Benefits, Global Immigration, Contractor Payments, and more. They have been named a "Leader" in global Employer of Record services by NelsonHall and have hundreds of employees across six continents.
Strengths
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Global reach
Ability to provide HR and payroll services in over 185 countries
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Compliance expertise
In-depth knowledge of local labor laws and regulations in various countries
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Scalability
Ability to support businesses of all sizes, from startups to large enterprises
Weaknesses
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Limited service offerings
Primarily focused on HR and payroll services, with limited additional offerings
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High pricing
Pricing may be higher than competitors due to the specialized global services offered
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Limited customization
May not be able to fully customize services to meet specific business needs
Opportunities
- Opportunity to expand services into new countries and regions
- Opportunity to partner with other SaaS providers to offer bundled services
- Growing trend of businesses expanding globally, increasing demand for global HR and payroll services
Threats
- Competitors may enter the market with similar global HR and payroll services
- Economic instability in certain countries may impact demand for global services
- Changes in local labor laws and regulations may impact the ability to provide services in certain countries
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Velocity Global Plan
Velocity Global offers a subscription-based pricing model with three versions, Basic, Pro, and Enterprise, starting at $199 per month.
Global Employer of Record (EoR)
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Our EoR solution compliantly and easily helps Small & Medium Business, Mid-Market and Enterprise organizations hire, manage, and pay distributed talent across 185+ countries.
Capabilities included:
Compliant hiring and onboarding
Accurate payroll
Effortless offboarding
Local, on-the-ground compliance experts partner with you through the process in 185+ countries
Global EoR Add-ons
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Supplemental Benefits:
We help hiring teams attract and retain top talent while maintaining compliance in the variety of comprehensive benefits programs. These programs offer a range of global and local options that are competitive and cost-effective.
Immigration Benefits:
You can efficiently move workers into international markets compliantly with our supplemental immigration benefits.
Features for Supplemental & Immigration Benefits include:
Medical Insurance
Life and AD&D Plans
Pension Plans
Business and Work Visas
Relocation and Assignments
Consular Support
Vital Document Concierge
Multi Country Payroll
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Organizations looking to easily pay their distributed global workforce from one secure and compliant platform can benefit from:
Automated and consolidated payroll that reduces manual entry and errors.
Local, in-country experts in over 35 countries to ensure a quality payment process.
Easy expense and time management
Agent Of Record (AoR)
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We manage the complexity and liability of hiring contractors on your behalf, mitigating potential risks. While we ensure compliance at every stage of the onboarding process, you can easily manage day-to-day contractor employment. Capabilities included:
Evaluation of contractor qualification
Collection, maintenance and storage of vital contractor documents
Creation and execution of contractor agreements
Compliant onboarding, invoicing, payment and offboarding.
Contractor Payments
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Compliantly pay all of your global contractors from our secure platform.
Capabilities included:
Easy client and contractor management.
Quick and easy invoicing and payments.
Complimentary access to localized, expert-vetted, contract templates.
Secure document storage.
SSO Free Forever
Manage Google Drive, Mailchimp, Dropbox Business, Microsoft PowerPoint, QuickBooks Desktop Enterprise, Canva, Zoho One, DocuSign, Salesforce Sales Cloud Suite, Adobe Photoshop with SSO
