With remote working on the rise in the last few years, it is only logical that more and more organizations are always on the lookout for efficient HR and payroll platforms that can help them in managing a global workforce.
Deel is one such comprehensive global payroll, HR, and compliance solution that can help all types and sizes of businesses in managing a large workforce. Many platforms are available in this niche, but Deel stands out because of its wide-ranging services to support worldwide operations.
In this article, we will thoroughly discuss the key features and benefits of Deel to see if it can be a good fit for your business.
But first, let’s get familiar with some basics!
What is Deel?
Deel is a global payroll, compliance, and HR solution. It is designed to simplify and streamline the payroll and HR processes, such as hiring and managing employees and paying salaries globally, while ensuring maximum compliance.
While having international employees is not something new, the importance of platforms like Deel has greatly increased due to the increase in trend of hiring remote workers and freelancers. Overall, Deel is a comprehensive solution meant for businesses of all sizes to help in streamlining their payroll processing and HR procedures.
Key Features of Deel
Here are the key features of Deel that set it apart from other such systems:
1. Streamline Global Payroll
Once you properly integrate Deel into your company’s processes, it can easily handle all of the compliance and tax filings. It makes the international payroll smooth and easy with support for over 100 countries.
Moreover, you get access to Deel’s in-house experts to handle payroll regulations in different regions. Other than the international territories, Deels covers the compliance requirements and regulations of all 50 states of the USA.
2. Unified HR System
Human resources (HR) is something that every type and size of business needs for hiring and management of an organization’s human capital. Generally, HR departments often rely on multiple tools and software to handle HR processes, such as getting CVs, shortlisting candidates, interviewing them, etc.
Deel, on the other hand, presents a more modern and unified take on the HR processes. Deel HR software is a complete platform that includes everything from self-service onboarding to producing custom reports. It also includes all the HR-related documents, along with the option of automating HR workflows and compliance management.
3. Learning Management System (LMS)
Deel also has a module called Engage through which you can track and manage your employee performance and create a professional development path. It can be integrated with the Slack HR plugin for quick onboarding and time management. However, it comes with a price tag of $20 per employee per month.
4. Contracts Management
Managing a global workforce comes with handling a lot of legal documents and contracts. Organizations also have to keep up with the changing regulatory requirements and country-specific laws. This is where Deel’s contractor management service comes in.
It supports automatic invoice management and bulk payment for all global workers. Moreover, contractor earnings can be withdrawn in 120 different countries. Whether it is approving payment or managing employees’ time-off, Deel can handle it all.
Benefits of Using Deel
Using Deel for payroll, compliance, and HR management can be highly beneficial for any type of business due to the following reasons:
1. User-Friendliness
Deel has an accessible and unified interface. Even though Deel has multiple components, you can easily integrate them to create a comprehensive management solution for your organization.
Moreover, you don’t even have to use all the components to avoid creating a cluttered interface. For example, Deel Immigration is a feature meant for companies wanting to sponsor employees located overseas, but not every company will need this feature. Overall, you can easily get around Deel and use its different features.
2. Reliable Customer Support
Deel is known for its reliable customer service and support. It provides a comprehensive demo to potential and new users. Moreover, you can easily schedule meetings with the customer support team for detailed discussions. Most importantly, Deel has a WhatsApp support option in a lot of countries to provide quick responses.
3. Streamline Tax Management
Tax management and compliance requirements can eat up a lot of time for both employers and employees. With Deel, you won’t have to worry about such things, as it simplifies the tax management process to a great extent. It stores and manages all of your invoices in one place to help you in filing taxes. Moreover, Deel’s Tax feature is useful to streamline and automate filings.
4. Automate HR Processes
Companies often have to spend a lot of time on global hiring, onboarding, and supporting new hires in integrating into the organization’s culture. Deels makes the entire process quicker and easier by automating common HR processes, like time-off requests, onboarding documents, and performance management. It helps HR teams save a lot of time and energy to focus on other initiatives.
Conclusion
The bottom line is that Deel is a great addition to the ever-expanding world of payroll and HR management solutions. It is helping many types of organizations in 150+ countries to meet the payroll and HR compliance requirements.
So, if you also want to enjoy the features and benefits discussed above, you should consider signing up for Deel today!