Deel vs Velocity Global
Last Updated:Our analysts compared Deel vs Velocity Global based on data from our 400+ point analysis of EOR Software, user reviews and our own crowdsourced data from our free software selection platform.
Product Basics
Deel is a comprehensive software solution designed to streamline HR management tasks, particularly for companies with a global workforce. It excels in managing payroll, compliance, and employee benefits, making it ideal for businesses that operate across multiple countries. This platform is particularly suited for organizations looking to simplify the complexities of international hiring and payroll management, thanks to its robust compliance features and user-friendly interface.
Key benefits of using Deel include automated payroll processing, compliance with local labor laws, and seamless onboarding processes. Popular features encompass contract generation, expense management, and detailed reporting capabilities. Users appreciate the intuitive design and the ability to manage a diverse workforce from a single platform, which significantly reduces administrative overhead.
Compared to similar products, Deel is often praised for its ease of use and comprehensive support for international operations. Pricing details are typically customized based on the specific needs of the business, so it's recommended to contact SelectHub for a tailored quote. Payment structures can vary, often depending on the number of employees and the range of services required.
Velocity Global offers a comprehensive software solution that simplifies global workforce management, particularly through its Employee of Record (EOR) services. This platform is ideal for businesses looking to expand internationally without the complexities of establishing foreign legal entities. By handling payroll, benefits, compliance, and tax regulations, Velocity Global allows companies to focus on their core operations while ensuring adherence to local laws.
Organizations of various sizes, especially those in rapid growth phases or with a dispersed workforce, find Velocity Global particularly beneficial. The platform's ability to streamline onboarding, manage employee benefits, and ensure compliance across multiple jurisdictions makes it a valuable asset for HR departments.
Key advantages include reduced administrative burden, enhanced compliance, and the ability to quickly scale operations globally. Popular features encompass automated payroll processing, benefits administration, and real-time compliance monitoring. Users often praise the platform for its user-friendly interface and robust support services.
Pricing details for Velocity Global are typically customized based on the specific needs of the business, such as the number of employees and the countries of operation. For precise pricing information, it is recommended to contact SelectHub for a tailored quote.
Product Assistance
Product Insights
- Enhance Versatility: Deel’s infrastructure operates on a global scale, available in over 100 countries and offering 15 payment options, providing flexibility for employees worldwide.
- Save Time: Automation tools reduce the need for manually entering information, saving time and enhancing accuracy simultaneously. Easily complete documents and forms via an auto-population feature.
- Simplify Access: The user-friendly platform enables customizable dashboards to centralize resources securely and understandably display information for employees and managers.
- Save Money: The unified platform consolidates payroll processes and information, eliminating duplicate fees and hidden expenses. Enable effective payroll management and expense forecasting, and save money with automation options.
- Streamline Making Contracts: Send, sign and modify contracts directly from a dashboard. Get help creating contracts with guidance on relevant labor laws and international requirements.
- Global Compliance: Ensures adherence to local labor laws and regulations, reducing legal risks and penalties.
- Streamlined Onboarding: Simplifies the hiring process with automated workflows, allowing new hires to start quickly and efficiently.
- Cost Efficiency: Reduces overhead by eliminating the need for establishing local entities, saving on administrative and operational costs.
- Scalability: Facilitates rapid expansion into new markets without the complexities of setting up local offices.
- Employee Support: Provides comprehensive support services, including payroll, benefits, and HR assistance, ensuring employee satisfaction and retention.
- Time Savings: Automates routine administrative tasks, freeing up time for strategic initiatives and core business activities.
- Risk Mitigation: Minimizes exposure to international employment risks through expert management of compliance and legal requirements.
- Enhanced Flexibility: Offers the ability to hire talent from anywhere in the world, adapting to changing business needs and market conditions.
- Data Security: Ensures the protection of sensitive employee information with robust security measures and compliance with data privacy regulations.
- Improved Employee Experience: Delivers a seamless and professional experience for employees, from onboarding to ongoing support, fostering a positive work environment.
- Payroll and Invoicing: Simplify paying full-time employees and contract or freelance workers with automated invoicing and payments.
- Leave Management: Organize and manage vacations, sick days and general PTO requests. View annual leave time and usage on employees’ accounts, helping prevent burnout. Easy access to time off helps plan around absences.
- Benefits Administration: The benefit tool helps streamline benefits enrollment by providing information on competitive benefit plans and mandatory and optional benefits in 50 countries.
- Compliance Management: Stay legally and regulatorily compliant even if hiring internationally. Deel provides in-house payroll experts for navigating compliance, onboarding and offboarding support, generating contracts, and conducting background checks.
- Integrations: Coordinate HR duties with helpful integrations like Xero for accounting and Jibble for time tracking.
- Global Payroll Management: Streamlines payroll processes across multiple countries, ensuring compliance with local regulations.
- Compliance Assurance: Provides expertise in local labor laws and tax regulations to mitigate compliance risks.
- Onboarding and Offboarding: Facilitates smooth transitions for employees entering or exiting the company, with tailored processes for each country.
- Benefits Administration: Manages employee benefits packages, including health insurance and retirement plans, tailored to local standards.
- HR Support: Offers dedicated HR support to handle employee queries and issues, ensuring a seamless experience.
- Time and Attendance Tracking: Integrates time-tracking tools to monitor employee hours and attendance accurately.
- Expense Management: Simplifies the process of tracking and reimbursing employee expenses, with detailed reporting capabilities.
- Data Security: Implements robust security measures to protect sensitive employee and company data.
- Custom Reporting: Provides customizable reports to give insights into workforce metrics and financial data.
- Integration Capabilities: Seamlessly integrates with existing HR and payroll systems for a unified workflow.
- Employee Self-Service Portal: Empowers employees to access their payroll, benefits, and personal information through a secure online portal.
- Multi-Currency Support: Handles payroll and expenses in various currencies, accommodating global financial operations.
- Legal Entity Setup: Assists in establishing legal entities in new markets, reducing the complexity of international expansion.
- 24/7 Customer Support: Provides round-the-clock assistance to address any issues or concerns promptly.
- Scalability: Adapts to the growing needs of businesses, whether expanding into new regions or increasing workforce size.
Product Ranking
#4
among all
EOR Software
#6
among all
EOR Software
User Sentiment Summary
27 reviews
Deel has a 'good' User Satisfaction Rating of 76% when considering 27 user reviews from 2 recognized software review sites.
Synopsis of User Ratings and Reviews
Is Deel really a big deal in the world of global HR solutions? User reviews from the past year suggest that it might just be. Deel receives high praise for its user-friendly interface, which even those with limited HR experience find easy to navigate. This ease of use is a key differentiator, as it allows businesses to manage complex tasks like international payroll and compliance without getting bogged down in complicated processes. Users also rave about Deel's comprehensive features, particularly its robust Employer of Record (EOR) services that simplify managing a global workforce. For instance, one user highlighted the convenience of Deel's debit card and payment scheduling features, demonstrating the platform's practicality in handling international payments.However, no software is without its drawbacks. Some users have reported occasional bugs and glitches that disrupt their workflow. Others have expressed a desire for more withdrawal and deposit options. While Deel's customer support is generally well-regarded for its responsiveness and 24/7 availability, a few users have mentioned encountering a slight learning curve when navigating some of the platform's more advanced functionalities. Despite these minor drawbacks, Deel is overwhelmingly viewed as a reliable and efficient solution for global HR management, particularly for businesses with international teams. Its intuitive design, comprehensive features, and strong customer support make it a valuable tool for streamlining HR processes and ensuring compliance in the complex world of global employment.
How can Velocity Global help your company achieve global domination, you ask? User reviews from the past year reveal a resounding thumbs-up for Velocity Global's Employer of Record (EOR) services. Across platforms like Comparably and G2, clients and employees alike praise the company's user-friendly online platform, which simplifies complex processes like global payroll and benefits management. This is a significant advantage, as it allows companies to focus on their core business rather than getting bogged down in administrative tasks. Users also highlight the exceptional customer support, describing interactions as efficient and helpful. However, a recurring criticism centers around the lack of transparent pricing, requiring potential clients to reach out to sales representatives for personalized quotes. This lack of upfront pricing information can be a hurdle for some businesses, especially smaller ones that may not have the time or resources to engage in lengthy sales conversations. Despite this drawback, Velocity Global's ability to streamline global hiring, ensure compliance with international labor laws, and provide top-notch support makes it a compelling choice for businesses of all sizes looking to expand their workforce internationally.
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