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Published
21 October 2021
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2 minutes

Everest Group confirms TMF Group as a ‘Leader’ in its Multi-country Payroll Solutions PEAK Matrix® Assessment 2021

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Today, Everest Group, an independent research firm, has named TMF Group as a ‘Leader’ for payroll outsourcing in its 2021 Multi-country Payroll (MCP) Solutions PEAK Matrix® Assessment. This is the fourth consecutive year that TMF Group has been positioned as one of the top Multi-country payroll providers from a pool of 22 companies that were part of this analysis.

Everest Group’s MCP Solutions PEAK Matrix® Assessment gauges the market impact, vision and capability of MCP service providers. The report is based on analysis of a proprietary database of more than 5000 contracts and year-round tracking of the leading MCP service providers. Key attributes assessed include market adoption, portfolio mix and value delivery, as well as technology and service capabilities, innovation, and investments.

TMF Group’s continued expansion across its buyer portfolio, spanning different buyer-sized segments and geographies, has helped it safeguard its Leader position on the MCPS PEAK Matrix® assessment.

Priyanka Mitra Practice Director, Everest Group

This year’s assessment confirms TMF Group’s leading position in the multi-country payroll market segment, both for its robust payroll delivery capabilities and for the high level of impact created in the market.

Everest Group confers its ‘Leader’ status on those MCP solutions providers who focus on adding new clients, seek to expand their geographical presence and enhance self-coverage, and improve the solutions and services they offer to their clients. They also stand out from other providers due to their constant investment in proprietary technology, partnerships and acquisitions.

TMF Group's focus on improving its technology platform through investment in analytics and automation capabilities has been well received by the MCPO market and has enabled it to grow its presence year on year

Priyanka Mitra Practice Director, Everest Group.

I’m very proud that TMF Group’s position as a ‘Leader’ for payroll outsourcing has again been confirmed by Everest Group in this year’s MCP PEAK Matrix® Assessment. This recognition is really important to us and it reflects our ongoing investment in partnerships and the continuous improvement of our global payroll solutions. It also mirrors our improved client satisfaction and our steady year-on-year growth, despite the difficulties posed by Covid-19 throughout 2020. This achievement was possible thanks to the incredible resilience of TMF Group’s staff, who despite a very challenging year, have continued to provide invaluable support to our global clients. 

Adele Ewing, Global Head of HRP at TMF Group
Media Contacts

TMF Group:
Giampaolo Arghittu, Senior Global External Communications Manager, 
giampaolo.arghittu@tmf-group.com 
T: +39 334 947 95 84