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29 September 2022
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TMF Group is named as a Multi-Country Payroll Capability Leader by NelsonHall for another year

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TMF Group is named, yet again, a Leader in the Multi-Country Capability market segment for payroll services. The recognition comes from NelsonHall, a leading research and analysis firm which specialises in digital operations transformation.

The research was carried out using NelsonHall’s Evaluation & Assessment Tool (NEAT), which sits at the front end of the vendor screening process and consists of a two-axis model: assessing vendors against their ‘ability to deliver immediate benefit’ to buy-side organisations; and their ‘ability to meet client future requirements’. The latter is a pragmatic assessment of the vendor's ability to take clients on an innovation journey over the lifetime of their next contract.

In its analysis NelsonHall positioned TMF Group in the Leader category, meaning that the company exhibited a high capability to deliver immediate benefit alongside high capacity to meet future client requirements.

The findings of this year’s assessment demonstrate that TMF Group is a Leader in the Multi-Country Capability category: this market segment reflects vendors’ ability to meet future client requirements as well as delivering immediate benefits to their payroll services clients with specific capability around multi-country payroll operations.

TMF Group is a Leader in the multi-country payroll services market, helping clients benefit from stronger payroll processes, improved timeliness for compliance and improved accuracy through integration. TMF Group brings a strong middleware layer to support global clients in managing multiple country payrolls with ease. TMF Group has also demonstrated both global and local knowledge and capability to offer a high quality service, enabling clients to be informed and up to date in a proactive way.

Liz Rennie, HR Technology & Services Research Director at Nelson Hall

I’m very proud of this important result for TMF Group. This comes thanks to the constant commitment of more than 1,500 colleagues working globally. Despite the challenging times we are living in, our dedication to servicing our clients is clear and will always be our first priority.

Mark Rosson, Payroll and HR Practice Head at TMF Group


Media Contacts

TMF Group:
Giampaolo Arghittu, Senior Global External Communications Manager 
T: +39 334 947 95 84



About TMF Group

TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. Our 10,000 experts and 125 offices in 86 jurisdictions worldwide serve corporates, financial institutions, asset managers, private clients and family offices, providing the combination of accounting, tax, payroll, fund administration, compliance and entity management services essential to global business success.

We work with 60% of the Fortune Global 500 and FTSE 100, and almost half the top 300 private equity firms, covering sectors as diverse as capital markets, private equity, real estate, pharmaceuticals, energy and technology.

TMF Group – we make a complex world simple.

About NelsonHall

NelsonHall is the leading global analyst firm dedicated to helping organizations understand the ‘art of the possible’ in digital operations transformation. With analysts in the U.S., U.K., Continental Europe, and India, NelsonHall provides buy-side organizations with detailed, critical information on markets and vendors (including NEAT assessments) that helps them make fast and highly informed sourcing decisions. And for vendors, NelsonHall provides deep knowledge of market dynamics and user requirements to help them hone their go-to-market strategies. NelsonHall’s research is based on rigorous, primary research, and is widely respected for the quality, depth and insight of its analysis.