For the second consecutive year, Mercans has been named a Leader in the ISG Provider Lens™ 2024 report for Global Managed Payroll Services (Multi-Country) by ISG, an independent research firm. The recognition highlights Mercans’ commitment to innovation in payroll technology and its significant impact on the industry.
In this year’s assessment, which evaluated 26 payroll solutions and service providers, Mercans stood out for its G2N Nova platform. This cutting-edge platform employs advanced artificial intelligence (AI) and machine learning (ML) to deliver secure and anonymous payroll services to companies worldwide. The platform’s automation capabilities eliminate the need for human intervention, ensuring that payroll operations are secure and free from errors.
ISG analysts praised Mercans for leading the digital transformation of global payroll, noting the revolutionary capabilities of the G2N Nova platform. Described as the only stateless global payroll application, G2N Nova can perform gross-to-net calculations for over 100 countries in seconds, all without storing any employee data. This groundbreaking innovation allows multinationals to fully digitise their payroll operations, resulting in faster and more secure processing.
The platform’s autonomous, touchless payroll experience has transformed traditional payroll models, reducing processing times and costs significantly. By eliminating the need for in-country subcontractors and third-party software, G2N Nova empowers companies to consolidate their global payroll operations within a single system, streamlining the entire process.
Mercans’ G2N Nova platform leverages AI and ML to automate payroll processes, enhancing accuracy and minimising human error. Payroll calculations are conducted without accessing personally identifiable information (PII), ensuring compliance with global privacy regulations. Additionally, the platform’s audit system flags suspicious transactions, providing an added layer of security for users.
The G2N Nova platform also offers advanced analytics and global reporting, consolidating payroll data across more than 100 countries. This unified payroll experience is supported by Mercans’ proprietary technology and local experts, allowing companies to manage their payroll needs without relying on third-party providers or subcontractors.
Mercans provides a flexible range of payroll service models, including Software as a Service (SaaS), Managed Services, and Business Process Outsourcing (BPO). This flexibility enables businesses to tailor their payroll solutions to their specific needs while transitioning seamlessly between models. The horizontal architecture of G2N Nova powers SaaS and managed payroll services for thousands of companies globally, further enhancing payroll processing and reporting capabilities on a single platform.
Rachel Anderson, Lead Analyst at ISG, commended Mercans for its rapid growth and innovation. “Mercans is scaling rapidly with its native gross-to-net solution,” she stated. “The payroll is processed in its own payroll engine in 160 countries, without any in-country partners.”
This recognition from ISG underscores Mercans’ commitment to revolutionising payroll services and its pivotal role in shaping the future of payroll technology. To learn more about this innovative platform, visit www.mercans.com