Trinet Competitors and Alternatives (2024)
But, Trinet isn’t your only option. We’ll dive into the top Trinet competitors and alternatives for your business.
We’ll also talk about how the Wise Business account can help you manage your business easily and cost-effectively across borders.
Wise Business
With a Wise Business account you can pay employees all around the world. Send up to 1,000 international payments at once in just a few clicks.
- Batch Payments come with account - no need to pay extra for these key features
- Multi-level permissions and alerts gives you complete control over your account
- Link your accounts with top accounting systems: QuickBooks, Wave, Sage, and Xero
- US businesses get local account details in 9 currencies to receive funds after paying a one-time fee
A great way to do international payroll
Looking to hold funds, as well as send and receive payments?
Papaya Global
Papaya Global is a professional employer organization (PEO). It offers an end-to-end global payroll and onboarding solution. Its AI-driven solution and team of compliance experts simplifies global payroll and onboarding. Different countries and sectors come with different employment rules and regulations. Papaya Global provides standardized data for all locations. This data then integrates with your enterprise resource planning (ERP) software. This can make Papaya Global an option to consider for businesses dealing with international payroll.
Pricing:
Three plans for Payroll: Grow Global - 101-500 employees ($25/mo per employee), Scale Global - 501-1000 employees ($20/mo per employee), Enterprise Global - over 1000 employees ($15/mo per employee). The main separation here is by employee count for the company plan, and also the number of entities involved. All plans include liability coverage and payment disbursement.
Nium
Nium operates a platform that offers a broad range of financial services including payments, card issuance, and banking-as-a-service. These services enable businesses to send, spend, and receive funds across borders with ease and flexibility. The company’s solutions are designed to be accessible and user-friendly, allowing businesses to tailor their financial operations to their specific needs and to navigate the complexities of international transactions efficiently. When looking at Nium's solutions, you will see features tailored to international businesses. These include travel payments, spend management, and payroll. It's not just about how you're spending money, it's also about the money you have coming in. Nium has global accounts to make this happen, so you can receive payments from currencies other than your own.
Pricing:
Contact Sales
BlueSnap
BlueSnap is an all-in-one payment platform that focuses on helping businesses accept payments worldwide, simplifying global ecommerce transactions. Its robust features include a single integration for multiple payment methods, smart payment routing, and built-in fraud prevention. There is also an invoicing and billing tool to help you automate your accounts receivable. Further, you can also get recurring billing and subscription billing.
Pricing:
Pricing includes a business plan, which can be decided with BlueSnap. Individual transactions incur a fee of 2.9% + 30¢
Use Wise Business for International Payroll
With a Wise Business account you can pay employees all around the world. Send up to 1,000 international payments at once in just a few clicks.
Personio
Personio offers HR software, including a payroll solution. Regarding payroll, Personio helps you centralize your data in one central location. You can save time, reduce errors and make your payroll process more efficient using this solution. Payroll journals are also compatible with Netsuite, Xero, Sage and QuickBooks for seamless integration.
Pricing:
Two plans: Core and Core Pro. Both plans require that you contact sales. The real difference is that there are certain limits and extended features between plans, such as limited access to ESignature Workflows and document management for the smaller plan.
ADP
ADP, a well-established and respected name in the world of payroll and HR services, offers ADP Global Payroll as a comprehensive solution for businesses managing teams across multiple countries. With a reputation for reliability and excellence, ADP Global Payroll serves to simplify the payroll process, ensuring timely and accurate payments to employees around the world. ADP Global Payroll boasts advanced analytics and customizable reporting options, allowing small businesses to make data-driven decisions and optimize their payroll processes. They also have valuable features, such as a unified payroll solution, automated compliance with local labor laws, and real-time data access. With its vast experience and expertise in the payroll domain, ADP provides small businesses with a dependable solution that not only makes payroll easier but also ensures compliance with ever-changing international regulations.
Pricing:
ADP's pricing structure is decided based on company size. For companies with less than 50 employees, have access to four plans: Essential (Payroll), Enhanced (Payroll with recruiting features), Complete (Payroll and HR Plus), HR Pro (Payroll and HR).
Workday
Workday is a versatile cloud-based platform with a suite of human capital management (HCM) and financial management solutions. Among its extensive range of services, Workday provides a powerful payroll system designed to cater to the needs of organizations of all sizes, including small businesses. The Workday payroll solution has a high degree of flexibility and customization. You can enjoy anytime audits, built-in reporting and analytics, HR transactions that go right to payroll, and a pay-on-demand feature. Partnering with experts like OneSource Virtual and Alight, businesses can dial their payroll services up or down with fully outsourced payroll solutions or a managed payroll service provider. The payroll platform also seamlessly integrates with other Workday modules, such as human resources and time tracking. This ensures a smooth flow of data between different functions and minimizes the need for manual data entry.
Pricing:
Workday offers a range of products. Adaptive Planning is split into two plans: Adaptive Planning (Connects with ERPs or GLs and included unlimited versions and scenarios), Adaptive Planning & Consolidation (Same as Adaptive Planning but includes consolidaton capabilities).
Paychex
Paychex primarily caters to small and mid-size businesses with a wide-ranging customer base. Paychex offers a payroll and HR solution called Payroll by Paychex. This solution includes employee self-service options to allow employees to access their data and streamline recruitment, hiring, and onboarding processes.
Pricing:
Three plans for PayChex: Essentials ($39/mo) + $5 per employee, Select and Pro (Must Contact Sales)
Rippling
Rippling provides automated payroll processing and tax filing for over 50 countries. It automatically adjusts onboarding workflows by country, simplifying global administration. Integrated compliance data also prevents you from running into legal issues when hiring and managing global talent. Rippling’s integrated time-tracking and benefit administration system helps keep payroll processing errors at bay, and prevents compliance issues. A unique feature of Rippling compared to other international payroll providers is its focus on IT services. With Rippling, you can manage, monitor and disable employee apps. You can also integrate with 500+ partner apps. Rippling can be an excellent choice for businesses looking for a complete workforce platform.
Pricing:
Contact Sales
Paylocity
Paylocity offers HR and payroll software solutions with the aim to simplify payroll, automate processes, and stay tax compliant. You can customize your payroll and automate calculation of prorated and retro pay to save time and effort. Paylocity can be an option to consider for businesses looking for a flexible and customizable payroll solution.
Pricing:
Contact Sales
Try Wise Business for Overseas and Domestic Payments
Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account is designed with international business in mind, and makes it easy to send, hold, and manage business funds in 40+ currencies.
You can also get 9 major currency account details for a one-off fee to receive overseas payments like a local. You can open and manage your account online, or via the app, whenever you need. No need to wait in line or book appointments.
Pay employees abroad on time and using the mid-market rate.
Sources:
- https://www.nium.com/
- https://www.bluesnap.com/
- https://www.personio.com/
- https://www.adp.com/
- https://forms.workday.com/en-us/
- https://www.paychex.com/
- https://www.rippling.com/
- https://www.paylocity.com/our-products/
- https://www.trinet.com/
- https://www.papayaglobal.com/pricing/
- https://www.papayaglobal.com/
This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from Wise Payments Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.