Acquisition Combines Deel’s Technology and Infrastructure with Safeguard’s Global Payroll Expertise
Deel, a leading global HR and payroll solutions provider, today announced the acquisition of Safeguard Global’s payroll division, a strategic move that significantly enhances Deel’s enterprise payroll capabilities. By integrating Safeguard Global’s extensive payroll knowledge and delivery expertise, Deel is set to provide an unparalleled global payroll solution for HR leaders navigating the complexities of international workforce management.
Safeguard Global is a trusted provider of global payroll solutions, operating in 140+ markets and processing over 2.4 million payslips annually. With an impressive 80+% first-time approval rate per payroll cycle, the company has served major global enterprises including FICO, Hypertherm, and Jacobs.
Through this acquisition, Safeguard Global’s payroll team—comprising hundreds of seasoned payroll and compliance experts—will join Deel’s in-house specialists. This integration enhances Deel’s capabilities in handling complex payroll projects involving data migrations, ERP integrations, and intricate regulatory compliance, ensuring seamless payroll execution for multinational organizations.
A Game-Changer for Enterprise Payroll
For HR Directors overseeing global workforces, this acquisition marks a new era in payroll management. By combining Safeguard Global’s deep payroll expertise with Deel’s cutting-edge technology and infrastructure, HR leaders can expect:
- Enhanced Payroll Efficiency: Deel’s owned infrastructure and native engines will optimize payroll cycles, reducing processing times while increasing accuracy and compliance.
- Integrated HR & Payroll Services: Customers will benefit from Deel’s full suite of HR services, including immigration support, contractor management, benefits administration, performance and equipment management, and AI-driven labor law insights.
- Strengthened Workday Partnership: As an innovation and service partner of Workday, the acquisition further strengthens Deel’s existing relationship with Workday, offering joint customers seamless integration between Deel’s payroll technology and Workday’s enterprise functionalities.
- Superior Customer Support: Deel’s industry-leading 24/7 customer service and dedicated success team ensure HR leaders receive unparalleled support in managing their global payroll operations.
What This Means for Safeguard Global Payroll Customers
HR leaders currently relying on Safeguard Global’s payroll services will transition to Deel’s platform, gaining access to a more comprehensive and streamlined payroll experience. With Deel’s direct global presence and enhanced technology, these customers will enjoy greater control, flexibility, and faster payroll cycles.
Under the agreement, Deel will continue supporting Safeguard Global’s existing and future international payroll clients, ensuring a smooth transition while maintaining continuity of service.
The Future of Global Payroll & HR
As global hiring evolves at an unprecedented pace, HR leaders face increasing challenges in payroll management, compliance, and workforce administration. This acquisition positions Deel at the forefront of innovation, providing organizations with the expertise and technology needed to navigate the complexities of a rapidly changing labor market.
“Bringing Safeguard Global’s payroll team into Deel allows us to offer the most comprehensive global payroll solution on the market,” said a Deel spokesman. “We are committed to helping HR leaders execute large-scale payroll operations seamlessly, with unmatched efficiency and compliance.”
With Deel’s expanded expertise and technology-driven approach, no other provider will be able to deliver a more robust, end-to-end global payroll solution for enterprise businesses.
For more information, visit Deel’s website.
