In such a richly competitive market, tech companies have several obstacles to overcome in order to scale their business globally, successfully and compliantly. The Digital Age in which we currently live has ensured a reliance on global connectivity, forging the way for tech companies to thrive. However, in order to scale your business to an international level, your company needs to have the right procedures in place to facilitate that growth.
By hiring a Professional Employer Organisation (PEO), your tech company will become equipped with the necessary support to find the best international talent, manage payroll accurately, deal with complex employment laws and contracts, streamline your onboarding process and so much more. We have experience working with different technology companies, including:
- Software As A Service (SaaS)
- Managed Service Providers (MSP)
- Cloud Solutions Providers (CSP)
- Independent Software Vendors (ISV)
- Value Added Resellers (VARs)
- Monitoring & Hourly IT Services Providers
To find out how a PEO can help your tech company to scale quickly, carry on reading.
Expand The Talent Pool
We wrote recently about the best countries to hire tech talent, and one of the primary benefits of hiring a PEO to aid your international growth is their local expertise within their region. Talent acquisition can be challenging at the best of times, even within your native country, let alone on a global scale. That’s why hiring a PEO is a huge benefit when scaling your tech business, as they will have experience in recruiting the best candidates according to your company requirements. With tech recruitment being such a competitive environment also, PEOs are able to cut through the competition and help you acquire the best talent.
Not only this, but a PEO will have access to local, sought-after benefits such as healthcare, annual leave and so on. Showing that your company cares about the benefits you can offer your new tech hire is an easy way of getting ahead of other companies in the industry. And, don’t forget about the importance of retaining your brand new talent - we’ve got a handy guide on how we can help with that too.
Streamlined HR Process
Once you’ve found the best tech talent out there, it’s important your business is ready to deal with all the administrative processes which come with employment. This includes, but is not limited to, employment contracts, payroll, tax compliance, employee data and much more. Various HR tasks can be a huge burden on tech businesses who are dealing with it internally, and can often be a time-consuming and laborious job - not even considering the consequences when it is handled incorrectly.
A PEO ensures country-specific compliance from start to finish, meaning that you’re in good hands and don’t have to worry about navigating complex compliance laws - we can do that for you. Our streamlined process involves a Human Resources Management Software which comes included in our comprehensive PEO service and stores all the important data about your employees, as well as automated systems to ensure the correct running of payroll and more. Read about the benefits here.
Maximised Time To Market
PEOs are hugely beneficial to tech companies looking to expand quickly and efficiently due to their ability to operate without a legal entity. Where setting up an entity within a new country would be a lengthy and costly process, a PEO acts on your behalf in new markets and helps to get your company name out there much faster whilst still adhering to country-specific laws and regulations surrounding recruitment. Speed is key when entering such a competitive tech market, so you want to make sure you’re prompt in your market entry to maximise your expansion potential.
Great Value PEO Services
Scaling your tech business can no doubt require a significant amount of money and time. Our PEO services at Leap29 are fantastic value, enabling you to invest in a service which has a significant impact on the growth of your company. Rather than outsourcing several different services for payroll, HR and more, you can find everything you need when you partner with a PEO company such as ourselves. We help you to reduce the time and stress spent trying to scale your business globally, all in a compliant and efficient manner.
Contact Us Today
Though we have only noted a few key benefits of our PEO services, there’s plenty more advantages of working with a PEO. For more information on how we can aid your tech business in its international expansion, contact our knowledgeable PEO services team today. We’d love to hear how we can help your company thrive.