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Wednesday, 12 March 2025 21:28

Deel acquires Safeguard Global payroll division further bolstering global HR, legal, and payroll capabilities

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Worldwide talent sourcing and management platform Deel has announced its acquisition of Safeguard Global's payroll division, joining Deel's advanced technology and infrastructure with Safeguard Global's extensive enterprise globall payroll knowledge and delivery expertise.

Deel has long been a major player in global HR - you can use its platform to source and recruit people across the world, whether as employees or contractors, or as an employer of record. In fact, Deel makes its HRIS free for up to 200 workers which means you can have an enterprise product for nothing. If you're a business under 200 workers this can free you from an expected $20K pa in licensing for alternative products, and will still be there for you as your company grows.

Safeguard Global is a renowned provider of global payroll solutions handling more than 2.4 million payslips every year, across 140 markets. It has an 80% first-time approval rate in each payroll cycle and has a payroll team with hundreds of experts who individually bring decades of experience in global payroll and compliance.

Deel is taking on the entire Safeguard Global payroll team, joining Deel's existing in-house HR, immigration, and legal experts.

“By bringing Safeguard Global’s payroll division, customers and knowledge in-house, we’ll be able to significantly enhance our ability to execute large, complex global payroll projects. This is an area where we’re seeing huge growth and opportunity,” said Deel co-founder and CEO Alex Bouaziz.

The integration also brings Safeguard Global's partnership with Workday, meaning joint customers will have access to both Workday's functionalities alongside Deel's streamlined payroll and HR offerings.

Safeguard Global's payroll customers now benefit from access to Deel's extensive worldwide presence, its comprehensive product suite, and Deel's customer service, which includes 24x7x365 support and a dedicated customer success team.

Deel modules include immigration, contractor management, benefits, performance, equipment management, and AI-driven labour law insights.

Safeguard Global is the 11th completed acquisition by Deel, coming shortly after the company achievedUS$800m run rate in just over five years. Some of the key recent acquisitions in 2024 include Global Payroll (Payspace), Deel Engage (Zavvy), Deel IT (Hofy) and Assemble to enhance its native global payroll service, help companies train and retain top talent, manage the delivery of tens of thousands of devices to people across 125 countries as well as compensation management.

 

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David M Williams

David has been computing since 1984 where he instantly gravitated to the family Commodore 64. He completed a Bachelor of Computer Science degree from 1990 to 1992, commencing full-time employment as a systems analyst at the end of that year. David subsequently worked as a UNIX Systems Manager, Asia-Pacific technical specialist for an international software company, Business Analyst, IT Manager, and other roles. David has been the Chief Information Officer for national public companies since 2007, delivering IT knowledge and business acumen, seeking to transform the industries within which he works. David is also involved in the user group community, the Australian Computer Society technical advisory boards, and education.

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