Remote (platform)

Remote is a global payroll and compliance platform that enables companies to hire, pay, and manage employees and contractors internationally. It aims to simplify the complexities of global employment by providing a unified platform that handles tasks such as payroll processing, tax compliance, benefits administration, and HR functions across various countries.

Core Functionality:

• Global Payroll: Remote facilitates the processing of payroll in multiple currencies, ensuring compliance with local labor laws and tax regulations. This includes calculating salaries, withholding taxes, and making payments to employees and contractors in their local bank accounts.

• Compliance: The platform helps businesses navigate the legal and regulatory landscape of international employment. It provides guidance on labor laws, employment contracts, and other compliance-related matters.

• Benefits Administration: Remote allows companies to offer benefits packages to their international employees, including health insurance, retirement plans, and other perks, tailored to the specific needs of each country.

• Contractor Management: The platform streamlines the process of hiring and managing contractors around the world, ensuring compliance with local regulations regarding contractor classification and payments.

• Employer of Record (EOR) Services: Remote offers Employer of Record services, which allows companies to hire employees in countries where they don't have a legal entity. In this model, Remote acts as the legal employer, handling all HR, payroll, and compliance responsibilities.

Key Features:

• Unified Platform: A single interface for managing all aspects of global employment, from hiring to payroll to compliance.
• Automated Processes: Automation of payroll, tax filings, and other administrative tasks to reduce manual effort and errors.
• Real-Time Reporting: Access to real-time data and reports on global workforce costs and compliance status.
• Legal and HR Support: Access to legal and HR experts to provide guidance on international employment matters.

Target Audience:

Remote's target audience includes businesses of all sizes that are expanding their operations internationally or hiring remote employees and contractors in other countries. This includes startups, small and medium-sized enterprises (SMEs), and large corporations.

Competitive Landscape:

Remote competes with other global payroll and compliance platforms such as Deel, Papaya Global, and Globalization Partners.