Papaya Global vs Deel – Comparing features and costs

Managing a global workforce is no easy feat, and for businesses that employ international workers, the choice of payroll provider is a critical one. Two major players in this field, Papaya Global and Deel, have become popular choices due to their comprehensive payroll services, global reach, and user-friendly platforms. If your business is expanding internationally and you’re exploring the best way to manage international payroll, comparing Papaya Global vs Deel in terms of features and costs is essential.


 

Overview of Papaya Global vs Deel

Papaya Global is a global workforce management platform that provides payroll and compliance solutions for companies with international teams. It focuses on automating international payroll, benefits, and compliance across multiple countries, allowing businesses to manage their global workforce with ease. Papaya operates in over 160 countries and offers support for global payroll, employer of record (EOR) services, and contractor management.

Deel, on the other hand, is a cloud-based platform that simplifies hiring, paying, and managing remote employees or contractors across the globe. Deel also offers payroll services, contractor management, and EOR solutions, similar to Papaya, but places particular emphasis on ensuring that compliance with local labour laws and regulations is met.

Both platforms offer similar services but differ in terms of their approach, pricing models, and additional features.

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FeaturePapaya GlobalDeel
Global reachOperates in 160+ countriesOperates in 100+ countries
Payroll automationComprehensive payroll automation across countriesAutomated payroll with focus on compliance
Employer of record (EOR)Available in 160+ countriesAvailable in 100+ countries
Contractor managementContractor payroll, automated payments in local currenciesFlexible contracts, automated payments, multiple payment options (incl. crypto)
ComplianceIn-depth compliance with local labour laws and tax regulationsStrong focus on compliance with local labour laws for contractors and employees
HR servicesBenefits administration, time management, visa and permit supportHealth and benefits packages, integration with HR tools like Slack, BambooHR
Payment methodsLocal currencies, multiple methodsBank transfers, PayPal, Payoneer, cryptocurrency
Reporting and analyticsAdvanced reporting and analyticsBasic analytics with intuitive interface
Customer support24/7 customer support, local expertise24/7 support, dedicated account managers
Platform usabilityKnown for comprehensive but detailed platformSimple, user-friendly interface
Pricing transparencyCustomised pricing based on specific business needsTransparent pricing: $49 per contractor, $599 per employee (EOR)
Ideal forLarge businesses with complex international payroll needsStartups and SMEs needing easy-to-use, cost-effective solutions for remote workers
Additional HR featuresTime tracking, attendance, employee visa managementLimited, but offers basic health and benefit packages
Integration capabilitiesIntegrates with payroll and HR systemsIntegrates with HR tools (e.g., Slack, BambooHR)
Papaya Global vs Deel comparison

Key features comparison

1. Payroll management and automation

  • Papaya Global offers an advanced payroll automation feature that consolidates payroll data from multiple countries into a single system, providing visibility and control over global payments. It supports a variety of payment methods and ensures tax compliance.
  • Deel focuses heavily on compliance and offers an automated platform for paying contractors and employees, ensuring payroll is handled in line with local regulations. Deel also supports several payment options, including bank transfers and cryptocurrency.

2. Employer of record (EOR) services

  • Papaya Global provides EOR services to help businesses legally employ workers in countries where they do not have a legal entity. This is particularly valuable for businesses expanding into new regions without the need to establish a physical presence.
  • Deel also offers EOR services, allowing businesses to hire full-time employees in over 100 countries without needing to set up a local entity. Deel handles all the legal and HR responsibilities, including contracts, tax filings, and benefits.

3. Contractor management

  • Papaya Global offers contractor payroll services with compliance checks and automated payments in local currencies. It also provides contractors with a self-service portal to manage their personal information and contracts.
  • Deel is well-known for its contractor management services, offering flexible contracts, automated payments, and compliance with local labour laws. Deel allows businesses to pay contractors in their preferred currency and method, including PayPal, Payoneer, and cryptocurrency.

4. Compliance

  • Papaya Global offers in-depth compliance support, ensuring that companies meet all local labour laws and tax regulations. The platform keeps businesses updated on changes in local legislation, which is particularly useful for those operating in multiple countries.
  • Deel also places a strong emphasis on compliance, particularly for remote contractors and employees. Deel’s platform automatically updates contracts to ensure they meet the latest local legal requirements.

5. HR and benefits

  • Papaya Global offers additional HR services such as benefits administration, time and attendance management, and visa and work permit support for international employees.
  • Deel offers health and benefits packages as part of its EOR services, allowing businesses to provide local benefits to full-time employees. Deel integrates with various HR tools, such as Slack and BambooHR, to offer seamless HR management.

Cost comparison

When considering cost, both Papaya Global and Deel offer pricing models that vary depending on the size and scope of the business. Pricing can also differ depending on whether you’re paying employees or contractors, and if you’re using payroll services or EOR solutions.

  • Papaya Global offers customised pricing based on a business’s specific needs. Generally, it charges on a per-employee, per-country basis, with additional costs for compliance and HR services. Due to the complexity of its offering, Papaya Global typically works with businesses to create a tailored pricing package.
  • Deel, by contrast, offers more transparent pricing. As of 2023, it charges $49 per contractor per month for its contractor services, and its EOR service starts at $599 per employee per month. Deel’s upfront pricing can be advantageous for businesses looking for clearer cost structures, particularly smaller companies with fewer employees.

Customer support and user experience

  • Papaya Global is praised for its customer support, offering 24/7 assistance and local expertise in various regions. Its platform is known for its comprehensive reporting capabilities and ease of use, making it ideal for larger businesses that need detailed analytics.
  • Deel is often lauded for its intuitive interface and user-friendly platform. It also offers 24/7 customer support, with dedicated account managers for businesses. Deel’s simplicity makes it attractive to startups and smaller businesses that are rapidly expanding.

Comparing key company statistics

When evaluating payroll platforms like Papaya Global vs Deel, looking at key company statistics can provide valuable insights into their market position, growth trajectory, and overall capacity to support businesses globally.

StatisticPapaya GlobalDeel
Founded20162019
HeadquartersTel Aviv, IsraelSan Francisco, USA
Number of countries supported160+100+
Number of employees700+2,000+
Total funding raised$440 million+$679 million+
ValuationOver $3.7 billion (as of 2022)Over $12 billion (as of 2022)
Total clients800+ companies across the globe15,000+ companies worldwide
Employee and contractor paymentsHandles millions of payments annually across regionsManages $5 billion+ in contractor payments annually
Key marketsEurope, North America, APAC, Latin AmericaNorth America, Europe, Asia, Australia
Company data compared

This comparison highlights how Deel, despite being the newer company, has scaled quickly, with a broader client base and higher valuation. Papaya Global, meanwhile, offers extensive country coverage and strong payroll management capabilities, making it a leader in international workforce management.

Which is best for your business?

Choosing between Papaya Global vs Deel ultimately depends on your business’s size, needs, and international scope.

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  • Papaya Global may be more suitable for larger businesses with complex international payroll requirements, especially those needing advanced automation, compliance support, and additional HR services.
  • Deel is likely a better fit for smaller to medium-sized businesses, or startups that are looking for a user-friendly, cost-effective platform to manage international contractors and remote employees. Its transparent pricing and ease of use make it an attractive option for businesses just beginning their global expansion.

Conclusion – Papaya Global vs Deel

Both Papaya Global and Deel provide robust platforms for managing international payroll and compliance. While Papaya Global excels in offering advanced payroll automation and comprehensive HR features, Deel stands out for its user-friendly interface, transparent pricing, and flexible payment options for contractors.

Ultimately, the right choice for your business depends on your specific workforce needs and budget.

By carefully evaluating the features and costs of Papaya Global vs Deel, you can make an informed decision that supports the successful management of your international employees.

FAQ – Papaya Global vs Deel

Can both platforms handle cross-border payments?

Yes, both Papaya Global and Deel handle cross-border payments seamlessly, allowing businesses to pay employees and contractors in their local currencies. Deel also offers options like PayPal and cryptocurrency, providing more flexibility for contractor payments.

How do both platforms ensure data security?

Both Papaya Global and Deel adhere to strict data security protocols. Papaya Global is ISO 27001 certified, and Deel complies with GDPR and uses encryption to protect sensitive information. Both platforms prioritise securing employee and company data across international borders.

Are Papaya Global and Deel suitable for small businesses?

Deel is particularly suited for small to medium-sized businesses due to its ease of use and transparent pricing. Papaya Global, while capable of supporting smaller businesses, may be more beneficial for larger enterprises with complex payroll needs.

Do both platforms offer mobile access?

Yes, both platforms offer mobile-friendly access. Papaya Global allows users to manage payroll and employee data on the go, while Deel’s platform is optimised for mobile devices, enabling employers and contractors to handle contracts and payments from anywhere.

Do they support benefits for international contractors?

Deel offers basic benefits packages for full-time employees through its EOR services but does not provide benefits to contractors. Papaya Global also focuses on employee benefits but provides contractors with streamlined payment and compliance support rather than benefits.

Which platform is better for managing remote teams?

Deel, with its emphasis on remote work compliance and contractor management, is more tailored for managing remote teams. Papaya Global also supports remote workforce management but excels in more complex payroll and HR needs, making it better for businesses with larger international operations.

Can both platforms integrate with accounting software?

Yes, both platforms offer integration with common accounting software. Papaya Global supports integration with global payroll and HR systems, while Deel integrates with accounting tools like QuickBooks and Xero to ensure seamless financial management for global payments.

How frequently do they update local compliance regulations?

Both platforms frequently update their compliance systems to reflect changes in local regulations. Papaya Global’s compliance team continuously monitors global legislation, while Deel automatically updates contracts and ensures payroll adheres to the latest legal requirements in each country.

Is customer onboarding different between the two platforms?

Deel is known for its straightforward, fast onboarding process, especially for contractors and remote workers. Papaya Global, while also offering efficient onboarding, provides more hands-on support and customisation for businesses with larger, more complex payroll setups.

Do they offer country-specific payroll tax guidance?

Yes, both platforms provide country-specific payroll tax guidance. Papaya Global offers detailed tax compliance services for a wide range of countries, while Deel ensures that payroll taxes are handled in compliance with local laws, particularly for employees hired through their EOR services.

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