Best PEO Services for Health Insurance in 2026

Deel is an Employer of Record (EOR) and a global payroll platform. Companies use it to hire, pay, and manage international contractors and full-time employees without setting up local entities.

Alex Bouaziz, Shuo Wang, and Ofer Simon founded the company in 2019. Deel is headquartered in San Francisco and has raised more than $980 million in seven funding rounds.

The platform is now valued at $17.3 billion.

How Deel works

Deel supports hiring and payroll across more than 150 countries.

Companies typically use the platform for the following services:

• Employer of Record (EOR): Deel becomes the legal employer in the target country while the client manages the day-to-day work
• Contractor management: Allow clients to hire, manage, and pay independent contractors in multiple countries through a single platform.
• Contractor of Record (COR): Deel takes on the liability, manages all HR/admin, and handles the risk for you.
• Global payroll: Clients submit payroll data and approve it in one dashboard, and Deel handles taxes, deductions, and currency conversions automatically.

Note: The main difference between contractor management and Contractor of Record services is who bears the legal risk and responsibility: you (with a standard Deel contractor service) or Deel (with COR).

What stood out in my tests

In my tests of the platform, the onboarding stood out for its simplicity and speed.

In most cases, contracts are generated automatically based on the country, reviewed right on the platform, and approved in a few steps.

What it means for clients: Deel clients can hire in established markets within days. They’re also likely to find better contract standardization, clear compliance guidance, and faster onboarding compared to smaller regional providers.

Multiplier is an Employer of Record (EOR) and a global employment platform. Companies use it to hire and manage international team members without establishing local entities.

Sagar Khatri, Amritpal Singh, and Vamsi Krishna founded the company in 2020. It’s headquartered in New York, United States, and has secured over $77 million in funding since launch.

How Multiplier works

Multiplier manages employment operations across 150+ countries.

The core services they offer are:

• Compliance management: Multiplier manages local employment laws and requirements.
• Payroll processing: International payments run through the system.
• Benefits administration: Companies can provide employee benefits without setting up local programs.
• Contractor management: Businesses can manage both full employees and contractors in one place.

As I tested the Multiplier platform, I found its fast onboarding particularly impressive.

Most companies can start hiring internationally within days instead of waiting months for entity setup.

Regional strength in Asia-Pacific

Multiplier is a great fit for small to medium-sized businesses and startups entering global markets.

The platform shows particular strength in the Asia-Pacific region.

Benefit for clients: Companies hiring in Singapore, Australia, or Japan get better localized support than they’d find with most global providers.

Helpful reads: Best Employer of Record (EOR) for startups

Rippling is an all-in-one workforce management platform that connects HR, IT, and finance functions through a unified employee database. Companies use it to manage payroll, benefits, devices, and software from one system.

Parker Conrad (former Zenefits CEO) and Prasanna Sankar founded the company in 2016. Rippling now supports businesses operating in more than 50 countries.

How Rippling works

The platform automates workflows across business systems that normally operate separately.

When I tested Rippling, the onboarding caught my attention because it was so efficient. For example, adding someone to payroll triggered their laptop order, email setup, and software provisioning right away.

There are no (or fewer) manual steps since one employee database feeds all systems at once.

What it means for clients: It means automating tasks that normally require switching between multiple tools.

Who uses Rippling

Rippling works best for medium-sized technology and growing businesses with members across the world.

These companies need advanced systems but lack enterprise-level IT departments. The Rippling platform provides just that: enterprise-grade tools without massive IT investments.

What it means for clients: Companies automate work that normally requires multiple tools and manual coordination.

Oyster HR is an Employer of Record (EOR) and a global employment platform that allows companies to hire and manage international workers in more than 180 countries without setting up local legal entities. Founded in 2020, the company focuses on supporting distributed teams.

Oyster’s services include international employment contracts, payroll processing, benefits administration, and ongoing local compliance in each country where it operates.

Focus on employee experience

Oyster places more emphasis on the employee experience than traditional EOR providers.

Alongside core employment services, the platform includes Oyster Academy for professional development, as well as tools designed to support onboarding and cross-cultural collaboration.

What it means for clients: Oyster acts as more than a compliance partner. The platform is designed to help companies build and maintain engaged global teams, not just employ them on paper.

Typical customers

Oyster primarily serves mid-market and enterprise companies with 50 or more employees, but I’ve also seen a few startups in their customer base.

The limiting factor here is the higher rate for Employer of Record (EOR) services.

The platform attracts companies that value consistency, employee satisfaction, and long-term retention, even when that means paying more than low-cost EOR alternatives.

Papaya Global is a global workforce platform that helps companies manage payroll, payments, and employment across multiple countries.

Founded in 2016 by Eynat Guez, Ruben Drong, and Ofer Herman, Papaya Global later raised roughly $440 million, including a $250 million Series D in 2021.

On the product side, Papaya covers:

• Global payroll: Runs payroll and workforce payments in more than 160 countries
• Employer of Record: Allows companies to hire employees in countries where they don’t have a legal entity
• Contractor management: Supports compliant onboarding and payments for international contractors
• Compliance support: Handles local tax rules, labor laws, and reporting requirements
• Benefits administration: Offers benefits for employees (including health coverage) that are aligned with each country
• Integrations: Connects with tools like Workday, NetSuite, and other HRIS and ERP systems

Note: HRIS (Human Resources Information System) manages employee data, payroll, benefits, and HR functions. ERP (Enterprise Resource Planning) integrates core business processes, including finance, accounting, supply chain, and human resources, into one platform.

ADP (Automatic Data Processing) is a comprehensive human capital management (HCM) company that provides payroll, HR, benefits, and workforce management solutions to businesses worldwide. Founded in 1949 and headquartered in Roseland, New Jersey, ADP has grown to become the largest payroll processing company in the United States, serving over 810,000 clients across more than 140 countries.

When a company uses ADP, they gain access to a full suite of HR and payroll services delivered through cloud-based platforms. ADP handles everything from basic payroll calculations and tax filings to complex HR management, benefits administration, and workforce analytics, while businesses maintain control over their day-to-day employee management.

The platform serves multiple business needs:

• Payroll processing with automated tax calculations and compliance
• HR management including onboarding, performance tracking, and employee records
• Benefits administration with insurance plan management and enrollment
• Time and attendance tracking with mobile clock-in capabilities
• Compliance management with automatic regulatory updates

What makes ADP distinctive is their service-first approach, providing dedicated account representatives and industry specialists to guide businesses through complex HR challenges. Their solutions are highly customizable, allowing organizations to select specific modules and features that match their operational requirements and budget constraints.

ADP operates through several key platforms including RUN (for small businesses), Workforce Now (for mid-market), and Vantage HCM (for enterprise), enabling companies to start with basic payroll and expand into comprehensive HR management as they grow. This scalability has made ADP a long-term partner for many organizations throughout their business lifecycle.