Best PEOs for Small Businesses 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

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.

What stood out in my tests

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

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.

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

Regional strength in Asia-Pacific

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.

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

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

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.

Atlas HXM is an Employer of Record provider built around a direct infrastructure model. The platform positions itself as the legal employer through owned entities across the coverage network, rather than operating through partners.

Companies use Atlas to hire and pay international employees, manage locally compliant benefits, and maintain ongoing compliance support through a single system.

Atlas was founded by Rick Hammell in 2015 as Elements Global Services and rebranded to Atlas HXM in 2022.

How Atlas works

The direct entity model typically matters most in complex scenarios, such as terminations, policy changes, audits, and edge-case benefits requirements.

With fewer third parties involved, escalation paths are more direct.

Who uses Atlas