Empowering SMEs: How Multiplier Simplifies Global Hiring & Payroll

Singaporean SMEs are increasingly looking to tap into international talent and expand globally. Recognizing the complex challenges of cross-border hiring, payroll, and compliance, SMEsure is proud to partner with Multiplier, a leading Employer of Record (EOR) and global payroll specialist.

Multiplier uniquely empowers SMEs to confidently hire and pay global talent without establishing foreign entities. This allows businesses to scale effortlessly, while SMEsure ensures your broader business protection. In this insightful article, Multiplier shares how they remove traditional barriers to global growth.

Why Go Global? The SME Case for Multiplier

● Unlimited access to talent: SMEs can recruit the right candidate anywhere, not just locally.

● Speed to hire: With local legal entities in 150+ countries, firms onboard within 48 hours.

● Compliance confidence: From employment contracts to tax filings, Multiplier’s compliance engine safeguards against penalties and audit risks.

What Makes Multiplier Ideal for SMEs

1. Employer of Record (EOR) & Contractor Support Multiplier lets SMEs hire employees or contractors in 150+ countries without needing local legal entities, enabling faster deployments, reduced complexity, and major cost savings.

2. Unified Global Payroll- Payments in 100+ currencies from a single dashboard- Automated tax deductions, calculations, and filings managed by local compliance experts- Consolidated reporting provides complete visibility across countries.

3. Local Expertise & Support In-house legal, tax, and HR experts offer 24/7 human support in local languages, ensuring SMEs never navigate compliance alone.

4. Employee-Centric Experience- Timely, accurate payroll fosters employee satisfaction.- Self-serve portals for payslips, expense claims, and leave requests boost engagement and transparency.

5. Operational Efficiency & Cost Savings- SMEs significantly reduce operational costs compared to establishing local entities.- Streamlined workflows through integrations with existing HR and accounting software.

Real-World Wins: SME Success Stories

● FarEye: Expanded into 5 countries, saving 40% annually on payroll running costs.

● Akra: Saved 1,180+ hours in HR and payroll operations.

● SOCRadar: Seamlessly hired 30+ international employees, enabling rapid global scaling.

These examples illustrate how SMEs effectively scale globally - without scaling administrative teams.

A Guided 3-Step Journey for SMEs

Step 1: Define Global Hiring Goals Outline roles, locations, and hiring models. Multiplier’s experts guide SMEs toward compliance and cost efficiency.

Step 2: Effortless Onboarding Generate compliant contracts within minutes. - Employees onboarded within 48 hours.

Step 3: Run Payroll and Monitor - Review, approve, and process payroll effortlessly in 100+ currencies. - Automated compliance handling with detailed analytics for informed decisions.

Why SMEs Prefer Multiplier

Ready to Grow Borderlessly?

Multiplier helps SMEs embrace the future- hiring globally, scaling effortlessly, and managing payroll seamlessly.- coverage in 150+ countries, no local entity required.- Dedicated HR/legal in-house experts.- Simplified multi-currency payroll management.

SMEs need not be limited by borders. Multiplier transforms global hiring from a challenge into a strategic advantage, equipping small businesses to thrive internationally without legal or administrative hurdles.

Multiplier helps SMEs embrace the future by hiring globally, scaling effortlessly, and managing payroll seamlessly, with coverage in over 150 countries. They transform global hiring from a challenge into a strategic advantage, equipping small businesses to thrive internationally without legal or administrative hurdles.

If you're looking to simplify your global hiring and payroll, contact Multiplier directly at enquiries@usemultiplier.com.

Just as Multiplier provides the expertise to navigate the complexities of global workforce management, SMEsure is dedicated to handling the intricacies of your business insurance and risk management needs. Our shared mission is to free you from administrative and compliance burdens so you can focus entirely on growing your business, whether locally or internationally.

For more partnership opportunities with SMEsure, please email us at hello@efgh.xyz.