Get Started With Deel: A Comprehensive Review for Solopreneurs and Early-Stage Startups
Managing an International team can be a daunting task, especially for solopreneurs and early-stage startup founders. However, efficient global payroll and compliance solutions, like Deel, can simplify the process. In this post, we’ll provide an unbiased review of Deel, covering its features, suitability for different businesses, and how it stacks up against the competition. It is designed to simplify the process of hiring, onboarding, and paying remote workers while ensuring compliance with legal and regulatory requirements.
With Deel, businesses can create and manage contracts, handle payroll, and pay their remote workers across different countries and currencies. The platform is tailored to the needs of businesses operating in a remote work environment and provides customizable solutions for managing remote teams.
What is Deel?
Deel is a comprehensive payroll and compliance platform specifically designed for global workforces. It simplifies the hiring process, allowing you to onboard employees and contractors from over 150 countries and run payroll with a single click in 120 currencies. Deel helps you stay compliant, regardless of where your team members are located or the country’s local employment laws. With Deel, you’ll have access to localized partners and powerful software, giving you the flexibility to hire, manage, and pay your team without the hassle.
Who is Deel for?
Deel is an ideal solution for solopreneurs and startup founders looking to create a diverse and global team of employees and contractors. This platform is an excellent fit for businesses that want to minimize the challenges of managing payroll, benefits, taxes, and compliance in multiple countries.
Deel is the all-in-one HR platform for global teams. It helps companies simplify every aspect of managing an international workforce, from culture and onboarding to local payroll and compliance. It makes sure that the work for companies and solopreneurs is well-planned and makes it easier for them to keep records in order.
Deel is primarily designed for businesses that employ remote workers or have distributed teams. It is suitable for businesses of all sizes and industries, from startups to multinational corporations, who need to manage their remote teams’ compliance, payroll, and contract management.
Deel is a global payroll and compliance platform that helps businesses hire and pay remote workers from anywhere in the world. The platform offers a variety of services, including onboarding, contract creation, international payments, tax compliance, and more. While Deel has gained popularity among businesses looking to expand their remote workforce, like any platform, it has its pros and cons. In this article, we will explore the advantages and disadvantages of using Deel, so you can make an informed decision on whether it’s the right fit for your business needs.
Pros of Deel
- Onboarding Made Easy: Deel enables you to hire and onboard talent quickly, regardless of location, with their 5-minute hiring process.
- Payroll Simplification: Pay your global team in one click across 120 currencies with Deel’s streamlined global payroll.
- Localized Compliance: Stay compliant in 150+ countries with localized contracts, ensuring adherence to diffecountriesries’ regulations.
- Expert Support: Access Deel’s responsive and knowledgeable customer support team, available to help you and your employees with any queries.
- Integrations: Easily integrate Deel with popular accounting and HR tools, simplifying data management and workflow.
Cons of Deel
- Limited Functionality: Deel focuses mainly on payroll and compliance, lacking some advanced HR features that other platforms may offer.
- Pricing: Some startup founders may find Deel’s pricing to be on the higher side compared to other solutions.
- Limited Reporting: Deel’s reporting capabilities are somewhat limited, which may not suit businesses requiring advanced analytics.
- Limited payroll options: Deel’s payroll options may be limited compared to other payroll providers, which could be an issue for businesses with unique or complex payroll needs.
Special Offers for Solopreneurs, Startups, and Individuals
Explore Deel’s tailored offerings for startups and individuals, designed to help businesses save money and thrive in a competitive market.
- Deel for Startups: Customized solution for startups
- Exclusive 20% off + Free HRIS deal: Save up to $25,000 for your startup with the offer at Secret.
- Inquiring about offers: Contact Deel directly to ask about ongoing offers or discounts, which may vary based on location and type of business
Deel Alternatives
While Deel is a popular platform for managing remote teams, there are several alternative apps available that offer similar features and benefits. These alternative apps provide solutions for managing remote teams’ compliance, payroll, and contract management, with some offering unique features and benefits that may suit certain businesses better than Deel. By exploring these alternative apps, businesses can find the best fit for their remote work management needs, whether they require more affordable pricing, broader integrations, or more advanced features.
1. Gusto
Gusto is a company that provides cloud-based payroll, benefits, and human resource management software for businesses based in the United States. Gusto handles payments to employees and contractors and also handles the paperwork necessary electronically to help client companies comply with tax, labor, and immigration laws. You can access Gusto by clicking on this link: https://gusto.com/
• Pros:
- Offers an easy-to-use UI, full HR suite, and competitive pricing.
- Easy employee and contractor payroll is provided.
- Automatic tax filing and compliance guidance are given.
- Integrated free checking and high-yield savings account with paycheck advance for employees.
• Cons:
- Primarily caters to US-based businesses, with limited support for international teams.
- Per-person pricing gets costly at scale.
- No invoicing or accounts receivable features.
Gusto offers various ongoing discounts and offers for its payroll and HR services, including:
- One-month free trial: Gusto offers a one-month free trial to new customers who sign up for their payroll and HR services. This allows businesses to try out Gusto’s platform before committing to a paid subscription.
- Referral program: Gusto offers a referral program that rewards customers who refer others to their services. When a referral signs up and runs their first payroll, both the referrer and the referral receive a $100 Visa gift card.
- Volume-based pricing: Gusto offers volume-based pricing for larger businesses with more employees. As the number of employees increases, the price per employee decreases, providing cost savings for larger businesses.
- Partnership discounts: Gusto partners with various organizations and companies to offer their members or customers exclusive discounts on Gusto’s payroll and HR services. These partnerships include accounting firms, professional organizations, and benefits providers.
Gusto Pricing:
Gusto offers three types of subscriptions to their customers:
- SIMPLE: $40 per month + $ 6 per month per person.
- PLUS: $60 per month + $9 per month per person.
- PREMIUM: Exclusive pricing.
2. PayrollPanda
PayrollPanda is a cloud-based payroll software designed to help small and medium-sized businesses in Southeast Asia streamline their payroll and HR processes. The software automates tasks such as calculating salaries, generating payslips, and submitting statutory contributions and is compliant with local labor laws and regulations. It offers user-friendly interfaces, comprehensive reporting tools, and integration with popular accounting software. The company also provides customer support and HR advisory services to help businesses manage their workforce more efficiently.
• Pros:
- Affordable pricing, specifically designed for small businesses, is good for teams based in Malaysia.
- Time-saving: With PayrollPanda, you can automate tasks such as calculating salaries, generating payslips, and submitting statutory contributions, saving you time and reducing the risk of errors.
- Customer support: PayrollPanda offers customer support to help you with any issues or questions you may have, as well as HR advisory services to help you manage your workforce more effectively.
- Reporting tools: PayrollPanda provides comprehensive reporting tools that enable you to generate reports on employee salaries, taxes, and other metrics.
• Cons:
- Limited to the Malaysian market, lacks integration with popular applications.
- Pricing: PayrollPanda’s pricing structure may be expensive for some small businesses, particularly if they have a limited number of employees.
- Limited language options: Currently, PayrollPanda is only available in English and Bahasa Malaysia, which may limit its use for businesses with employees who speak other languages.
PayrollPanda offers ongoing discounts and promotions for its payroll and HR services. Some of the ongoing offers and discounts provided by PayrollPanda include:
- Free plan for small businesses: PayrollPanda offers a free plan for small businesses with up to five employees. This plan provides basic payroll and HR services at no cost.
- Seasonal discounts: PayrollPanda also offers seasonal discounts and promotions from time to time. These discounts are usually announced on their website or through their newsletter.
3. Remote
Remote is a platform that offers services for remote job posting and hiring, remote team management, and international payments to help businesses operate and manage their remote workforce more effectively.Remote.com’s remote team management tools allow companies to manage their remote workforce, including tracking their time and attendance, managing payroll and benefits, and monitoring their productivity.
• Pros:
- A comprehensive solution for international payroll, benefits, and compliance; offers additional HR features.
- Affordable pricing: Remote.com’s pricing is affordable, with no upfront costs or long-term contracts.
- Secure international payments: Remote.com’s payment service provides a secure and easy way for businesses to pay their international employees and contractors using a variety of payment methods, such as bank transfers and digital wallets.
• Cons:
- Relatively new, may have unresolved issues or ongoing development needs.
- Limited customer support: While Remote.com offers customer support, their response times may be slower than expected, and they do not answer 24/7 to problems.
- Payment fees: While Remote.com’s payment service is convenient, there may be fees associated with international payments that businesses should be aware of.
Conclusion
Deel provides a robust solution for solopreneurs and early-stage startup founders looking to build and manage a global team. While there are some areas of improvement, Deel is a strong contender in the payroll and compliance space for international teams. We recommend exploring Deel and its alternatives thoroughly to find the best fit for your business. Deel’s focus on compliance and legal regulations related to hiring and payroll makes it a strong choice for businesses operating in multiple countries and needing to navigate complex legal and payroll requirements.
I’m founder of BizStack at Cagri Sarigoz LLC and a passionate advocate for entrepreneurs.
With over 14 years in tech, marketing, and AI, including my role as Head of SEO at CitizenShipper and co-founder of TaleBot at Intale AI, I’m dedicated to sharing genuine, useful product insights and tips.
At BizStack, I aim to cut through the digital noise to provide clear, actionable advice.
And more than all else, I’m a father to a (always) little girl and a husband.
Contact me at [email protected] for assistance.
