iiPay
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Product Overview
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Product Details
What Is iiPay?
iiPay, now part of Vistra, is a cloud-based platform for managing global payroll. It caters to businesses of all sizes, from small companies to large enterprises, including those in the Fortune 500. This platform provides a technology-driven ecosystem that seamlessly integrates international payroll, treasury services, and reporting across more than 170 countries. The focus is on automating intricate multi-country processes to reduce manual involvement and maintain adherence to regulations.
By consolidating various payroll data into a single system, iiPay offers organizations a secure and scalable environment for effectively managing a diverse global workforce with precision.
iiPay Pricing
The cost of iiPay generally ranges from $25 to $40 per employee per month, aligning with industry standards for comparable global payroll solutions that operate in multiple countries. This pricing is meant for general budgeting since actual expenses can vary significantly based on factors such as the number of countries involved, total employee count, and the specific combination of gross-to-net processing versus payment-only services.
In addition to regular subscription fees, companies should also be mindful of the following implementation costs that are typical for global payroll transitions at an enterprise level:
Implementation Fees: $10,000–$50,000+, depending on the complexity of local tax entities and the number of international jurisdictions.
HCM And HRIS Integration: $5,000–$20,000 for setting up automated data transfers with systems such as Workday, SAP SuccessFactors, or Oracle.
Historical Data Migration: $3,000–$10,000 based on the amount of historical payroll data needed for year-end reporting and compliance purposes.
Global Payment Setup And FX Services: $2,000–$7,000 for establishing multi-currency funding accounts and local payment systems.
For precise pricing tailored to your organization’s geographic presence and workforce size, it’s advisable to request a personalized estimate for iiPay.
Note: Pricing information is derived from publicly accessible third-party resources and industry benchmarks. Actual costs may differ.
iiPay Integrations
The platform allows integration with HCM and HRIS systems. Schedule a demo with iiPay to investigate these integrations more thoroughly.
Who Is iiPay For?
iiPay is well-suited for various industries and sectors, including:
Automotive manufacturing
Travel
Retail apparel
High-tech industrial
Is iiPay Right For You?
If your organization operates internationally and aims to streamline complex multi-country payroll tasks, iiPay offers a scalable solution that spans over 170 countries with centralized workflows and real-time insights. The platform adheres to ISO27001 and ISAE3402 certifications, emphasizing stringent compliance and governance measures. iiPay has also received Global Payroll Awards from Reward Strategy, showcasing its leadership in global payroll solutions.
If you still have questions about whether iiPay meets your needs, feel free to reach out to our customer support team at info@softwareseekers.com for additional assistance.
Human Resources Software Features
Pros
- ✔ Strong global payroll coverage in multiple countries
- ✔ Good visibility across payroll data and analytics
- ✔ Implementation process structured and user-friendly
Cons
- ✘ Advanced features could be overwhelming initially
- ✘ Some manual tasks remain in payroll processing
Price
Professional
$25 - $40
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