South African payroll and HR company PaySpace has been acquired by the US firm Deel in a partnership that makes the latter the market leader in the global payroll space. PaySpace provides multi-country payroll and HR functionalities with built-in compliance for organisations of all sizes and industry sectors. Deel, meanwhile, is a payroll and compliance provider based in San Francisco, which helps companies simplify every aspect of managing an international workforce, from culture and onboarding, to local payroll, compliance and now, people management. “Global payroll is hard to do and critical to get right. Clyde van Wyk, PaySpace director, said Deel, like PaySpace, strives to evolve its offering through disruption.
