Skuad is an HR platform that automates global payroll, local compliance, and taxation for businesses hiring employees and contractors in over 160 countries. By eliminating the need for local entities, Skuad simplifies the onboarding process and ensures adherence to local employment laws, reducing administrative burdens and legal risks for companies expanding internationally.
Funding
$10M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Expanding into new countries requires businesses to navigate complex local employment laws, payroll processes, and compliance regulations, creating administrative overhead and potential legal risks. Establishing a local entity in each country adds further complexity and costs to international hiring.
Solution
Skuad, now part of Payoneer, offers a unified platform that simplifies global employment by automating payroll, ensuring local compliance, and managing taxation for businesses hiring employees and contractors in over 160 countries. The platform eliminates the need for companies to establish local entities, streamlining the onboarding process and ensuring adherence to local employment laws. Skuad's solution enables businesses to compliantly manage benefits, work permits, and timesheets for their international teams, all from a single interface. By automating these processes, Skuad reduces administrative burdens and legal risks associated with international expansion.
Target Audience
Skuad primarily serves small and medium-sized businesses looking to hire and manage employees and contractors globally without establishing local entities.
Features
- Compliant onboarding for remote talent in 160+ countries.
- Automated global payroll processing in 100+ currencies with optimal exchange rates.
- Management of country-specific benefits packages, including medical, dental, vision, and pension plans.
- Compliance with local employment laws, country-specific taxes, and audit readiness.
- Digital document collection and locally compliant contract generation.
- Tools for managing work permits and employee timesheets.