In this guide, we explore and compare two of the leading global payroll and compliance platforms, Lano and Deel. Both platforms offer reliable solutions that simplify the complexities of onboarding, hiring, and paying international teams.

We will share an honest opinion on which offering is better for which types of companies. We will also highlight Deel and Lano unique features, advantages and considerations to help you make an informed decision for your business.

Quick Lano and Deel Overview

Both Lano and Deel offer similar services at similar price points, making the decision process a little less straightforward. The good news is that no matter which platform you opt in for you’ll likely be happy with either. Both help to streamline the process of hiring and paying global teams, making expansion into new markets much more efficient. However, if you have a closer look into both of the platforms, you will start to see some key differences which will help you make your final decision.

Let's take a closer look at Lano and Deel and learn what each platform has to offer.

{{lvd="https://www.founderpass.com/tables"}}

Lano in more detail

Lano is a great platform and solution for businesses looking to scale their global workforce efficiently. Covering international hiring, payroll and payments across more than 170+ countries, Lano simplifies the complexities of global compliance. Two of Lano's key features are Outsourced Payroll and Global Payroll Consolidation. You not only get access to local payroll providers in more than 150 countries, but you can also manage payroll across multiple geographies, entities and providers through the Lano platform. This allows you to unify all employee and payroll data, including contracts, salaries and benefits, into a single, reliable source. With the capability to add and modify structured salary data from a centralised platform, Lano ensures accurate payroll calculations, verified by both the payroll provider and Lano itself. This not only streamlines payroll processes but also enhances planning with insightful data.

In addition, Lano facilitates Global Salary Payments through the Lano Wallet, enabling payments in 28 different currencies across 170+ countries. This feature not only ensures efficient global payments but also offers potential savings of up to 3% in foreign exchange fees on transactions in local currencies. Lano's commitment to transparency is evident as users can see costs upfront without encountering high bank fees or volume-based pricing. The platform further extends its reach through Payroll Services, empowering businesses to expand confidently with pre-vetted local payroll partners covering 170+ countries. This expansive global payroll service is accessible under a single contract through the Lano Service Agreement, providing a unified platform for all payroll-related operations and backed by robust customer service.

Lano Pros

• Hiring, onboarding, and payroll in one system
• Global employer of record and payroll solutions in 170+ countries, with visa and immigration support
• Simplified compliance, eliminating local labor law headaches.
• Unified and automated global payroll with a single source of truth.
• Multi-currency support for paying employees in their local currency.
• Integrations with HiBob, Lucca, Workday, Zoho People, and BambooHR to support global payroll automation.

Lano cons

• Setup Time - Like any other global compliance platform, the initial time required to set up Lano for your business needs may take up to 4 weeks, depending on the services required.

For more details, you can check out our full Lano review and learn more about this company.

More about Deel

Deel offers a dynamic solution, streamlining payroll operations for businesses globally. With support from over 150 countries, Deel offers a quick and efficient way to manage international payrolls within its comprehensive platform. By addressing compliance, taxes, benefits, and more, Deel significantly reduces the administrative burden on companies, minimizing the risk of errors and allowing businesses to focus on their core activities. Think of Deel as your all-encompassing global HR platform, managing various aspects of running a global team—from hiring team members abroad without the need for a local entity to streamlining HR processes worldwide and ensuring consolidated, efficient payroll operations.

One standout feature of Deel is its Employer of Record (EOR) capability, enabling businesses to hire and pay employees in countries without requiring a local entity. This is made possible through Deel's worldwide infrastructure, centred around EOR, proving to be a game-changer for companies aiming to expand their workforce across borders while cutting costs and administrative overhead. Deel's platform facilitates the seamless hiring of contractors, addressing compliance, international payments, and invoicing for different countries. Moreover, it assists in the direct hiring of employees, expediting the onboarding process, facilitating direct payments, and consolidating the entire workflow. Notable additional features include the ability to offer localized benefits, hire employees in foreign countries without the need for a local entity, conduct background checks, provide visa support, and even send equipment to team members wherever they are based.

Deel Pros

• Hiring, onboarding, and payroll in one system.
• Infrastructure for hiring and paying employees worldwide without legal entities.
• Compliance-focused services, including 24/7 in-app support and specialists.
• Significant time and cost savings with automated HR admin.

Deel Cons

• Costs - The costs can quickly add up if you start adding more and more team members who work abroad onto the platform. There may be additional hidden costs, such as set-up fees, offboarding fees and platform payment fees.

If you want to learn more than our Deel reviews go into more detail about this platform.

Lano vs Deel Pricing

In terms of pricing when comparing Lano vs Deel, they are relatively similar but you will see some differences in the table below.

{{lano-vs-deel-pricing="https://www.founderpass.com/tables"}}

The above pricing may sway you to go with one company over the other, especially if one offers a service which the other doesn't. For example, if you're looking for a platform that provides 24/7 HR support, Deel may be better, but if you're looking to consolidate and automate your global payroll operations, then Lano may be the better-suited platform for your company.

Lano vs Deel verdict

We'd love to tell you that we have a clear winner, but in reality, they both offer similar services and both occupy a similar price point. The good thing is that both are great options for your business so either way you'll likely make a good choice when it comes to navigating the complexities of global payroll and HR management. While Lano excels in providing a seamless experience for payroll consolidation and automation, with a strong focus on compliance, Deel stands out for its all-in-one system which is a little more HR-focused, backed by 24/7 in-app support. The decision will therefore rely on your personal choice and your business factors, such as your specific business needs, setup time tolerance, and currency preferences.

As you weigh the pros and cons, it's reassuring to note that both Lano and Deel offer robust solutions, making the choice a matter of aligning the platform's strengths with your unique requirements. Whether you opt for the streamlined global payroll expertise of Lano or the comprehensive HR platform of Deel, your business will likely benefit from enhanced efficiency and compliance on the global stage.