Mercer and Equus Software form alliance to help employers better manage expatriate assignments
Mercer, a global leader in human resource consulting, and Equus Software, a leader in state-of-the-art technology solutions, are working together to implement AssignmentProTM for Mercer’s clients. AssignmentPro is an international assignment management software system that uses best-in-class technology to streamline expatriate administration.
AssignmentPro provides end-to-end automation to effectively manage all aspects of international assignments. The system houses all information in a single, easy-to-use format that eliminates the need to outsource expatriate administration. Additionally, it coordinates multiple stakeholders, both in the host and home countries, simplifying process management.
“Adding AssignmentPro to our global mobility offerings enables us to provide organisations with a single tool for more effectively managing international assignments,” said Barb Marder, Global Mobility Commercial Leader for Mercer. “We scanned the market for the best and most cost-effective international assignment software on the market and believe AssignmentPro is that software. Not only does this tool simplify compensation and payroll reporting, it automates assignment tracking, expense management and workflow communications, resulting in significant administrative cost savings.”
“Mercer is recognised as one of the leading HR and benefits consultants in the world, and we are pleased to work with them to bring added value to Mercer’s clients,” said Mark Thomas, CEO of Equus Software. “We believe Mercer’s clients will benefit significantly from a combined Mercer/Equus Software team. The combination of Mercer’s knowledge and experience in global mobility consulting with AssignmentPro’s software capabilities for simplifying all aspects of expatriate administration is very powerful.”
AssignmentPro makes managing the complexities of international assignments – from compensation and payroll reporting to expense management and pay tracking – easy and efficient. (See Figures 1 and 2 in the attached.)
Some of AssignmentPro’s key features include:
- Easy integration with many HRIS platforms allowing for complete automation of payroll and email systems as well as employee communications.
- The ability to manage and store documents, such as contracts, securely in a single database.
- Around-the-clock communication with assignees, suppliers and HR staff worldwide via web portals.
- The ability to manage business processes via an automated workflow system.
- Simple calculating and reporting of cost projections, expenses and compensation in multiple currencies.
- Online expense management allowing for automatic notifications of approved expense reports.
Mercer is a global leader in human resource consulting and related services. The firm works with clients to solve their most complex human capital issues by designing and helping manage health, retirement and other benefits. Mercer’s 20,000 employees are based in more than 40 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 52,000 employees worldwide and annual revenue exceeding $10 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a global leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @MercerInsights.
About Equus Software
Founded in 1999, Equus Software is the leader in state-of-the-art technology solutions for corporate workforce mobility. Forming alliances with companies to implement expat software that runs mission-critical business processes, the company’s expat software product line includes US relocation tax gross-up software, web-based international assignment management/expatriate tracking software and expat cost projection software. Equus Software’s products are used by over 500 corporations, including many of the Fortune 100. For more information, visit www.equusoft.com.