Overview On Deel

Qayyum Rajan

Deel is an all-in-one platform that provides support for international payroll, compliance, and contractor management solutions for businesses. It is a tool that helps businesses to manage their remote workforce from around the world. The platform is designed to simplify the process of hiring and managing remote employees or freelancers. The platform has been providing support to businesses across the world since its inception in 2018.

How Deel Works

Deel simplifies the process of hiring and managing remote employees. Here's how it works:

The employer creates a contract on the Deel platform.
The employee signs the contract on the platform.
The employee completes the necessary paperwork (such as tax forms) on the platform.
The employer can then pay the employee through the platform.

Deel provides a hassle-free experience for businesses to manage their remote employees. The platform streamlines the entire process from hiring to payment, allowing businesses to focus on their core competencies.

Features of Deel

Deel offers a number of features, including:

Automated onboarding and offboarding

Deel automates the onboarding and offboarding process for remote employees. The platform ensures that all necessary paperwork is completed, and compliance with local labor laws and regulations is maintained.

Compliance with local labor laws and regulations

Deel ensures compliance with local labor laws and regulations. The platform takes care of all compliance-related matters, such as tax forms and employee contracts.

Global payments and currency exchange

Deel supports global payments and currency exchange. The platform allows businesses to pay their remote employees in their local currency, eliminating the need for businesses to deal with foreign exchange.

Time tracking and invoicing

Deel offers time tracking and invoicing features, allowing businesses to manage their remote employees' work hours and generate invoices accordingly.

HR support

Deel provides HR support to businesses, ensuring that they have access to the necessary resources to manage their remote workforce effectively.

Benefits of Using Deel

Deel can help businesses to:

Save time and money on payroll and compliance.
Simplify the onboarding and offboarding process for remote employees.
Ensure compliance with local labor laws and regulations.
Manage payments and currency exchange for remote employees.

Deel provides businesses with a centralized platform to manage their remote workforce, eliminating the need for businesses to manage multiple platforms and processes.

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Conclusion

Deel is a powerful platform that simplifies the process of hiring and managing remote workers. It offers a number of features that can help businesses to save time and money on payroll and compliance. If you are looking for a platform to help you manage your remote workforce, Deel is definitely worth considering. With its user-friendly interface and comprehensive features, Deel can help businesses streamline their remote workforce management processes and focus on their core competencies.

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Why is ESG data expensive?

The costs of collecting, analyzing and storing data are not cheap. And unlike financial data, there is no standardized process for determining ESG scores.The complexity of ESG data and the lack of standardization in the process for assessing environmental, social and governance factors also makes it difficult to compare companies on these metrics. Regulators are trying to make ESG information more transparent by mandating that companies disclose them alongside their financials, but this is still materializing globally. Traditional providers such as MSCI or Refinitiv employ armies of analysts to get this data from corporate disclosures (if it exists) and then normalize that data and provide it back to you. This is a very expenive process, with lots of quality control, and importantly - because this data is not disclosed very frequently (companies typically disclose ESG related data annually), there is less incentive to have a continuous subscription to a ESG data feed, along with risk of information leakage. All of this results in very expensive, and limited annual contracts.

Artificial Intelligence is changing the way we create and consume ESG data, which address many of the issues above - but that is a topic for another day.

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Why is ESG data expensive? 6

The costs of collecting
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The costs of collecting ation in the process for assessing environmental, social and governance factors also makes it difficult to compare companies on these metrics. Regulators are trying to make ESG information more transparen
The costs of collecting

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The costs of collecting
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The costs of collecting
The costs of collecting ation in the process for assessing environmental, social and governance factors also makes it difficult to compare companies on these metrics. Regulators are trying to make ESG information more transparen
The costs of collecting

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