Back to Reference
No items found.
Search everything, get answers anywhere with Guru.
Watch a demoTake a product tour
June 6, 2024
XX min read

Deel vs Lano

Introduction

When it comes to managing global payroll and compliance, choosing the right HRIS (Human Resource Information System) tool is critical. Deel and Lano are two popular options that offer robust features for companies looking to streamline their international hiring, compliance, and payments processes.

Deel simplifies payroll so you can hire anyone, anywhere. We streamline compliance and payments through our independent contractor and EOR model. With Deel, generate legally binding contracts that cover local labor laws in over 150 countries, offer flexible withdrawals, and enjoy 24/7 customer support. It’s the modern payments platform built for the future of work.

Lano is a cloud-based compliance and payments platform. We provide a unified solution for hiring, managing and paying employees and contractors in full compliance in over 150 countries worldwide, without setting up a legal entity.

Choosing the right HRIS tool can significantly impact your company's operational efficiency and compliance status. Therefore, comparing Deel and Lano is crucial to determine which one aligns best with your business needs.

Deel Overview

Deel is designed to simplify the complexities of global payroll and compliance. It offers a comprehensive suite of features that ensure you can hire, manage, and pay contractors and employees anywhere in the world.

Key Features

  • Global Compliance: Deel covers local labor laws in over 150 countries, ensuring that your contracts are legally binding and compliant.
  • Payroll and Payments: Offers streamlined payroll processes and supports multiple payment methods, including flexible withdrawal options for contractors and employees.
  • EOR (Employer of Record) Services: Deel acts as the legal employer for your international hires, taking care of payroll, benefits, taxes, and compliance.
  • Automated Contract Generation: Quickly generate contracts that meet local legal requirements, saving you time and legal fees.
  • 24/7 Customer Support: Provides round-the-clock support to help with any issues or questions that may arise.

Lano Overview

Lano offers a unified solution for managing global compliance and payments. It is tailored to help businesses hire, manage, and pay their global workforce seamlessly.

Key Features

  • Unified Compliance: Ensures full compliance in over 150 countries, including labor laws, tax regulations, and employment standards.
  • Centralized Payments Platform: Simplifies the process of paying employees and contractors worldwide without the need for multiple systems.
  • No Legal Entity Required: Enables global hiring without the necessity of setting up a legal entity in each country.
  • Contract Management: Facilitates the creation and management of contracts, ensuring they adhere to local laws and regulations.
  • Real-time Insights: Provides valuable insights and analytics to help manage your global team more effectively.

Similarities

Both Deel and Lano share several similarities, making them strong contenders in the HRIS market:

  • Global Coverage: Both platforms support compliance and payments in over 150 countries, allowing businesses to hire from a vast talent pool without geographical limitations.
  • Compliance-first Approach: Both Deel and Lano emphasize legal compliance, ensuring that all contracts are in line with local labor laws and regulations.
  • Automated Contract Management: Both tools offer automated contract generation and management, which saves time and reduces legal complexities.
  • Support for Contractors and Employees: Both platforms make it easy to manage and pay both contractors and full-time employees.
  • Customer Support: Both Deel and Lano offer robust customer support to assist users with any issues or queries they might have.

Differences

While Deel and Lano offer similar services, they also have distinct differences that may make one more suitable than the other, depending on your business needs:

  • EOR Services: Deel provides Employer of Record services, acting as the legal employer for international hires, while Lano focuses more on providing a platform for managing compliance and payments without needing to set up a legal entity.
  • Payment Flexibility: Deel offers flexible withdrawal options for contractors and employees, which can be a significant advantage for businesses needing diverse payment methods.
  • Platform Focus: Deel emphasizes its modern, streamlined approach to payments and compliance, while Lano offers a more centralized and unified platform with real-time insights and analytics.
  • Customer Support Differentiation: Deel provides 24/7 customer support, which could be crucial for businesses operating in multiple time zones, whereas Lano's customer support focus may vary.

Pros and Cons

Deel

Pros:

  • Comprehensive EOR services simplify international hiring.
  • 24/7 customer support ensures help is always available.
  • Flexible withdrawal options cater to diverse payment needs.
  • Automated contract generation saves time and legal resources.
  • Covers compliance across more than 150 countries.

Cons:

  • May involve higher costs due to EOR services.
  • Could be overly complex for businesses with simple compliance needs.
  • Primarily focused on payroll and compliance rather than analytics.

Lano

Pros:

  • Centralized platform for managing compliance and payments.
  • No need to set up a legal entity, reducing administrative burden.
  • Real-time insights and analytics provide valuable business intelligence.
  • Simplifies global payments, making it easy to pay contractors and employees.
  • Supports compliance in over 150 countries.

Cons:

  • Lacks the EOR services offered by Deel.
  • Customer support may not be as round-the-clock as Deel’s.
  • May require integration with other tools for a complete HRIS solution.

Use Cases

Deel

Deel is ideal for companies looking to hire international talent without the complexities of setting up legal entities in each country. Its EOR services ensure that compliance, payroll, and benefits are managed seamlessly. Example scenarios include:

  • A tech startup wanting to rapidly expand its team across multiple countries without extensive legal setups.
  • A growing company needing to ensure compliance with various local labor laws while focusing on business growth.

Lano

Lano suits businesses that need a centralized platform to manage global compliance and payments efficiently. It’s particularly beneficial for companies that want real-time insights and don’t need the full EOR services. Example scenarios include:

  • A mid-sized company needing to manage payments to contractors and employees spread across different countries efficiently.
  • An established business looking for detailed compliance management and analytics to streamline its global workforce operations.

Conclusion

In comparing Deel and Lano as HRIS tools, both platforms bring valuable features to the table, each with its strengths and weaknesses. Deel excels with its comprehensive EOR services and round-the-clock customer support, making it ideal for companies requiring detailed compliance and flexibility in payments. On the other hand, Lano offers a robust, centralized platform for managing global compliance and payments, with added benefits of real-time insights and reduced administrative burdens.

Choosing between Deel and Lano depends on your company's specific needs. If you're looking for an all-encompassing solution with EOR services and extensive customer support, Deel is likely the better fit. However, if you need a centralized, compliance-focused platform with strong analytics and no need for a legal entity setup, Lano might be the more suitable option.

Key takeaways 🔑🥡🍕

Written by
Search everything, get answers anywhere with Guru.

Learn more tools and terminology re: workplace knowledge