Case Study: Axero Solutions saves $1M annually while staying globally compliant with Multiplier
Key results
The challenge
Axero Solutions, a New York-based digital workplace software firm with 50+ employees, operates a global team but found it labor-intensive and time-consuming to maintain compliance with local employment laws, contracts, and taxes across markets such as India, Spain, Montenegro, and the Philippines. Managing tax and social security withholdings internally had become cumbersome.
The solution
Axero adopted Multiplier's Employer of Record (EOR) solution, with Multiplier acting as the nominal employer, so Axero could avoid establishing local entities in India, Spain, Montenegro, and the Philippines. The platform generated locally compliant contracts and handled labor and tax laws, insurance, and payroll.
“The simplicity of hiring and onboarding was definitely one feature that attracted us to go with Multiplier. The salary calculator was very helpful for us, especially as we were moving employees from one platform to another, so there weren't any unforeseen surprises.”
AIAdam IlowiteCEO, Axero Solutions
The results, in context
Implementing Multiplier's EOR solution led to an annual saving of $1 million for payroll and operations while adhering to local, corporate, and tax laws. It also helped Axero save up to 300 hours of work per month, and the company reports 100% global compliance.