It’s 2024: An international workforce is standard as businesses expand into new markets and tap into diverse talent pools. This expansion strategy, however, introduces complexities from navigating foreign employment laws and varied compensation packages to managing seamless employee relocations around the world.
Enter global mobility software.
These advanced solutions serve as the central system for global mobility programs and help manage the intricate logistics of moving employees internationally. Global mobility software can streamline compliance with local laws, help craft a positive relocation experience, and align mobility processes with strategic company objectives—all while prioritizing cost savings.
Relying solely on basic in-house resources to manage the multifaceted relocation process is increasingly untenable. Relocating requires much more than simply moving an employee from one country to another.
A comprehensive global mobility management strategy encompasses everything from tax and payroll implications to employee support services while transitioning a team to new roles abroad.
This article explores leading global mobility software options for 2024, their respective benefits and challenges, and how they each have a role in upgrading the global mobility industry and elevating the employee experience for mobile workforces worldwide.
TDLR
More than just relocations, global workforce mobility is a comprehensive strategy for managing a company’s international workforce.
Here’s why global mobility software is pivotal in modern business operations:
Global mobility software is indispensable in today’s business and technology landscape — arguably a cornerstone of a company’s global mobility approach. It streamlines logistics and improves the relocation strategy to ultimately uplift the employee experience and overall corporate strategy.
The truth is that today, the process of relocating employees around the world is more complex than ever. Moving staff between different countries involves intricate logistics, compliance with local laws, and the employee’s personal well-being, which can be burdensome for HR teams and the company.
Global mobility management software emerges as an important tool for navigating these complexities and transforming potential roadblocks into manageable tasks.
Global Mobility Software addresses several challenges:
The right global mobility software is essential for efficiently managing international employees and stakeholders and ensuring everyone’s company’s ability and success.
To optimize your investment and align the software with your organization’s specific needs, prioritize these essential features:
By focusing on these features in your global mobility software search, you are positioning your organization to enhance its global mobile workforce, global mobility strategy, and streamline its global mobility management.
As businesses expand globally, the demand for efficient, user-friendly global mobility management software rises.
Let’s explore nine leading options for 2024.
AltoVita is a leading corporate housing platform and relocation management solution. It offers extensive, fully furnished accommodation options in over 7 million properties in more than 35,000 locations worldwide.
Tailored to meet businesses' unique needs, AltoVita also serves as a business travel solution through its multi-award-winning enterprise software. This platform significantly reduces the traditional booking process time from 24-48 hours to 3 minutes.
Through strong partnerships with housing providers, AltoVita offers competitive market prices, ensuring optimal visibility and cost-saving benefits. Designed for HR managers, global mobility professionals, and traveling employees, AltoVita provides a unified space for efficiently managing corporate travel investment.
The platform strongly emphasizes employee satisfaction, offering a vast selection of vetted and verified accommodations to ensure employees have a comfortable and safe stay. Moreover, AltoVita has customizable features that adapt to various business needs and preferences, allowing for tailored business solutions and effective corporate travel management.
Topia provides a unified global talent mobility platform, enabling companies to deploy, manage, and engage employees worldwide efficiently. This platform is integral to a broader talent strategy, aiming to simplify all aspects of employee movement while emphasizing enhanced experiences.
Widely adopted by Fortune 1000 companies, HR teams moving companies, and relocating employees, Topia is a trusted guide through the intricate process of international office relocations and assignments.
Topia offers a comprehensive, end-to-end solution for managing a distributed workforce efficiently and complying with relevant regulations. Its data-driven, rules-based workflow automation simplifies operations for HR, global mobility, finance, and payroll teams, helping them navigate the complexities and risks of a multi-location, mobile workforce.
Benivo is a global mobility management software platform that empowers companies to efficiently manage employee relocations and assignments. It enhances the employee experience while aligning business growth with HR management’s strategic needs and preferences.
Benivo significantly reduces relocation costs, allegedly saving companies between 30% and 70%, by integrating seamlessly with immigration, tax, and HR systems. This approach eliminates repetitive work and streamlines direct housing bookings and other essential relocation services.
The flexible and customizable platform allows HR teams to tailor compensation and relocation services to individual employee needs and specific company policies without compromising security or compliance.
Equus is a leading global mobility management tool designed to support an organization’s strategic growth by seamlessly connecting global workforces and mobility ecosystems. With a focus on simplifying the lives of international and global workforces, Equus offers two distinct products: AssignmentPro and PinPoint.
AssignmentPro manages every aspect of employee moves, from pre-authorization to compensation, taxes, and repatriation. It integrates talent mobility programs with an extensive network of suppliers for real-time global mobility data access.
PinPoint, on the other hand, focuses on accurate workforce tracking, compliance management, and engagement enhancement during employee travel or relocation.
Equus offers flexibility, allowing international employees to customize their relocation experience within budget constraints.
UrbanBound is a technology-powered relocation management company designed to simplify employee relocations. It provides a software solution that reduces the administrative burden and cuts program costs by up to 66% while enhancing the relocation experience for employees and interns.
The platform features payment, housing, and travel expense management, including personalized assistance through dedicated Relocation Consultants. This allows HR departments to delegate time-consuming tasks and focus on supporting their workforce. UrbanBound provides comprehensive reporting capabilities, enabling employers to analyze and manage relocation timelines and costs effectively.
Using UrbanBound, companies can ease employees’ transition and position themselves as exceptional workplaces, potentially boosting candidate conversion rates and reducing turnover.
ReloTracker is a comprehensive, web-based relocation management system designed to adapt to the modern needs of the global relocation industry. In a world where remote work and digital communication are increasingly prevalent, ReloTracker provides a streamlined, efficient, and secure solution for relocation management companies, local relocation providers, and their clients, including HR departments and immigration service providers.
The system centralizes necessary documentation and data, automates numerous tedious tasks, and facilitates seamless communication between parties, enabling users to efficiently manage, organize, and track the complex processes associated with employee relocations.
For employers and transferees, ReloTracker is a single, integrated platform where they can view and enter all their information without navigating through multiple systems.
Sirva Worldwide, Inc. is a leading global relocation management and moving services company. It offers comprehensive support for HR professionals and mobility professionals handling employee relocations, whether domestic or international.
Sirva provides end-to-end solutions, leveraging its portfolio of brands—including Sirva, Allied, and North American—to deliver a full spectrum of services, from corporate relocation and household moving to commercial moving and storage.
With 67 owned and over 900 affiliated locations in more than 190 countries, Sirva combines a broad network with localized, attentive service. For key executives, Sirva’s exclusive VIP and Elite VIP relocation programs provide top-tier, personalized service tailored to each executive and their family.
Since 1997, MoveAssist has pioneered high-quality software solutions tailored to the needs of global mobility professionals, including Relocation Management Companies (RMCs), Destination Service Providers (DSPs), in-house international mobility teams, and HR departments.
MoveAssist’s products, such as mai-relocation and mai-assignment, offer comprehensive global mobility industry and management solutions, incorporating vendor management, compliance monitoring, and billing. Designed for flexibility and user experience, these products are customizable and user-friendly.
MoveAssist is devoted to fostering long-term partnerships with clients by assigning dedicated teams to each account and upholds stringent security measures, including ISO 27001 certification and encrypted data, ensuring sensitive information is rigorously protected.
Mercer, a global consulting leader and part of the Marsh & McLennan Companies, specializes in health, wealth, and career solutions for businesses. Established in 1945, Mercer’s expansive global staff assists organizations in advancing their most vital asset: their people.
Through its Mobility solutions, Mercer empowers over 2,500 clients worldwide, including major multinational companies, to grow their businesses by moving key talent to a new country or internationally, developing global leaders, and implementing comprehensive talent mobility strategies.
Mercer’s tailored offerings adapt to specific mobility strategies or programs, covering various types of international and domestic assignments and effectively managing the complexities and costs of talent mobility.
Global mobility software is vital in today’s modern, international business landscape. These tools streamline the mobility program process, ensure compliance with local laws, help with cost-savings for relocation, improve the employee experience, and enable each employer to use data effectively to make informed decisions.
By leveraging these advanced solutions, employers can manage their global mobility programs efficiently, ensure a positive experience for their employees, and optimize their strategic business objectives.
For example, incorporating features like real-time analytics and compliance monitoring can significantly enhance the efficiency of an employer’s global mobility efforts. This, in turn, can lead to better cost management and employee satisfaction, ultimately contributing to the overall success of the company’s international operations.
Investing in robust global mobility software is a strategic advantage for businesses looking to thrive in an increasingly interconnected world.
Learn how to start with AltoVita and streamline your global mobility program today.