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Deel's Latest Year-End Feature Updates

Deel, a California-based company led by CEO Alex Bouaziz, has announced its latest features and updates aimed at streamlining year-end operations. These new tools were unveiled during "The Deel Drop: Fall Edition" on October 22, which is part of their quarterly product announcement event. The updates are designed to assist global teams in efficiently managing year-end workloads while preparing for strategic planning in 2026.

Key Features and Updates

Year-End Planning Enhancements

• - Enhanced Calibration Functions for HR Assessments: The improvements in filtering, heat map visualizations, and tagging capabilities empower organizations to make consistent and fair compensation decisions. This will help businesses ensure that their performance evaluations are not only efficient but also equitable.

• - New Planning Cycle Module: By offering a structured timeline and a collaborative approval workflow, this tool modernizes the traditional spreadsheet-based planning processes, making it easier for teams to work together.

• - Scenario Calculator: Users can now model different hiring and cost scenarios within minutes, allowing approved plans to be directly converted into hiring requests with a single click. This significantly speeds up the hiring process and ensures resources are allocated appropriately.

• - Integration of Compensation Bands: This feature consolidates decision-making processes related to salaries and performance across HR and finance, ensuring alignment and transparency throughout the organization.

Payroll Streamlining

• - Payroll Connect: This new feature gathers payroll data from multiple countries into a single global dashboard, simplifying the management of payroll across different regions and making it easier to monitor compliance.

• - Automated Payroll Submissions: By adhering to set policies, this feature prevents delays in payroll processing through automated scheduling, ensuring timely payments to employees.

• - Proration Calculations and Bulk Edit Features: These enhancements minimize manual adjustments, thereby simplifying the payroll adjustment process.

• - Benefits Management Integration: Directly linking open enrollment data with payroll systems enhances data accuracy during year-end closures.

Enhanced Operational Effectiveness

• - Business Visa Application Support: This integration allows companies to assess employee eligibility for travel and streamline application processes for short-term international assignments.

• - Entity Management System (EMS): This comprehensive feature centralizes the management of corporate registration documents, articles of incorporation, and shareholder information, bolstering compliance across global operations.

• - Deel AI Teammate: This specialized AI agent performs routine HR and payroll tasks, such as vacation request approvals and payroll audits, under user management, enhancing efficiency in these critical areas.

• - Custom AI Agent Building Capability: Companies can now create bespoke AI agents tailored to their unique workflows without needing coding skills, providing greater flexibility and customization.

Expert Insights

Kobi Eldar, Deel’s Head of EOR and Payroll Products, emphasized the importance of these updates, stating, "This release focuses on providing the right infrastructure for companies during a critical time of year. We aim to clear the complexities of year-end operations and help businesses act quickly and confidently in decision-making. This will remarkably benefit companies preparing for the upcoming year."

Ryo Nishiura, Deel's Country Manager for Japan, noted that year-end is a significant period for Japanese companies, with planning, evaluation, and payroll tasks requiring careful attention. He expressed confidence that the automation tools and integrated payroll management features introduced in this update would address the challenges faced by HR and finance teams effectively. Deel remains committed to enhancing its platform to alleviate the complexities of global operations, allowing Japanese companies to focus on strategic objectives.

About Deel Inc.

Deel Inc. offers an all-in-one payroll and HR management platform designed for global teams. Its comprehensive services, which include HRIS, payroll, compliance, benefits management, and performance tracking, are seamlessly integrated to adapt to diverse working styles. With AI-powered tools and robust global payroll infrastructure, Deel supports firms across more than 150 countries, ensuring compliance and facilitating smarter business growth. For more information, visit deel.com.