The situation: Complexities of hiring without established entities
As Biocartis expanded globally, they encountered challenges hiring in countries where they didn’t have entities. Managing payroll, compliance, and legal requirements in new regions was complex, since each country has its own set of unfamiliar regulations. This made it difficult to navigate local tax and legal compliance, slowing Biocartis’ ability to enter and operate in new markets.
The solution: Scaling faster with G-P
Recognizing the need for a faster and more scalable approach, Biocartis explored alternatives to the traditional entity setup, which was costly and time-consuming. Biocartis turned to their trusted payroll provider, SD Worx, who recommended G-P as a reliable Employer of Record (EOR) solution to streamline the process. While Biocartis had previously worked with another Swiss-based EOR, it quickly became clear that G-P offered a broader range of expertise and more flexibility in employing talent across a wider variety of countries.
Initially, Biocartis leveraged G-P’s EOR solution to establish a compliant hiring process in Ireland while SD Worx set up a permanent payroll system. Seeing the efficiency and flexibility of G-P’s services, Biocartis expanded hiring in Thailand, where managing compliance and legal requirements was even more complex. G-P’s expertise allowed Biocartis to onboard talent quickly and focus on its core business, rather than administrative hurdles.
“Gracias a que SD Worx recomendó G-P, encontramos un socio de EOR confiable que nos ayudó a superar los desafíos en la contratación de talentos en varias regiones nuevas. G-P nos permitió enfocarnos en lo que realmente importaba, contratar a los mejores miembros del equipo y pagarles correctamente, mientras manejamos las complejidades locales de cumplimiento, bancarias y legales.
Patrick Proost
Gerente de compensación y beneficios en Biocartis
The impact: Accelerating expansion with G-P and SD Worx
Partnering with G-P and SD Worx not only simplified global workforce management but also delivered measurable results for Biocartis.
The company saw time and cost savings of up to 20% on administrative tasks like payroll processing, onboarding, and managing legal compliance. Onboarding time dropped from approximately 60 days to just 10 days, significantly improving hiring speed.
They also experienced a 50% reduction in legal fees related to setting up entities in multiple countries. And thanks to G-P’s infrastructure, market entry time was reduced from around 3 months to just 1 month.
Today, Biocartis continues to grow its international presence with support from G-P and SD Worx. Together, they’ve helped the company stay compliant with local employment regulations without having to set up entities in every new market.
“Todos los procesos han sido sin problemas: la transición, la nómina y los impuestos anuales. Todo es rápido y no ha habido ningún problema como miembro del equipo empleado a través de G-P.
Dhammawipak chutintornado
Especialista en Productos Exportación Asia en Biocartis
En lugar de pasar tiempo y recursos navegando por los sistemas fiscales y legales específicos del país, Biocartis ahora puede moverse más rápido y enfocarse en ingresar a nuevos mercados con confianza.
“Al asociarnos con G-P como nuestra EOR, garantizamos el cumplimiento de las reglamentaciones locales mientras mantenemos la gestión centralizada de la nómina a través de SD Worx. Los servicios combinados de G-P y SD Worx nos han ayudado a escalar rápidamente mientras mantenemos la gestión de la fuerza laboral global optimizada.
Patrick Proost
Gerente de compensación y beneficios en Biocartis
