Lano Full Review

8.5

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Last updated Apr 25

Lano operates as a global compliance and payments platform headquartered in Berlin, designed to simplify the complexities of international hiring, payroll, and workforce management for medium-to-large companies. Covering over 170 countries, Lano offers a suite of solutions including Employer of Record (EOR), outsourced payroll via a partner network, payroll consolidation, and contractor management, all aimed at ensuring compliance and streamlining global operations.

 

Core Services for Global Operations

Lano provides several key services tailored to international businesses:

  • Employer of Record (EOR):

    Enables companies to hire full-time employees in 170+ countries without establishing local legal entities. Lano, through its network, manages compliant contracts, onboarding, payroll, benefits, and visa/immigration processes according to local laws.

  • Payroll Services (Outsourced via Network):

    For companies needing payroll processing in countries where they may or may not have entities, Lano connects them with its network of over 150 vetted local payroll providers. This is managed through a single service agreement and point of contact within the Lano platform.

  • Payroll Consolidation:

    A standout feature allowing businesses to unify payroll data from all their global sources – including direct employees, EOR hires, contractors, and even their own existing payroll providers – into one centralized platform for standardized reporting, auditing, automation, and enhanced visibility into global workforce costs

  • Contractor Management:

    Provides tools to compliantly manage, onboard, and pay international contractors

  • Global Payments:

    Features the "Lano Wallet" to facilitate payments to employees and contractors worldwide in multiple currencies (reports vary between 28+ and 50+ supported currencies), potentially offering savings on foreign exchange fees.

Platform Features, Flexibility, and Support

Lano's cloud-based platform provides a unified interface for managing these diverse global HR tasks. It emphasizes compliance by relying on the in-country knowledge of its local partners. A key strength is its flexibility; businesses can use Lano's network and platform as a standalone solution or integrate it with their existing HRIS and ERP systems, such as Workday, SAP SuccessFactors, Personio, and HiBob. Users can even bring their current payroll providers onto the Lano consolidation platform. The platform offers real-time reporting and analytics capabilities. Users have also praised Lano's personalized customer support, often involving a single point of contact for issue resolution.

Pricing Structure

Lano offers modular pricing based on the specific services used:

  • Contractor Management: Starts at €20 per contractor per month (billed in Euros).
  • Employer of Record (EOR):Starts at €600 per employee per month.
  • Multi-Country Payroll (via partners): Starts around €300 per month (for up to 5 employees), plus €30 per additional employee per month. A one-time setup fee (around €1000) per connected local provider typically applies.
  • Payroll Consolidation: Starts at €3 per employee per month (a minimum of 100 employees might apply). A free trial is available specifically for this feature.

Limitations

Lano is explicitly not designed for small businesses (under 50 employees, fewer than 3 locations) with simpler needs. A significant drawback for some users is the current lack of a mobile app. While flexible, implementing EOR or multi-country payroll services requires an initial setup time investment, and the multi-country payroll service involves potentially significant per-provider setup fees. The billing for Contractor Management solely in Euros might be inconvenient for businesses operating primarily in other major currencies like USD or GBP.

Conclusion

Lano presents a robust and flexible solution for medium-to-large international organizations grappling with the challenges of global HR, payroll, and compliance. Its strengths lie in its extensive EOR and payroll partner network covering 170+ countries, its unique payroll consolidation capabilities, and its adaptability to integrate with existing systems. It's a compelling choice for businesses needing centralized control over disparate global payroll operations and valuing compliance ensured by local expertise. While not suitable for small businesses or those needing a mobile app, and requiring consideration of its specific pricing structure and setup requirements, Lano offers significant value for companies scaling internationally and seeking to streamline their global workforce management. 

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9.2

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