Vialto Partners chooses Certino as shadow payroll platform

Increased remote and cross-border working, new technology and the breakup of the Big Four are creating new opportunities in the global mobility supply chain.

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The latest development in the sector as companies leverage their internationally mobile workforces with strategic intent is the announcement that Vialto Partners, formerly PwC’s Global Mobility Services business unit, will use Certino’s cloud-based software-as-a-service platform (SaaS) to help global clients efficiently optimise their host-country tax compliance.Shadow payroll enables employers to meet host country payroll tax payments and reporting obligations when their employees are working abroad. With international working on the rise and tax rules in flux, accurately calculating shadow payroll is becoming increasingly complex, yet critical for keeping global organisations compliant and fulfilling their ESG goals.
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Secure, end-to-end shadow payroll solutions

The addition of Certino to the Vialto digital platform will enable clients to streamline often-manual processes and make them practically instantaneous as well as compliant and secure.Vialto selected Certino for the scale, security and simplicity of its solution. Already covering 93 jurisdictions with more planned, Certino “is the most comprehensive shadow payroll solution available”, according to the company.Its back-end technology ensures that no client data stays on the platform, enabling Vialto to retain full control of sensitive client information. The platform can also be seamlessly integrated into Vialto’s broader technology ecosystem, providing a seamless experience for clients.

Capitalising on the growth of global mobility

The partnership marks a new era in Vialto’s history. In May, Vialto Partners formally announced the completion of its sale from PwC to private equity funds affiliated with Clayton, Dubilier & Rice (CD&R).When the sale was announced in October 2021, Russ Fradin, CD&R Partner, former CEO and Chairman at Aon Hewitt and now chairman of the new standalone company, pointed to the bright future of global mobility and the return of business travel, as well as the role of technology in meeting clients’ needs.“The Global Mobility Tax and Immigration Services business has significant global capabilities to support emerging trends and complexities in talent mobility,” said Russ Fradin. “The business is well positioned to capitalise on the future growth of global employee mobility, as companies and economies rebound from the pandemic.“The return of business travel, emerging mobile work patterns, and the heightened need for compliance in a complex business and regulatory environment will drive significant need for a globally integrated provider with a sophisticated digital platform. We are excited to partner with a very talented team to unlock their potential as a free-standing enterprise.”

Navigating compliance through complexity

The selection of Certino represents Vialto’s ongoing investment in technologies to create a more efficient, end-to-end mobility experience for organisations and their mobile employees.“Vialto continues to deliver on its promise to bring fully integrated solutions that create a leap in value for our clients, while improving the experience and reducing the associated burden of managing and navigating through a complex cross-border environment,” said Samir Mammadov, Chief Growth Officer with Vialto.  Richard McBride, CEO of Certino, said, “To be chosen as the first and only shadow payroll provider to Vialto is a huge compliment to our team and our product. Our goal is to bring unrivalled accuracy and speed to Vialto’s new business and we look forward to delivering an enhanced customer experience to all current and future clients. The partnership provides the opportunity to drive more value for clients by providing an end-to-end tax compliance experience through one single, sophisticated digital platform.”"We continue to select and integrate best-in-class digital solutions that provide outstanding value to the organisations we serve and are pleased to incorporate Certino's shadow payroll technology into our comprehensive suite of offerings," said Shawn McGrath, a partner with Vialto.

Read more mobility industry news. Subscribe now to Think Global People magazine; in the autumn 2022 issues, due to be published mid-September, Marianne Curphey reports on how finance directors and Global Mobility leaders can better partner for success.

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