What is our primary use case?
I use Deel to create profiles, sign contracts, and handle payroll, which are the main functions I rely on.
First, I create a profile for payroll or contracts. For example, I create a new contractor and set up their email, contract details, and specify whether they are a contractor or employee, if they are fixed-rate, hourly, or milestone-based. Deel has a standard agreement that we use without modification. We have reviewed that agreement with our lawyer, and it is perfect, so there is no need for modifying it. After creating the contract, it has to be signed by our CEO. Once it is signed by the CEO, then I send the invite to our contractor. The contractor receives an invite from Deel and has to follow the steps. Deel has an onboarding process that includes signing the contract and filling up forms. For example, if someone is out of the US, then they have to fill the W-8BEN form and add some details. Deel also verifies identity, and if necessary, they request some extra documentation according to the country where the person lives. After that, everything is set up for a new contractor to begin working with us.
Then, for payroll, about 10 days before the end of each month, Deel automatically creates every single invoice so I can review, modify, or do anything that I need. Then I can make the payment, and that is it.
The payroll is really fast. Once everything is done on Deel, I share with my CEO the code and the amount, and he makes a bank transfer. In about an hour or even less, every single contractor gets paid, and that is amazing because when you are a contractor, what you expect at the end of the month is your payment, and we have never had any problem with that.
What is most valuable?
The part I love the most about Deel is the contract feature because there is no need to use another platform like DocuSign, which is a great platform, but if you have everything here on Deel, that is even better. That is something I appreciate the most, and I also appreciate that you do not have to worry about compliance because that is something that Deel takes care of.
I find the contract feature so valuable compared to using another platform because they have an option when you invite a new contractor; they have to submit their documentation, such as ID verification and taxes. That is also an important one. When we are hiring contractors, we do not care about that because our goal is to pay them, and that is it. But Deel is always taking care of the contractor, so that is another plus.
Deel has positively impacted my organization because at the beginning, when I started here at FX Replay as HR Coordinator, they were not using Deel. To make payments, I had to run around to catch or find my CEO to make the payment, and it was annoying. It also took so long because when you make a bank transfer internationally, it takes up to two days, sometimes even more. With Deel, we do not have that problem. The contracts were also complicated; I had to manually modify every single contract to share with the new contractor and wait for DocuSign, then send it to the contractor, and it was a long process. Now that we have everything automatically in Deel, we save a lot of time, and we can have someone ready to work with us in about a day.
Now, paying contractors takes about 30 minutes; before, it used to take two or three days.
What needs improvement?
For now, I do not think there is something that Deel could do better than they do now. Last week, they contacted me to check some new features on the platform, and I was selected to check that. I am a beta user for Deel, and that is amazing because I am aware of every single new feature they are launching on the platform. That is why I do not see any improvement; they are constantly improving the platform.
Right now, they are keeping up with everything.
For how long have I used the solution?
I have been using Deel for two years.
What do I think about the scalability of the solution?
Deel's scalability is great; they can handle growth and more users easily. They have a really great support team, and our Customer Support Manager is always on top of everything that we need, so they can handle it for sure.
How are customer service and support?
The customer support is one of the things I love the most about Deel. We as FX Replay have our own CSM, Customer Support Manager. This person from Mexico is always taking care of me, and every time I have a question, we have a meeting where she explains everything to me. She is always there for me, always taking care, and always providing solutions. They also have an AI tool on the platform that can answer all your questions, and if the AI is not providing enough information, you can contact your CSM to solve it with no problem.
Which solution did I use previously and why did I switch?
Deel was the first solution we used for payroll or contracts. We have received invites and seen many other platforms, but they are not as user-friendly as Deel, and that is why we have not changed from Deel.
What was our ROI?
I do not think we have seen a return on investment, but we have saved a lot of time. Right now, time is money, and when you are in a startup, it is all about time. The biggest saving we have had is about time. We are not necessarily hiring fewer employees. In fact, we are increasing and hiring more people, but specifically for HR, which is me, there is no need for hiring another person because I can do it myself.
What other advice do I have?
What I could talk about is about support.
Regarding pricing, setup cost, and licensing, as we have grown a lot, many other companies have contacted the CEO to offer their services. The people from Deel told me, "If you ever have a new proposal, just let us know, and we can see what we can do." It has worked because every time I receive a new contact for a competitor of Deel, we get together, I show them what they are offering me, and they try to make it better for us, discussing pricing, so that is amazing. They always keep us happy and up-to-date with everything.
My advice for others looking into using Deel is to be honest and transparent with your information. Provide Deel with every tip or single thing that they need or want to improve. For example, if there is something that another company is looking for and Deel does not have it yet, be sure that they will be working on trying to get this and provide a solution.
I would rate this review a 10 out of 10.
Which deployment model are you using for this solution?
Public Cloud
If public cloud, private cloud, or hybrid cloud, which cloud provider do you use?
Other