Lano, a comprehensive platform designed for businesses seeking to manage remote workforces globally, offers a broad range of services that cater to the growing demand for international talent management. As the remote work landscape continues to evolve, Lano positions itself as a key player for businesses needing to hire, manage, and pay employees or contractors across borders, all while staying compliant with local regulations. In this review, we will explore Lano services, pricing structure, and standout features.
Overview of Lano services
Lano is a robust global employment platform with a clear focus on streamlining the complexities associated with hiring international teams. Its services fall into four main categories:
1. Global hiring
Lano simplifies the process of hiring international employees and contractors, allowing businesses to scale without the legal and administrative burdens typically associated with cross-border employment. With its Employer of Record (EOR) service, Lano acts as the official employer in various countries, ensuring legal compliance with local laws and regulations. This is a major boon for businesses looking to expand globally without setting up local entities in each region.
2. Global payroll
Managing payroll across multiple jurisdictions is notoriously challenging due to different tax laws and payment cycles. Lano’s global payroll service ensures businesses can pay employees and contractors efficiently and in compliance with local regulations. It consolidates payroll operations, offering multi-currency payments and ensuring accurate calculations based on local tax laws and contributions.
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3. Contractor management
Lano provides tools for onboarding, managing, and paying contractors across the globe. This service includes contract generation, time tracking, and streamlined payment processes, all of which ensure smooth and compliant contractor engagements. Additionally, Lano enables businesses to manage freelance contracts in line with the latest legal standards.
4. Team management
Aside from payroll and hiring, Lano offers a suite of tools designed to support the overall management of a global workforce. These include features for compliance management, centralised documentation, and performance tracking. The platform’s dashboard provides businesses with clear visibility into their international teams, helping to keep operations aligned with corporate goals.
Read on for our full Lano review.
Pricing structure
| Service | Pricing | Details |
|---|---|---|
| Payroll consolidation | From 300€/month (first 100 employees) From 3€/month (<100 employees) | One-time setup fee of 1000€ per entity. Includes monitoring payroll for all entities, automating payroll processes, paying all employment types, multi-entity reporting, and more. |
| Multi-country payroll | From 300€/month (1-5 employees) From 30€/employee/month (>5 employees) | One-time setup fee of 2000€ per entity. Includes global payroll management, local partners in 170+ countries, multi-currency payments, and volume discounts available. |
| Employer of Record (EOR) | From 600€/employee/month | Employ in 170+ countries without an entity, locally compliant contracts, access to local tax and HR expertise, visa and immigration support, and no costly legal and payroll setup. |
| Contractor management | From 20€/contractor/month | Includes compliant contracts in 170+ countries, onboarding, invoicing, paying contractors in local currency, free local payments in 28 currencies, and streamlined invoice approval. |
| Integrated payments | Included | Pay all teams in one place, free local payments in 28 currencies, competitive exchange rates, fast cross-border payments, and integrations with HR and finance systems. |
Lano’s pricing model reflects its flexible service offering. The company operates on a tiered pricing structure, allowing businesses to choose plans that suit their scale and specific needs. Here’s a breakdown of their pricing:
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- Contractor management: For companies primarily working with freelancers or contractors, Lano offers a contractor management service starting at a competitive price point. This typically includes tools for contract creation, compliance, and payment processing.
- Employer of Record (EOR): The cost of Lano’s EOR service varies by country and the number of employees. It typically involves a monthly fee per employee, which includes payroll management, tax compliance, and employment contracts. This model is ideal for businesses looking to hire permanent staff in multiple countries without setting up legal entities.
- Global payroll: Businesses can also opt for payroll-only services. The pricing is dependent on the number of employees and the complexity of the payroll operations (i.e., multi-currency payments or local tax laws). This model is typically more affordable for small- to medium-sized businesses managing fewer employees in select countries.
Key features of Lano – Review
Lano offers several standout features that make it a top choice for businesses managing international teams:
- Multi-currency payments: Lano enables businesses to pay employees and contractors in their preferred currency, reducing the need for currency conversion and ensuring timely payments.
- Compliance management: A core feature of Lano is its focus on compliance. The platform ensures all employment and payment processes adhere to local labour laws, tax regulations, and international standards.
- Integration capabilities: Lano integrates with various other software tools, such as accounting and HR systems, ensuring seamless workflow management across different departments.
- Customisable contracts: With the built-in contract creation tool, businesses can generate compliant contracts for both employees and contractors, reducing the risk of misclassification and legal challenges.
- User-friendly dashboard: The platform’s intuitive dashboard gives businesses a comprehensive view of their global workforce, from payroll statuses to compliance checks, making it easier to manage large teams across different locations.
Pros and cons of Lano
Pros:
- Comprehensive global services: Lano’s all-in-one solution covers the entire lifecycle of global employment, from hiring to payroll, making it an ideal platform for businesses expanding internationally.
- Compliance focus: The platform’s compliance features significantly reduce the legal and administrative burden associated with global hiring and payments.
- Customisable services: Lano’s modular approach means businesses can pick and choose the services that suit their specific needs, avoiding unnecessary costs.
Cons:
- Price: While Lano’s tiered pricing allows flexibility, the relatively expensive pricing can be a drawback for businesses seeking more budget-friendly estimates.
- Complex setup for small businesses: For smaller companies or those with limited international needs, Lano’s platform may feel overwhelming, given the breadth of its features.
Conclusion – Lano review
To conclude our review, Lano is a powerful solution for businesses looking to manage global teams efficiently and compliantly. With its comprehensive service offering—from EOR and global payroll to contractor management—it provides a seamless experience for handling the complexities of international employment.
However, the relatively high pricing could be a deterrent for smaller businesses or those at the initial stage of their global expansion journey.
For companies with ambitious international growth plans, Lano offers the tools and support necessary to scale operations while ensuring compliance with local regulations.
FAQ – Lano review
Yes, Lano offers support for managing employee benefits in line with local regulations. Through partnerships with local experts in various countries, they help businesses provide compliant benefit packages, such as healthcare, pensions, and other statutory benefits, ensuring a seamless process for global teams.
Lano assists with tax compliance by managing payroll in accordance with local tax laws. They ensure proper tax deductions, filings, and payments to relevant authorities, simplifying the complexity of navigating different tax systems across multiple countries for global employees and contractors.
Lano typically offers flexible contract terms based on business needs. Although the specifics may vary depending on the service package, businesses can usually engage with Lano on a month-to-month basis, with options to scale services up or down as required, without long-term commitments.
Lano provides access to local legal expertise through their global network of partners. They help ensure compliance with local employment laws, offering businesses guidance on contracts, labour disputes, and other legal matters to mitigate risks and resolve any issues that may arise.
Yes, Lano offers integrations with various HR, payroll, and finance tools, allowing businesses to streamline operations. These integrations help ensure a seamless workflow, enabling businesses to manage global teams without needing to switch between multiple platforms or manual processes.
Lano prioritises data security and complies with stringent regulations, including GDPR. The platform uses encryption, secure data storage, and best-in-class security protocols to protect sensitive information related to employee details, payroll, and payments, ensuring compliance with global data protection standards.
Yes, Lano assists businesses with visa and immigration processes for employees. Their local expertise helps guide companies through the complexities of immigration law in different countries, ensuring employees can be legally relocated and start working without delays or legal complications.
Lano is scalable and can cater to businesses of all sizes. While larger companies benefit from the platform’s advanced features, small businesses can also utilise Lano’s services for international hiring and payroll, with flexible pricing options tailored to their operational scale.
Lano provides comprehensive reporting tools that give businesses insights into their global workforce. These include payroll data, compliance statuses, and workforce performance metrics, helping companies make informed decisions about staffing, budget allocation, and expansion strategies based on real-time information.
Lano’s platform supports multiple languages to cater to global teams. This ensures that employees, contractors, and HR teams can access the platform in their preferred language, making the user experience smoother and improving communication across international operations.