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Vistra announces the completion of its acquisition of iiPay, creating a global payroll market leader.

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Dual recognition from Everest Group and NelsonHall reaffirms Vistra and Vistra+iiPay as a top-tier global payroll provider

Global Star Performer in Everest Group’s PEAK Matrix for second consecutive year, and Leader in NelsonHall NEAT report, underscore Vistra’s expanded capabilities and technology-led approach to multi-country payroll.

London, 13 October 2025 – Vistra, a leading provider of essential business solutions that help organisations to invest and grow efficiently and compliantly across the world, today announced its dual recognition as a top-tier global payroll provider in two of the industry’s most prestigious benchmark reports: Everest Group’s Multi-country Payroll PEAK Matrix® and the NelsonHall Vendor Evaluation & Assessment Tool (NEAT).

Vistra has been named a Global Star Performer in the Everest Group Multi-Country Payroll PEAK Matrix® Assessment 2025, marking the second consecutive year the company has been featured in this global benchmarking. Simultaneously, Vistra has received continued recognition as a ‘Leader’ in the NelsonHall NEAT for Payroll Services 2025.

These accolades highlight Vistra’s commitment to putting clients at the forefront, delivering compliant, flexible, and technology-driven payroll solutions. Following its recent acquisition of iiPay, the analysts also point towards a bright future highlighting Vistra’s accelerated global payroll capabilities, technological scale and regional presence, particularly in the Americas and EMEA.

“To be recognised by these leading analysts at Everest Group and NelsonHall validates our vision and roadmap to digitalising our payroll services and creating a world-class platform for our global payroll clients,” said Allan Harness, Vistra Payroll & HR Director. “As we continue integrating with iiPay, we look forward to strengthening our mid-market and enterprise presence and further advancing our strategic goals in the coming year.”

Key strengths highlighted in the reports include:

  • Global scale with local expertise: Payroll delivery supported by regional hubs in India, Hungary, Mexico, and the US, ensuring localised service and compliance accuracy.
  • Modular and flexible service models: Clients can choose from fully managed payroll outsourcing to SaaS payroll technology solutions, allowing them to optimise payroll management according to their operational maturity.
  • Technology and integration leadership: Modernised platforms offer refreshed interfaces, customisable dashboards, and employee self-service in over 20 languages. The platforms feature strong integration with leading global HCM solutions like Workday and robust General Ledger capabilities.
  • Expanded capabilities post-acquisition: The acquisition of iiPay added approximately 350 payroll specialists, expanded in-country presence, and brought additional global payroll platform IP, strengthening Vistra’s market position.
  • Proven client satisfaction: Vistra demonstrates high client satisfaction, maintained through dedicated account management and proactive engagement strategies.

This recognition reaffirms Vistra’s position as a formidable force in the global payroll landscape. With a clear five-year roadmap focused on digitalisation and platform integration, plus its latest acquisition, Liz Rennie from NelsonHall notes that Vistra becomes “a significant multi-country payroll vendor, shaking up the market.”

Curtis Holmes, Executive Vice President, Payroll & HR, at Vistra and former-CEO of iiPay commented, “Huge congratulations to my new colleagues for these outstanding recognitions from Everest Group and NelsonHall. We are truly excited about the alignment and synergies created by the integration of iiPay into Vistra. Together, we are now positioned to serve an even broader client base and deliver enhanced value through our strengthened global technology platform strategy. We look forward to seeing our clients benefit from the expanded capabilities and innovation that our combined teams can offer as we continue to lead the way in global payroll solutions.”

For further information, please contact: 

Ellie King

media.enquiries@vistra.com

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