[Hungary] iiPay opens new operation in Budapest in ongoing global expansion

[Hungary] iiPay opens new operation in Budapest in ongoing global expansion
12 Feb 2020

Integrated International Payroll (iiPay) - a market leader in cloud-based global payroll and technology services - has announced the opening of a new office in Budapest, in a continuation of its global expansion, Yahoo! Finance reports.

"The demand for innovative global payroll solutions is increasing rapidly as we continue to invest in our solution, people and technology," Tim Jakob - CFO of iiPay - said, "Opening the Budapest operation provides the opportunity to attract key experienced talent with international payroll expertise to deliver a differentiated global payroll solution with unparalleled service to our global clients. Global corporations have chosen to partner with iiPay when anticipating an expansion of their workforce in key global locations because of our centralised solution paired with in-country expertise."

The past year saw client and revenue growth of over 60 per cent for iiPay.  Opening a Budapest office is a move in line with the company’s global growth strategy. The Budapest office will support the creation of 60 new jobs in Implementation and Operations in the first half of 2020. The site will also host supporting functions in the field of Human Resources, Recruitment, Sales and Marketing or IT and Product Development, according to current plans.

In the months to come, iiPay anticipates further expansion over the coming months in other parts of Europe and the Asia Pacific region. The company considers this strategically important as an increasing number of businesses choose iiPay to centralise global payroll in organizations that struggle with multiple platforms in each country.

Mr Levente Magyar - Deputy Minister of Foreign Affairs and Trade - said, "We are excited to see iiPay join the distinguished roster of companies who have chosen Budapest, Hungary as their major operations centre. Hungary offers a highly educated and skilled workforce combined with a business-friendly atmosphere to facilitate and promote business service activities and high value-added services."

Source: Yahoo! Finance

Integrated International Payroll (iiPay) - a market leader in cloud-based global payroll and technology services - has announced the opening of a new office in Budapest, in a continuation of its global expansion, Yahoo! Finance reports.

"The demand for innovative global payroll solutions is increasing rapidly as we continue to invest in our solution, people and technology," Tim Jakob - CFO of iiPay - said, "Opening the Budapest operation provides the opportunity to attract key experienced talent with international payroll expertise to deliver a differentiated global payroll solution with unparalleled service to our global clients. Global corporations have chosen to partner with iiPay when anticipating an expansion of their workforce in key global locations because of our centralised solution paired with in-country expertise."

The past year saw client and revenue growth of over 60 per cent for iiPay.  Opening a Budapest office is a move in line with the company’s global growth strategy. The Budapest office will support the creation of 60 new jobs in Implementation and Operations in the first half of 2020. The site will also host supporting functions in the field of Human Resources, Recruitment, Sales and Marketing or IT and Product Development, according to current plans.

In the months to come, iiPay anticipates further expansion over the coming months in other parts of Europe and the Asia Pacific region. The company considers this strategically important as an increasing number of businesses choose iiPay to centralise global payroll in organizations that struggle with multiple platforms in each country.

Mr Levente Magyar - Deputy Minister of Foreign Affairs and Trade - said, "We are excited to see iiPay join the distinguished roster of companies who have chosen Budapest, Hungary as their major operations centre. Hungary offers a highly educated and skilled workforce combined with a business-friendly atmosphere to facilitate and promote business service activities and high value-added services."

Source: Yahoo! Finance

Leave a Reply

All blog comments are checked prior to publishing