[Global] Papaya Global and HiBob HR and payroll solutions partnership

Papaya Global and HiBob have partnered to offer a solution that unifies HR and payroll management for multinational companies, PYMNTS reports.

The partnership will enable customers to automatically sync HR data, eliminating the need for time-consuming manual processes while ensuring transparency, visibility and compliance, according to a September 5 press release from the companies.

HiBob is responsible for the HR platform Bob, powering productivity, engagement and retention, according to the release, while Papaya Global is a dedicated payroll and payments platform for global workforces. Through their partnership, they intend to address the need for robust and compliant HR-integrated payroll solutions, especially for multinational companies.

By connecting HiBob’s HR data to Papaya’s platform, organisations can reportedly integrate HR, paid time off (PTO) and compensation information, allowing for real-time synchronisation of data. Multinational organisations will be able to consolidate and optimise their HR and payroll processes, empowering them to navigate the challenges of managing a global workforce.

In the press release, Eynat Guez - CEO and co-founder of Papaya Global - said, “Papaya harnesses innovation to manage the complexities of a global workforce through its end-to-end solution.” The partnership with HiBob exemplifies its commitment to bringing payroll, payments and HR together while ensuring compliance and transparency worldwide.

Ronni Zehavi - HiBob’s CEO - said the partnership “will be a game changer for companies struggling with payroll complexities in managing their global workforce.”

In a December 2022 interview, Ms Guez told PYMNTS platforms can ensure that compliance and regulations are followed and taxes are paid, as global workforce freelancers and employees earn their wages.

“On the payment side we constantly see more and more regulation on anti-money laundering and global transactions that are being monitored and so on,” Guez said at the time. “And payroll is a very local transaction, but it’s also a timely transaction [for employers]. I need to pay you correctly, I need to pay you exactly on time.”

Source: PYMNTS

(Link and quotes via original reporting)

Papaya Global and HiBob have partnered to offer a solution that unifies HR and payroll management for multinational companies, PYMNTS reports.

The partnership will enable customers to automatically sync HR data, eliminating the need for time-consuming manual processes while ensuring transparency, visibility and compliance, according to a September 5 press release from the companies.

HiBob is responsible for the HR platform Bob, powering productivity, engagement and retention, according to the release, while Papaya Global is a dedicated payroll and payments platform for global workforces. Through their partnership, they intend to address the need for robust and compliant HR-integrated payroll solutions, especially for multinational companies.

By connecting HiBob’s HR data to Papaya’s platform, organisations can reportedly integrate HR, paid time off (PTO) and compensation information, allowing for real-time synchronisation of data. Multinational organisations will be able to consolidate and optimise their HR and payroll processes, empowering them to navigate the challenges of managing a global workforce.

In the press release, Eynat Guez - CEO and co-founder of Papaya Global - said, “Papaya harnesses innovation to manage the complexities of a global workforce through its end-to-end solution.” The partnership with HiBob exemplifies its commitment to bringing payroll, payments and HR together while ensuring compliance and transparency worldwide.

Ronni Zehavi - HiBob’s CEO - said the partnership “will be a game changer for companies struggling with payroll complexities in managing their global workforce.”

In a December 2022 interview, Ms Guez told PYMNTS platforms can ensure that compliance and regulations are followed and taxes are paid, as global workforce freelancers and employees earn their wages.

“On the payment side we constantly see more and more regulation on anti-money laundering and global transactions that are being monitored and so on,” Guez said at the time. “And payroll is a very local transaction, but it’s also a timely transaction [for employers]. I need to pay you correctly, I need to pay you exactly on time.”

Source: PYMNTS

(Link and quotes via original reporting)