![[Global] TransPerfect acquires Paybooks Technologies](http://globalpayrollassociation.com/cdn/shop/articles/bigstock-Online-Banking-And-Digital-Mon-453857983_1_1200x.jpg?v=1728428896)
NYC-based provider of language and AI solutions for global business TransPerfect has announced the acquisition of Paybooks Technologies, a Bangalore, India-based provider of HR, payroll and compliance solutions, FinSMEs reports.
Paybooks was founded in 2012, the company is led by CEO Samira Rao, COO Gururaja Upendra, and CPO Prakash Kumar.
It has reportedly built a comprehensive payroll, compliance and payments platform to automate employer-employee financial touch points. Paybooks is used by global leaders to integrate their accounting/HCM applications with payroll.
Paybooks launched India’s first payments-integrated payroll, offering end-to-end solutions with leave and absence, reimbursements, rostering, loans and advances, benefits and a self-service portal for employees and managers.
TransPerfect provides language and AI solutions for global business. With offices in over 140 cities on six continents, it offers a full range of services in 200+ languages to a worldwide client base. More than 6,000 global organisations employ its technology to simplify multilingual content management.
The company also has regional headquarters in London and Hong Kong. With the acquisition, TransPerfect will expand its offerings.
The amount of the deal was not disclosed.
Source: FinSMEs
NYC-based provider of language and AI solutions for global business TransPerfect has announced the acquisition of Paybooks Technologies, a Bangalore, India-based provider of HR, payroll and compliance solutions, FinSMEs reports.
Paybooks was founded in 2012, the company is led by CEO Samira Rao, COO Gururaja Upendra, and CPO Prakash Kumar.
It has reportedly built a comprehensive payroll, compliance and payments platform to automate employer-employee financial touch points. Paybooks is used by global leaders to integrate their accounting/HCM applications with payroll.
Paybooks launched India’s first payments-integrated payroll, offering end-to-end solutions with leave and absence, reimbursements, rostering, loans and advances, benefits and a self-service portal for employees and managers.
TransPerfect provides language and AI solutions for global business. With offices in over 140 cities on six continents, it offers a full range of services in 200+ languages to a worldwide client base. More than 6,000 global organisations employ its technology to simplify multilingual content management.
The company also has regional headquarters in London and Hong Kong. With the acquisition, TransPerfect will expand its offerings.
The amount of the deal was not disclosed.
Source: FinSMEs