Payroll Growth Partners (PGP) has announced the launch of new-age payroll products for clients served by companies in its rapidly expanding portfolio. With PGP’s recent investment in PayBridge, employees utilizing its platform will gain access to next-generation payroll services, including PayCards, real-time payroll, and early access to pay. This upgrade is designed to future-proof traditional enterprise-level payroll platforms and empower Human Capital Management (HCM) providers to meet the demands of a new generation of employees expecting real-time payroll and instantaneous payments.
Recommended: HR Tech Interview With John Pearce, Senior Vice President, Payroll Operations At CloudPay
“Another step towards our north star – a global real-time payments ecosystem that transforms how businesses, employees, and consumers transact and invest”
Simon Babakhani, Managing Partner and founder of Payroll Growth Partners, expressed excitement about the new addition, saying, “We are thrilled to bring PayBridge into our family and are heavily focused on continuing to upgrade its tech stack. Our priority is to offer PayBridge clients and their employees new features, like daily pay and instant access to earnings through a payment card, in partnership with HCM technology leaders such as Asure (ASUR) and Zebec.”
“As we grow our portfolio both organically and through new deals, we are excited to move forward with our vision to accelerate global adoption of real-time payroll technology and rendering traditional by-weekly and monthly payroll cycles obsolete.” added Babakhani.
Tony Chiviles, President and founder of PayBridge, believes the partnership with PGP and Zebec is a logical progression. “It provides PayBridge with access to exceptional new tech talent, which will enhance our technology and growth as we deliver groundbreaking products and services that are reshaping the payroll industry in the US.
Recommended: Bolstering Revenue And Resilience: Integrating CX & EX
“Our development team is close to launching upgraded payroll features for the enterprise-level payroll platforms of PayBridge and other PGP companies, starting with mobile on-demand pay App and payroll card integration,” – said Aniruddha Dasgupta, Head of Product Innovation for PGP. “Another step towards our north star – a global real-time payments ecosystem that transforms how businesses, employees, and consumers transact and invest,” Dasgupta continued.
HR Technology News : HR Technology Highlights – HR Tech Daily Round-Up For 16th June 2023
[To share your insights with us, please write to sghosh@martechseries.com]