Paybix provides an AI-enhanced SaaS platform designed to automate and unify global payroll and HR processes for multinational enterprises. The system centralizes payroll execution across various countries while acting as a secure integration hub for HCM and local payroll providers. This unified approach eliminates manual processes, provides real-time visibility, and strengthens compliance across international operations.
Funding
$3.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Multinational companies often struggle with fragmented payroll processes due to the need to manage multiple in-country payroll providers and systems. This complexity leads to inefficiencies, increased risk of errors, and difficulties in obtaining a consolidated view of global payroll data.
Solution
Paybix offers Epix, a unified global payroll platform that integrates with existing in-country payroll providers (ICPs) to streamline multi-country payroll processing and reporting. Epix acts as a central hub, connecting global ambition with local expertise, providing a single point of access for managing payroll operations across different countries. The platform integrates with HR, time & attendance, and payroll systems worldwide, offering a real-time experience and ensuring accurate data exchange. By eliminating the need for multiple local systems and manual data exchanges, Epix enhances efficiency, improves compliance, and provides detailed insights into global labor costs.
Target Audience
Paybix primarily targets payroll, HR, and finance teams within small and mid-sized multinational businesses with up to 500 employees per country.
Features
- Integration with existing in-country payroll providers, maintaining direct access to their expertise.
- A centralized platform for managing payroll across multiple countries.
- Seamless integration with HR, time & attendance, and HCM systems.
- Real-time data processing and reporting.
- Consolidated view of global payroll data, including core HR data and cross-country reporting.
- Automated data exchange with in-country payroll providers.
- Connectivity with various systems to eliminate manual interventions.