HiBob and Papaya Global Partner on HR and Payroll Solutions

HiBob and Papaya Global have partnered to offer a solution that unifies human resources (HR) and payroll management for multinational companies.

The integration of their capabilities will enable customers to automatically sync HR data, eliminating the need for time-consuming manual processes while ensuring transparency, visibility and compliance, the companies said in a Tuesday (Sept. 5) press release.

HiBob is the company behind Bob, an HR platform that powers productivity, engagement and retention, according to the release. Papaya Global is a dedicated payroll and payments platform for global workforces. Together, they aim to address the need for robust and compliant HR-integrated payroll solutions, especially for multinational companies.

Papaya Global’s unified platform streamlines global payroll and payments for organizations operating internationally, the release said. With its presence in over 160 countries, Papaya Global provides a user-friendly platform that consolidates and optimizes people and payroll processes. By connecting HiBob’s HR data to Papaya’s platform, organizations can easily integrate HR, paid time off (PTO) and compensation information, allowing for real-time synchronization of data.

The strategic collaboration between HiBob and Papaya Global will unlock new opportunities for customers, helping them improve operational efficiency and maintain agility in today’s evolving business landscape, per the release. Multinational organizations will be able to consolidate and optimize their HR and payroll processes, empowering them to navigate the challenges of managing a global workforce.

Eynat Guez, CEO and co-founder of Papaya Global, said in the release, “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, CEO at HiBob, said the partnership “will be a game changer for companies struggling with payroll complexities in managing their global workforce.”

Platforms can ensure that compliance and regulations are followed, and taxes paid, as global workforce freelancers and employees earn their wages, Guez told PYMNTS in an interview posted in December 2022.

“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.”