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PYG, PayGroup Limited
ShareCafe Admin
post Posted: Jul 26 2021, 11:14 AM
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HGW presentation up.

PayGroup - Payroll platform centred on Asia

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Admin

 
ShareCafe Admin
post Posted: Jul 19 2021, 03:06 PM
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Chief Commercial Officer Sachin Goklaney to present at this Friday's (23/07/21) Hidden Gems Webinar.

Register HERE.

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Admin

 
nipper
post Posted: Jun 5 2021, 09:42 AM
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In Reply To: nipper's post @ Feb 21 2021, 03:16 PM

SC has an article on PayGroup, with the CEO
https://www.sharecafe.com.au/2021/06/04/pay...tpace-pandemic/
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The highlight of the ... FY21 result was a breakthrough to positive full year EBITDA of $1.6 million, improving $2.2 million on the figure for FY20, driven by revenue growth, increased cost efficiencies, and enhanced operating leverage.

PayGroup operates a Software as a Service (SaaS) payroll and HCM (human capital management) platform aimed at Asia Pacific businesses. The company handles payroll and human resource services for more than 2,100 customers (1,100 companies and organisations) in 41 countries, across the Asia Pacific region. In FY21, PayGroup handled more than 5.4 million payslips, the bulk of its more than 6 million transactions.
It is business process outsourcing, but in particular, it is solving a pain point for multinational corporations. As these grow across multiple jurisdictions, payroll becomes a complex and costly jumble of different tax laws, reporting obligations, languages, currencies, time zones, and even banking hours, making it hard to streamline processes and manage them accurately. PayGroup's solutions do this for them....




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Feb 21 2021, 03:16 PM
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In Reply To: nipper's post @ Aug 22 2020, 06:54 PM

Trading conditions improve for AstuteOne as Employment Rebounds in Australia and New Zealand

PayGroup released its updated FY21 sales data in the week commencing 4 January 2021. and here they are :
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  • Total Contract Value of $8.2m signed in the nine months to 31 December 2020 (Q1-Q3 FY21; 200% increase PCP - $4.1m FY20)
  • $2.8m of TCV signed in Q3 FY21 (a 115% increase on PCP – $1.3m in Q3 FY20)
  • Continued record sales growth for SwaS, SaaS and Treasury Services
  • Strong momentum exiting FY21 and entering FY22 – over 115 new client entities signed during the nine months to 31 December 2020, and further development supported by strongest sales pipeline




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Aug 22 2020, 06:54 PM
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Headquartered in Melbourne, Australia, PayGroup Limited (ASX: PYG).
QUOTE
The Group is a provider of Software with a Service (SwaS) payroll solutions and APP enabled Cloud (Software as a Service or SaaS) Human Capital Management (HCM) platform for multinational companies. Clients are typically medium to large multinational companies with employees in multiple countries across Asia Pacific.

The Group operates as a trusted partner to perform the outsourced payroll process for the client employees, contractors , banking, treasury, lodgement of statutory submissions including taxation, superannuation, pension, provident funds, and other social benefits.

Beyond its SwaS Payroll Services, the SaaS HCM software platform supports clients in managing aspects of their employees life cycle, plus regional and mobile-enabled workflows for critical processes (such as employee and manager self service, leave management and expense management).


paygrouplimited.com

The company started in Asia has maintained its Pan Asian focus, utilising India and Philippines to grow the business. The first leg is PayAsia group of companies, including an Aust presence.... it has 875 client entities across the Middle East, subcontinent and SE Asia.

Listed on ASX in May 2018 and acquired Astute One at end of that year.. Astute is the second leg of the biz; it is a leading SaaS platform provider to workforce management companies and the corporate sector, with over 300 clients in Australia and New Zealand.

There is a fifteen minute webinar available:

https://www.sharecafe.com.au/2020/08/21/pay...r-presentation/



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
 



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