Fintech PR
Tech Adoption is fuelling the future of Payroll for Irish Businesses, according to SD Worx, formerly Intelligo
– Research shows 64% of Irish companies say technology helped with their preparation, management, and distribution of payroll
– Tech is streamlining data collection and making processes more efficient
DUBLINworkf, Dec. 4, 2023 /PRNewswire/ — The way Irish companies manage payroll is changing, with many turning to technology to find ways of reducing the number of payroll issues they encounter. Nearly 7 in 10 (68.6%) companies say available technologies is making data collection easier, streamlining processes for businesses.
This is according to new research from SD Worx, the leading European HR and people solutions provider. For its 2023 Payroll Proficiency Index, SD Worx surveyed 4,500 companies of all sizes who are active in the most diverse sectors, spread over sixteen countries in Europe: Belgium, Denmark, Germany, Finland, France, Ireland, Italy, Croatia, the Netherlands, Norway, Austria, Poland, Spain, United Kingdom, Sweden, and Switzerland.
The index offers critical insight into payroll performance across the continent, with respondents giving themselves a personal score out of 100 across six core areas of payroll. The index helps to identify some of the biggest challenges facing payroll professionals today.
Payroll Proficiency Index Highlights:
Technology Advancement: Technology is helping erase errors, reducing the number of payroll issues encountered. For example, 68.6% of Irish companies surveyed for the SD Worx Payroll Proficiency report say available technologies make data collection easier. Luckily, payroll software has developed in such a way that it can take over complex payroll processes; 64% of Ireland-based respondents surveyed said technology helped with their preparation, management, and distribution of payroll. This, in turn, removes manual input and leads to fewer mistakes and more data driven insights.
Combining Systems: There is a clear trend for companies in Ireland to combine through integration internal and external systems and technology in their payroll process. For instance, 64.7% of companies surveyed for the Payroll Proficiency Index stated that available technologies and systems make payroll processing easier.
Payroll Outsourcing: Over half (55%) of companies stated that cooperation with an external payroll service provider makes payroll processing easier. The report found that outsourcing payroll to an external provider boasted a range of benefits for companies, particularly when it came to costs. Furthermore, 65.9% of companies found that outsourcing their payroll made data collection and access to/integration with data sources easier.
Eimear Byrne, Ireland Country Lead at SD Worx, comments: “In alignment with the ever-evolving technological landscape, this Index explores the integration of advanced technologies in payroll processes. From automation to artificial intelligence, we’ve evaluated how technology is reshaping the payroll landscape and influencing efficiency and accuracy in Ireland and the rest of Europe.
We’re encouraging all organisations, HR professionals, and payroll practitioners to explore the Payroll Proficiency Index 2023 and leverage its insights to drive excellence in their own payroll operations.”
The index is now available for download on the SD Worx, formerly Intelligo, website.
About SD Worx, formerly Intelligo:
SD Worx, formerly Intelligo, provides our clients with robust payroll solutions through powerful payroll software and outsourced payroll services for SMEs up to large enterprises. Beyond payroll clients can further benefit from integrated HR and Workforce management solutions. ,. Over the years, SD Worx, formerly Intelligo, has become a leading payroll solution provider in Ireland with a reputation built on trust and and for developing and delivering reliable flexible payroll solutions through a knowledgeable, team of payroll experts.
About SD Worx:
In today’s world of fluid work, organisations need a dynamic, motivated workforce empowered by smart technology. As a leading European provider of integrated HR and payroll solutions, SD Worx turns HR and payroll into a source of value for their clients’ business and the people that work for them. SD Worx delivers HR and payroll solutions across the entire employee lifecycle, from paying employees to attracting, employing, rewarding and developing the talent who make businesses succeed. SD Worx powers performance through four core capabilities: software, outsourcing, consultancy, and data-driven insights.
More than 82,000 small to large organisations place their trust in SD Worx and its +75 years’ worth of experience. SD Worx offers its HR and payroll solutions in 150 countries, calculates the salaries of approximately 5.2 million employees and ranks among the top five worldwide. With more than 7,500 employees SD Worx has operations in 26 countries in Europe with HQ in Belgium.
About the Payroll Proficiency Index
How can companies simplify the often-complicated payroll process, which European countries are leading the way in this, and what exactly are the challenges? To provide an answer to this, SD Worx developed the Payroll Proficiency Index. SD Worx surveyed more than 4,500 companies of all sizes who are active in the most diverse sectors, spread over sixteen countries in Europe: Belgium, Denmark, Germany, Finland, France, Ireland, Italy, Croatia, the Netherlands, Norway, Austria, Poland, Spain, United Kingdom, Sweden and Switzerland. This makes the index a useful compass for companies.
For media inquiries, please contact:
Rekha Vishnu-Nagargoje
rekha.vishnu-nagargoje@sdworx.com
+ (353) 1 272 4600
View original content:https://www.prnewswire.co.uk/news-releases/tech-adoption-is-fuelling-the-future-of-payroll-for-irish-businesses-according-to-sd-worx-formerly-intelligo-302004509.html
Fintech PR
CUBE COMPLETES ACQUISITION OF THOMSON REUTERS REGULATORY INTELLIGENCE AND ODEN BUSINESSES
- Acquisition delivers an expanded customer base with a deep global subject matter expertise network that further powers CUBE’s RegBrain AI across its industry proven SaaS RegPlatform™
- CUBE continues to see strong organic customer growth in its well-established enterprise sector whilst also accelerating growth across the mid-market sector
- 2024 was a year of strategic milestones for CUBE including the partnership with Hg, expanding its global footprint across six main hubs, the acquisition of Reg-Room and Thomson Reuters Regulatory Intelligence and Oden businesses, together with pivotal board and executive appointments
LONDON, Jan. 2, 2025 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has today formally announced the completion of its acquisition of the Thomson Reuters Regulatory Intelligence and Oden businesses on 31 December 2024.
The acquisition of these global businesses is another step forward in CUBE’s growth plans as a leader in regulatory intelligence. It will supplement and enhance CUBE’s ability to deliver significant scale across many of the world’s leading and systemically important financial institutions. CUBE’s global customer base will expand to total approximately 1,000 customers in banking, insurance, asset and investment management, payments and adjacent regulated industries.
CUBE’s Founder and CEO, Ben Richmond, said: “The completion of this acquisition is a major milestone for CUBE in a year that has seen many important milestones including our strategic partnership with Hg, the acquisition of Reg-Room, and the acquisition of Thomson Reuters Regulatory Intelligence and Oden businesses.”
“Thomson Reuters is best known in the industry for providing regulatory analysis and subject matter expertise combined with world-leading journalism and news,” said Ben Richmond. “The powerful combination of CUBE’s AI and the years of human generated content curated by Thomson Reuters Regulatory Intelligence and Oden subject matter experts sets us apart in the industry. This new dimension at CUBE will accelerate innovation and drive further growth and opportunity in 2025 and beyond.”
Following the announcement of its strategic partnership with Hg in March 2024, CUBE has now completed two transformational US-based acquisitions across three businesses whilst continuing to assemble a highly experienced executive team. CUBE’s continued impressive growth saw its presence in the enterprise sector surpassing 200 customers and now represents around 40% of Tier 1 financial institutions globally. In the mid-market sector, serving small and medium sized enterprises, CUBE now has near 800 customers.
With this growth CUBE solidified its global footprint by establishing offices across its six main hubs focused on customer support and implementation; with the number of employees at CUBE doubling to near 700 and a comparable increase in the number of countries where CUBE’s employees are located, which now totals 15 countries.
Ben Richmond said: “We are excited to welcome all of our new colleagues to CUBE – 2025 promises to be yet another significant year for the business as we continue to deliver further innovation focused on automating regulatory compliance and risk management for our customers.”
The definitive agreement was originally announced in May 2024 and terms were not disclosed.
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View original content:https://www.prnewswire.co.uk/news-releases/cube-completes-acquisition-of-thomson-reuters-regulatory-intelligence-and-oden-businesses-302341226.html
VICTORIA, Seychelles, Jan. 2, 2025 /PRNewswire/ — In a significant leap forward for digital commerce, KuCoin has unveiled KuCoin Pay, a pioneering merchant solution designed to catalyze business growth by integrating crypto payments into the retail sector. This innovative system bridges the gap between traditional retail and crypto, offering contactless and borderless transactions. Leveraging KuCoin’s robust infrastructure—trusted globally and serving over 37 million+ users – KuCoin Pay is poised to open new opportunities for merchants and users to thrive in the evolving digital economy.
KuCoin Pay is committed to reducing transaction fees and facilitating immediate settlement of crypto payments, simplifying the process for businesses to manage transactions efficiently. The platform supports an extensive range of cryptocurrencies and blockchain networks, significantly broadening the global reach of payments.
The process for merchants is straightforward: integrate KuCoin Pay into their payment systems, allowing customers to complete purchases through KuCoin by scanning a QR code or via the KuCoin app. This integration ensures a frictionless checkout experience, fostering greater consumer confidence and satisfaction.
Additionally, KuCoin Pay is integrated within the KuCoin app, enabling businesses to tap into KuCoin’s extensive user base while simplifying the buying process for everyday items for users. Daily requests such as gift cards and mobile top-ups can be done seamlessly, further promoting widespread crypto adoption.
KuCoin Pay represents a major milestone in driving the mainstream adoption of crypto and marks a pivotal step in KuCoin’s ongoing commitment to enriching the blockchain ecosystem. For more information on KuCoin Pay and how it can transform your business, please visit the KuCoin Pay website.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
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View original content:https://www.prnewswire.co.uk/news-releases/kucoin-launches-kucoin-pay-a-merchant-solution-leading-the-future-of-crypto-payments-302341049.html
NASSAU, Bahamas, Jan. 2, 2025 /PRNewswire/ — On December 31, 2024, the “Menstrual Equity Project” , jointly initiated by KuCoin, Global CSR Foundation, and the American Medical Women’s Association (AMWA), has made new progress. The second batch of aid supplies has been successfully shipped to the Bahamas, providing urgently needed sanitary products for 4,000 local women and effectively improving their quality of life.
The “Menstrual Equity Project” aims to offer sustainable menstrual hygiene solutions to marginalized women and girls, aligning with the United Nations’ Sustainable Development Goals (SDGs). As the oldest multi-specialty medical organization promoting women’s advancement in the medical field and improving women’s health, AMWA’s mission is in perfect alignment with KuCoin’s commitment to social responsibility.
With the support of the Office of the First Lady of Commonwealth of Bahamas H. E. Ann Marie Davis, this round of donated materials focuses on disposable menstrual pads. This decision reflects the local challenges of water scarcity and high washing costs, while also providing essential emergency supplies for women during natural disasters such as hurricanes and typhoons.
Since KuCoin made a firm commitment to social welfare initiatives during the “KuCoin Green Future Gala” at the 28th United Nations Climate Change Conference (COP28) in 2023, the company has actively fulfilled its corporate social responsibilities. The “Menstrual Equity Project” has become a key initiative under this commitment.
In March 2024, the project’s first phase was implemented, distributing 1,000 menstrual kits—each containing 10 sanitary pads and 2 menstrual cups—to Suriname, St. Jude Children’s Research Hospital, and domestic violence shelters in New York and California.
The smooth delivery of the second batch of supplies to the Bahamas will benefit 4,000 women.
Jing Zhao Cesarone，President of Global CSR Foundation, commented:”KuCoin has set a remarkable example in addressing period poverty in underserved regions, demonstrating its enthusiasm and dedication to social responsibility.”
Nancy Cheung, KuCoin’s Chief Sustainability Officer (CSO), emphasized:”As a global leader in the digital economy, KuCoin is committed to advancing the UN’s Sustainable Development Goals (SDGs). Looking ahead, we will continue to focus on key areas such as climate change, health, and education, driving more philanthropic initiatives to fruition. We also plan to expand the scope of the ‘Menstrual Equity Project,’ collaborating with more international organizations to improve women’s living conditions and contribute to global sustainable development.”
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
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View original content:https://www.prnewswire.co.uk/news-releases/kucoin-advances-the-menstrual-equity-project-benefiting-4-000-women-in-the-bahamas-302341084.html
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