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iiPay Opens Operations in Budapest, Hungary As Accelerated Growth Drives Geographic Expansion

“Innovative global payroll demand is increasing rapidly, driving our expansion in Budapest to attract talent with global payroll expertise,” said Tim Jakob, CFO of iiPay. “Global firms choose iiPay for our unparalleled solution, partnership, centralized technology and in-country expertise.”

DALLAS and CHELTENHAM, United Kingdom (PRWEB) February 10, 2020
Integrated International Payroll (iiPay), a market leader in cloud-based global payroll and technology services, announced today its continued global expansion with the opening of their new office in Budapest, Hungary.
“The demand for innovative global payroll solutions is increasing rapidly as we continue to invest in our solution, people and technology,” said Tim Jakob, CFO of iiPay. “Opening the Budapest operation provides the opportunity to attract key experienced talent with international payroll expertise to deliver a differentiated global payroll solution with unparalleled service to our global clients. Global corporations have chosen to partner with iiPay when anticipating an expansion of their workforce in key global locations because of our centralized solution paired with in-country expertise.”
iiPay just completed a year of significant client and revenue growth of over 60 percent. Opening the Budapest office aligns with iiPay’s global growth strategy. During the first half of 2020, the Budapest office will support the creation of 60 new jobs in Implementation and Operations delivering international vendor managed and in-house Payroll Services and expertise to our global client portfolio with a focus on the EMEA market. According to the plans the site will also host supporting functions in the field of Human Resources, Recruitment, Sales and Marketing or IT and Product Development.
The company anticipates further expansion over the coming months in other parts of Europe and the Asia Pacific region. This is strategically important as more companies choose iiPay’s unique solution to centralize global payroll in organizations that struggle with multiple platforms in each country.
“We are excited to see iiPay join the distinguished roster of companies who have chosen Budapest, Hungary as their major operations center. Hungary offers a highly educated and skilled workforce combined with a business-friendly atmosphere to facilitate and promote business service activities and high value added services,” said Deputy Minister of Foreign Affairs and Trade Mr. Levente Magyar.
iiPay’s significant growth recently earned the distinguished honor of being selected as a winner of the 2019 Dallas 100TM Awards from the Caruth Institute for Entrepreneurship at the SMU Cox School of Business. This award is yet another sign of iiPay’s continued investment in building technology and supporting clients with highly knowledgeable people.
About iiPay:iiPay is a service-driven global payroll provider, enabled through our innovative proprietary SaaS-based technology. iiPay’s technology empowers data management and supports business intelligence in payroll. Focused on outcomes, iiPay reduces complexity, centralizes and simplifies multi-country payroll systems, solves global reporting and ensures compliance in every country where our clients’ employees operate. iiPay’s partnership approach means that we are an extension of our client’s payroll team. We work side-by-side with our clients to provide an agile, flexible, and compliant solution that can be scaled to respond to the needs of global businesses. We currently provide fully managed global payroll services to 70 multi-country clients with the capacity to support more than 170 countries globally to ensure we can provide seamless scalability wherever our clients require.

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iiPay Opens Operations in Budapest, Hungary As Accelerated Growth Drives Geographic Expansion

“Innovative global payroll demand is increasing rapidly, driving our expansion in Budapest to attract talent with global payroll expertise,” said Tim Jakob, CFO of iiPay. “Global firms choose iiPay for our unparalleled solution, partnership, centralized technology and in-country expertise.”

DALLAS and CHELTENHAM, United Kingdom (PRWEB) February 10, 2020
Integrated International Payroll (iiPay), a market leader in cloud-based global payroll and technology services, announced today its continued global expansion with the opening of their new office in Budapest, Hungary.
“The demand for innovative global payroll solutions is increasing rapidly as we continue to invest in our solution, people and technology,” said Tim Jakob, CFO of iiPay. “Opening the Budapest operation provides the opportunity to attract key experienced talent with international payroll expertise to deliver a differentiated global payroll solution with unparalleled service to our global clients. Global corporations have chosen to partner with iiPay when anticipating an expansion of their workforce in key global locations because of our centralized solution paired with in-country expertise.”
iiPay just completed a year of significant client and revenue growth of over 60 percent. Opening the Budapest office aligns with iiPay’s global growth strategy. During the first half of 2020, the Budapest office will support the creation of 60 new jobs in Implementation and Operations delivering international vendor managed and in-house Payroll Services and expertise to our global client portfolio with a focus on the EMEA market. According to the plans the site will also host supporting functions in the field of Human Resources, Recruitment, Sales and Marketing or IT and Product Development.
The company anticipates further expansion over the coming months in other parts of Europe and the Asia Pacific region. This is strategically important as more companies choose iiPay’s unique solution to centralize global payroll in organizations that struggle with multiple platforms in each country.
“We are excited to see iiPay join the distinguished roster of companies who have chosen Budapest, Hungary as their major operations center. Hungary offers a highly educated and skilled workforce combined with a business-friendly atmosphere to facilitate and promote business service activities and high value added services,” said Deputy Minister of Foreign Affairs and Trade Mr. Levente Magyar.
iiPay’s significant growth recently earned the distinguished honor of being selected as a winner of the 2019 Dallas 100TM Awards from the Caruth Institute for Entrepreneurship at the SMU Cox School of Business. This award is yet another sign of iiPay’s continued investment in building technology and supporting clients with highly knowledgeable people.
About iiPay:iiPay is a service-driven global payroll provider, enabled through our innovative proprietary SaaS-based technology. iiPay’s technology empowers data management and supports business intelligence in payroll. Focused on outcomes, iiPay reduces complexity, centralizes and simplifies multi-country payroll systems, solves global reporting and ensures compliance in every country where our clients’ employees operate. iiPay’s partnership approach means that we are an extension of our client’s payroll team. We work side-by-side with our clients to provide an agile, flexible, and compliant solution that can be scaled to respond to the needs of global businesses. We currently provide fully managed global payroll services to 70 multi-country clients with the capacity to support more than 170 countries globally to ensure we can provide seamless scalability wherever our clients require.

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iiPay Recognized for Impressive Growth and Significant Client Expansion

“This prestigious award reflects our high demand to help global companies apply iiPay’s proven solution to centralize disparate systems across multiple countries,” said Bob Foster, iiPay CEO. “Multinational payroll sees immense change due to global growth and increased compliance complexities.”

DALLAS (PRWEB) November 26, 2019
Integrated International Payroll (iiPay), a market leader in cloud-based global payroll, received the distinguished honor of being selected as a winner of the 2019 Dallas 100TM Awards from the Caruth Institute for Entrepreneurship at the SMU Cox School of Business. iiPay earned this award based on its impressive growth rate, being among the fastest-growing, most dynamic privately held companies in the Dallas Area.
“For 29 years, the Caruth Institute for Entrepreneurship at the SMU Cox School of Business and the Dallas 100TM sponsors have celebrated the innovative spirit, determination and business savvy of area entrepreneurs. The award recognizes the diversity, creativity and resolve it takes to create and sustain a successful business in today’s globally competitive environment,” said Simon Mak, the Linda A. and Kenneth R. Morris Endowed Director of the Caruth Institute for Entrepreneurship at SMU Cox. “These companies are the unsung heroes of the Dallas-area economy and are entrepreneurial dynamos.”
iiPay was selected for this distinguished recognition based on several key criteria, including being an independent and privately held corporation with an outstanding three-year growth rate. By end of 2019, iiPay’s revenue growth will exceed 500 percent over the last three years.
“We are honored to receive this prestigious award based on our growth rate. This accelerated growth is a direct result of our global payroll partnership with small, medium, and large enterprises who have chosen iiPay’s proven solution to centralize disparate systems across multiple countries,” said Bob Foster, iiPay Chief Executive Officer. “Multinational payroll has changed immensely as companies grow globally, face increased compliance complexity, and endeavor to reduce the challenges associated with payroll globally.”
Those evolving trends for iiPay include an expanded offering of a global portal for clients as well as a database of legislation changes in 150+ countries, which leads to greater governance and compliance across countries. Additionally, iiPay is investing in robotics and additional analytics capabilities. With centralization, iiPay enables the global payroll function focus on more decision making through its analytics versus manual administrative tasks.
“The iiPay global team has been the foundation of our global client and revenue growth. With investments in technology innovation, client service capabilities, and industry-leading implementation metrics, the iiPay team is intensely focused on changing the client experience, increasing analytics, and operational dashboard capabilities,” said Curtis Holmes, iiPay Chief Operations Officer. “Our solutions provide increased transparency, scalability and global payroll visibility to clients.”
About iiPay: iiPay is a service-driven global payroll provider, enabled through our innovative proprietary SaaS-based technology. iIPay technology empowers data management and supports business intelligence in payroll. Focused on outcomes, iiPay reduces complexity, centralizes and simplifies multi-country payroll systems, solves global reporting and ensures compliance in every country where our clients’ employees operate. iiPay’s partnership approach serves as an extension of our client’s payroll team. iiPay partners with our clients to provide an agile, flexible, and compliant solution that can be scaled to respond to the needs of global businesses. We currently provide fully managed global payroll services in more than 170 countries globally to ensure we can provide seamless scalability wherever our clients require.

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