Strategic Partnership with global HR software vendor
PaySauce Announces Strategic Partnership
with Global HR Software Vendor
Wellington, New Zealand - 5 March 2020
Employment solutions provider PaySauce (NZX: PYS) announces a partnership with a
global HR software vendor based in Australia. This partnership is expected to deliver
more users to the PaySauce platform on top of continued organic growth. While
PaySauce individually remains focused on small business employers, this alliance will
focus on serving larger businesses. The impact of this partnership on PaySauce
cannot be quantified at this time. If the partnership develops successfully, we expect
that an increase in growth rate against our key metrics will arise over the next six
months. PaySauce will release its next quarterly update on key metrics for Q1 2020 in
mid-April. However any uplift from this partnership is only likely to be visible once Q2
2020 metrics are determined.
ABOUT PAYSAUCE
PaySauce provides employment solutions to small and medium-sized businesses.
PaySauce enables business owners to pay and manage employees accurately and
efficiently using web, iOS, and Android applications. The PaySauce platform includes
mobile timesheets, payroll calculations, banking integration, PAYE filing, labour
costing, automated general ledger entries and digital employment contracts.
CONTACT
Please direct any investment queries to investor@paysauce.com.
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