Zalaris signs a landmark agreement with carve-out from German industrial giant for global payroll and HR services

15 Mar 2023 10:15 CET

Zalaris, a global provider of payroll and HR solutions, has signed a landmark
agreement with the carve-out from a leading German industrial company for
worldwide payroll and HR services. This involves more than 15,000 employees
across 40+ countries.

Zalaris will deliver a HR solution based on SAP SuccessFactors seamlessly
integrated with Zalaris PeopleHub outsourcing services which covers the entire
spectrum of Zalaris' value proposition. The solution will be implemented over a
period of 22 months. The contract is expected to contribute with more than EUR 5
million in annual revenue when fully implemented. Further, the contract also
includes a significant consultancy agreement relating to implementation.

The contracted HR solution will be built around SAP SuccessFactors and cover the
whole employee lifecycle in one integrated solution, including recruiting,
onboarding, master data maintenance, performance and goals, succession and
development, as well as HR analytics.

Zalaris' PeopleHub (https://zalaris.com/hr-payroll-solutions/) based outsourcing
services to be delivered under the agreement include payroll, time and
attendance, digital personal archive, travel and expense, and knowledge
management supported by Zalaris' AI powered digital assistant "Zally".

"We are very proud to welcome such an important customer at Zalaris. During the
last nine months of defining the solution based on full suite SAP SuccessFactors
and Zalaris PeopleHub Global Payroll model, both parties already had a chance to
learn how to establish a collaborative and flexible way of working. This is
needed making this carve-out a success story and stand-alone ready within the
next 21 month.", says Peter Martin, Executive Vice President DACH.

"This new customer represents another milestone in our history. In addition to
securing us a globally respected brand, the agreement further strengthens our
position at the table when other large complex companies consider outsourcing
global payroll and HR processes. This is a continuation of the positive
sentiment we have experienced over the last 12 months. Our sales effort in the
DACH region represents a potential 10x times larger than the Nordics, and have
now just started to yield the results we envision.", says Øyvind Reiten,
Executive Vice President, Group Commercials & Sales.

"Delivering global solutions as these was part of my dream when founding Zalaris
almost twenty-three years ago. I am truly proud of the capabilities that we have
built in #teamZalaris.  It is the #teamZalaris spirit, energy, endurance and
ability to dream big that bring contracts as this one home. Supporting large
complex organisations delivering perfect payroll and manage their people on a
global scale is what we live for. With this agreement under our belt we are
ahead of our sales budget for the year supporting 10% organic revenue growth and
of delivering on our communicated NOK 1 billion annual revenue target.", says
Hans-Petter Mellerud, Zalaris CEO and founder.

Contact:

Hans-Petter Mellerud, CEO and founder
Mobile: +47 928 97 276
E-mail: hans-petter.mellerud@zalaris.com

Peter Martin, Executive Vice President DACH, Zalaris
Mobile: +49-178-8617991
E-mail: peter.martin@zalaris.com

Gunnar Manum, CFO
Mobile: +47-9517.9190
E-mail: gunnar.manum@zalaris.com

About Zalaris

Zalaris simplifies HR and Payroll administration. It also empowers businesses
with useful information so that they can invest more in their people. Zalaris
provides Global Human Capital Management (HCM) solutions that cover more than
150+ countries together with partners. The company is present with own
operations in 17 countries and has an annualised revenue of approximately 100
million Euros. Zalaris consultants have more than 22 years of experience in
transforming HR in partnership with clients such that they can operate
seamlessly across borders. The aim is to: "Simplify work life. Achieve more."

For more information about us, go to zalaris.com.

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