TransPerfect, a NYC-based provider of language and AI solutions for global business, acquired Paybooks Technologies, a Bangalore, India-based provider of HR, payroll, and compliance solutions.
The amount of the deal was not disclosed.
With the acquisition, TransPerfect will expand its offerings.
Founded in 2012 and led by CEO Samira Rao, COO Gururaja Upendra, and CPO Prakash Kumar, Paybooks has built a comprehensive payroll, compliance, and payments platform to automate employer-employee financial touch points. The company has been selected by global leaders to integrate their accounting/HCM applications with payroll and launched India’s first payments-integrated payroll, offering end-to-end solutions with leave and absence, reimbursements, rostering, loans and advances, benefits, and a self-service portal for employees and managers.
TransPerfect is a provider of language and AI solutions for global business. From offices in over 140 cities on six continents, it offers a full range of services in 200+ languages to clients worldwide. More than 6,000 global organizations employ its technology to simplify management of multilingual content.
The company, which also has regional headquarters in London and Hong Kong, is fully ISO 9001 and ISO 17100 certified.
FinSMEs
07/10/2024