Seresco and the Payroll Services Alliance celebrate 10 years of partnership

Seresco and the Payroll Services Alliance celebrate 10 years of partnership

Seresco, a founding and integral member of the Payroll Services Alliance, is celebrating the 10th anniversary of its partnership with the alliance, together with the other associates: Aditro (Northern Europe), Ascender (Asia and the Middle East), Elanor (Eastern Europe), F2A (Central Europe) and SD Worx (UK and Europe). With offices in more than 100 countries, total payroll amounts over 1.6 billion euros, more than 130,000 clients and more than 32 million payslips processed each month, PSA can make a very positive assessment of these 10 years of payroll management all over the world.

According to Payroll Services Alliance, during this decade objectives have been successfully achieved such as increasing market presence with stable and lasting alliances, which implies great confidence on the part of the companies, as well as local payroll outsourcing and the change from large-scale, expensive and time-consuming ERP implementations to global implementation: a global contract with local suppliers from each country.

The trend is to opt for new suppliers, thus depositing confidence in the Software outsourcing and the IT services of recognized experts. In the future, in spite of the uncertainty caused by the pandemic, the global market for payroll outsourcing will grow, and it could even reach 20 billion dollars in 2023. The middle-market will prevail, and SME’s will increasingly adopt this type of services for payroll outsourcing which will be able to support growth at this scale in emerging geographic areas, if necessary.

Seresco and the Payroll Services Alliance celebrate 10 years of partnership