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Monday, December 09, 2024

Workforce Management Platform Rippling Launches in UK to Transform Global Payroll, HR, IT, and Finance Processes

Workforce management platform Rippling today announced it has launched in the UK to transform legacy payroll, HR, IT and finance – freeing up operations teams to deliver more strategic tasks for their organisations.

The launch comes as new research has revealed HR and finance professionals spend an average of nearly five days a month on managing payroll. One in three (32%) spend more than seven days each month on the task.

Over half (51%) of those that manage payroll believe business processes, from employee onboarding to payroll, are outdated in their organisation, with a similar number (54%) feeling that compiling payroll is lengthy and error prone.

Rippling has launched in the UK to tackle these issues – bringing together all of the workforce systems that are normally scattered across a company, like payroll, expenses, and benefits. For the first time, HR teams can manage and automate every part of the employee lifecycle in a single system. This means they can onboard new employees in under 90 seconds, easily manage all of their employees’ computers and devices, and run payroll in minutes, not days.

Because Rippling’s payroll system is tightly integrated with HR data, all variables – like leave, hours, deductions, and expenses – automatically sync with payroll. Unlike existing payroll systems in the UK, Rippling handles the entire flow of funds itself, distributing money and tax payments on behalf of employers to their employees and HMRC. This means that for businesses, payroll can be carried out in just a few simple steps, reducing the time spent on repetitive tasks, as well as errors associated with multiple data entry requirements.

Rippling also automates the process of running global payroll operations, ensuring workers are paid seamlessly in their local currency, with taxes instantly calculated and paid worldwide, without the requirement for local third-party payroll providers.

The business has seen significant success in the US since it was established in 2016. It supports over 10,000 customers and its latest series E funding round in April, which raised $500 million, valued the business at $11.25 billion.

Rippling has opened a new office in London – as well as in Dublin, Ireland – and is set to hire dozens of employees in the UK and Ireland in the next 12 months.

Parker Conrad, founder and CEO of Rippling, commented:

“Rippling’s core thesis is that employee information is critical to a surprisingly large number of business systems, including the ones well outside of HR.

“Maintaining the fidelity of the same employee data across all these disconnected systems—effectively, across multiple separate databases—is the reason it’s a lot of work for companies to have many different business systems in the first place. Rippling solves this problem by giving companies and employees a single place to make changes, which then propagate everywhere automatically.

“Ultimately, Ripping eliminates the administrative burden, making it easier to run a business. We’re excited to bring this approach to the UK and support businesses all across the country.”

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