It's a busy year for Payfit!
The French unicorn, featured in Vintage Altaroc Odyssey 2021, has just announced its partnership with KPMG to provide a joint offering for the managers of VSEs and SMEs. These will be able to use the same platform to automate payroll management using Payfit's technology, as well as benefit from the support of a KMPG consultant in areas ranging from salary policy to improving recruitment processes, managing the arrival and departure of employees, and internal telecommuting policy.
This new offer clearly meets the needs of HR departments. In a survey carried out in January 2023 by Editions Tissot and Payfit, 73% of HR departments said they regretted not having enough time to support their employees.
What's more, the unicorn, valued at $2 billion, has just created a real revolution in French Tech, by acquiring three trade union organizations(CFDT, CGT and Printemps écologique). Few innovative French companies have union structures. Payfit has therefore set up bodies to protect its employees, which is in line with a general trend among French Tech players, who are consolidating their " start-up " model by recruiting more " traditional " positions, such as public affairs directors, and will henceforth seek profitability rather than hyper-growth at all costs.
