Unicorn. Payfit joins forces with KPMG to launch a global offering for SMEs

It's a busy year for Payfit!

The French unicorn, featured in the Odyssey Vintage Altaroc Odyssey , has just announced its partnership with KPMG to offer a joint solution for executives of microbusinesses and small and medium-sized enterprises. On a single platform, these business leaders will be able to automate payroll management using Payfit’s technology, while also benefiting from the guidance of a KPMG advisor on topics ranging from compensation policies to improving recruitment processes, managing employee onboarding and offboarding, and internal remote work policies.

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.

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