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Vendor News

Industry developments from the global payroll vendor and research community.

Andersen Global Strengthens Puerto Rico With Tax, Legal Services

Andersen Global, an international association of legally separate, independent member firms comprised of tax and legal professionals around the world, adds to its platform in Puerto Rico with the addition of collaborating firm AFS CPA Group LLC (AFS), solidifying its presence in the country with tax and legal coverage.

AFS provides tax and advisory services to clients including individuals and small and large businesses, serving a variety of industries such as legal, medical, food and restaurants, apparel, marketing, technology, non-profit, and homeowners associations. The firm is based in Gurabo and offers tax, financial, investment, and cash management services, as well as outsourcing and payroll functions.

“We are delighted to collaborate with a high-caliber team who have a shared level of commitment to stewardship,” said Mark Vorsatz, Andersen Global Chairman and CEO. “AFS, along with collaborating firm CST Law, provides our clients with a full suite of integrated, independent services in this important market.”

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UKG Ranked 7th on Australia’s Best Workplaces List

UKG, a global provider of human capital management (HCM), payroll, HR service delivery, and workforce management solutions (WFM), announced it ranked No. 7 on Australia’s Best Workplaces 2021 list by Great Places to Work, in the Medium Company (100-999 employees) category for the country. UKG’s 2021 ranking is an increase from the previous rating when they were ranked No. 12 in Australia last year.

UKG has more than 250 employees across Australia and New Zealand, serving 3.5 million users of UKG solutions in the region. According to the Trust Index survey administered, 90% of UKG employees in Australia consider UKG a great place to work, compared with 55% of employees at a typical Australia-based company.

“What a remarkable accomplishment for our UKG family in Australia to be recognized as a great place to work in our premiere year as UKG,” said Aron Ain, chairman and CEO at UKG. “What a year it has been for all of us. UKG remains committed to caring for our employees and their families; supporting our customers and their employees; living our people-driven purpose every day; and embodying our core values of always being united and kind to one another as we continue to grow together.”

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Factorial Closes a Series B Funding Round With $80 Million

Factorial, a Barcelona-based HR software company that streamlines people management, has closed an $80-million Series B funding round led by Tiger Global Management. With participation from previous investors, such as CRV, the total funding amount increases to $100 million.

Factorial, which serves thousands of clients in more than 65 countries, has been ranked among the Top 10 most promising startups in Europe. With the new funds, Factorial will expand to new markets, opening offices in the U.S. and Brazil.

“Factorial was always architected to support employers across geographies with their HR and payroll needs, and this has only accelerated the demand for their platform,” said Reid Christian, General Partner at CRV, a principal investor. “We are excited to continue to support the company through this funding round and the next phase of growth for the business.”

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