Embracing Payroll Automation with Transformify

In the 87th episode of 'It's About Payroll', hosts Brian Escobar and Walter William Duncan II, speak with Liliya Stoyanov, CEO of Transformify. They discuss the importance of payroll automation and how it facilitates companies in managing payments to contractors and freelancers across borders. Stoyanov elaborates on how Transformify streamlines the payment process by offering one comprehensive invoice, facilitating various currencies and eliminating compliance risks. They delve into how the global pandemic has impacted the payroll landscape and emphasised the need for effective remote payment solutions. They also touch on some common challenges in the sector and offer valuable advice to those interested in pursuing a career within the FinTech or payroll industry.

00:00 Introduction to the Podcast

01:00 Introduction to the Guest Speaker

01:20 Guest Speaker's Journey into Payroll

03:24 Advertisement Break

04:22 Understanding Payroll on Demand

08:34 Deep Dive into the Payroll Process

14:33 Target Audience for the Service

16:44 Understanding the Global Reach of the Service

18:07 Challenges Faced in the Industry

20:53 Understanding the Client Base

25:42 Guest Speaker's Experience as a Professor

27:46 Advice for Aspiring Professionals

28:25 Conclusion and Sign Off

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