UKG announced an agreement to acquire Immedis. With the acquisition, UKG will launch UKG One View to modernize and transform multi-country payroll for multinational businesses by delivering unprecedented flexibility, real-time visibility, uniform controls, and an exceptional employee experience – all regardless of in-country provider.

To transform multinational payroll with the smartest and most flexible HCM experience in the industry for multinationals, UKG Inc., the leading provider of human resources, payroll and workforce for all Everyone, has reached an agreement to acquire Immedis, a leading global payroll technology and services provider supporting more than 160 countries. Acquisitions, subject to termination conditions, are expected to close within 60 days.

Immedis, founded in Ireland in 2016, is a subsidiary of CluneTech, a collection of technology companies focused on simplifying global business. With 370 employees worldwide, Immedis has built an extensive multinational client base spanning key industries. Demand for payroll platform Immedis has surged, and this acquisition reflects an increased valuation compared to the previous round of investment. Once the acquisition is complete, UKG will launch UKG One View later this year. Developed in close collaboration between UKG and Immedis, One View uses the strengths of both organizations to transform the traditionally fragmented global pay model. With One View, customers will benefit from:

• Singular “schedule to fund in one” experience that combines an AI-powered perpetual validation engine and continuous workforce management integration to provide a real-time view across all employees, regardless of country or provider, to identify trends, variances, and other insights;
• Hybrid deployment model which can be deployed in weeks, allowing customers to bring other in-country payroll technology and services for immediate visibility, minimizing disruptions and accelerating time-to-value;
• Uniform workflow control in a single-pane view that creates one operational standard across countries, simplifying benchmarking and enhancing in-country provider accountability; and
• Consistent employee experience for all in an intuitive application, supporting 20+ languages across 160 countries, with better usability, support, and a globally compliant pay slip that inspires confidence they are being paid fairly and accurately.

“Traditional global payroll is a cumbersome and complex process that too often relies on a patchwork approach, lacks transparency and insight, and is prone to errors that hurt both people and organizations,”

“Even in 2023, most companies still lack a single, reliable, and accurate way to understand how much they’re paying employees worldwide. Those that do know have invested in costly and time-consuming manual efforts, which still result in outdated information they can’t use proactively. The formidable combination of UKG and Immedis will be transformative and help us reshape and modernize how North American-based global businesses manage their people — and compliance — worldwide.”

Hugo Sarrazin, chief product and technology officer at UKG.

“Tackling the persistent challenges of global payroll and compliance across multiple countries through completely new and innovative approaches that are technology-led has been the driving force behind our work at Immedis,”

“Now, coupled with the powerful UKG HCM suite and its industry-leading global workforce management, we’re excited to help further redefine the entire multi-country payroll market.”

Richard Limpkin, co-founder and chief strategy officer at Immedis.

Immedis provides organizations with a modern and global payroll technology platform based on a perpetual validation engine. This allows for consistent data modeling and reporting, regardless of the country the provider is in. It also offers payroll management services in 160 countries and 120 currencies.

With the acquisition, UKG will immediately begin offering a fully managed, multinational payroll service to US and Canada based businesses seeking external payroll processing support North America or those who simply want a global and unified view of their payroll around the world. , even if they already have a preferred payroll provider.

“Combining Immedis and UKG ensures that businesses and their employees will have the best possible multicountry payroll experience. As a longtime UKG partner, we have a great track record of success together,”

“Joining UKG expands the reach and impact of our ground-breaking technology. It also presents tremendous new opportunities for the exceptional people who make Immedis special. I am extremely proud of our incredible team, and I’m delighted that each of our 370 Immedis staff will gain from this acquisition.”

Irish entrepreneur Terry Clune, founder of Immedis and CluneTech.

“The acquisition of Immedis and the introduction of UKG One View is transformative for the HCM industry, delivering unprecedented levels of visibility, flexibility, and accuracy to the multi-country payroll process,”

“Having worked closely and strategically with Immedis for several years now, we’re thrilled to welcome the entire Immedis team into the UKG family.”

Chris Todd, CEO at UKG.