13 May Spotlight on… Paysavvy
In this week’s Spotlight, we are highlighting a client-centric company who is reimagining human capital management in a $7B market. Paysavvy believes that people are the most important part of every business and they continue to transform the day to day experiences of how organizations manage their workforce by empowerment through technology. Paysavvy is also an active leader in their local community, distributing over thousands of sandwiches through their Paysavvy Neighbourhood Lunch Program each month. Read on to learn more about what life is like at Paysavvy…
1. Describe your company and your primary product(s) and/or service(s).
Paysavvy is the modern alternative to ADP and Ceridian. We’re reimagining human capital management.
Headquartered in Vancouver, BC, Paysavvy is a national human capital management software provider for mid-sized companies that offers cloud-based payroll, human resource, and time and labour management software.
Paysavvy was founded on October 26, 2011. Since then, the company has grown to service over 500 clients with 35 full time employees across their three Canadian offices, with headquarters located in Vancouver’s Gastown neighbourhood. Their software is used by companies all over Canada, including Vancouver technology companies like BuildDirect, Unbounce, Clevest and Recon Instruments.
Paysavvy is completely reimagining a sleepy $7B market from the ground up. We’re taking away large clients from complacent market dinosaurs (like ADP) every single day.
Paysavvy’s advanced and intuitive platform allows clients to accomplish the most in the least amount of time. We pride ourselves on offering competitive, predictable, all-inclusive pricing, and unparalleled client service. Too many HR and Payroll professionals are stuck with systems that don’t meet their needs and expectations. We think it’s time for a change.
2. How many employees currently work at your company?
Paysavvy currently employs 35 full-time staff in development, marketing, client support and sales, including the founders Faiz Abdulla (CEO), Wisam Abdulla (COO) and Tim Abdulla (CTO).
3. Where are you located?
Paysavvy’s corporate office is located in Vancouver in Gastown at 134 Abbott Street a few blocks away from the Waterfront and Stadium skytrain stations. We offer transit subsidies to all of our employees.
4. Describe the culture at your company.
We believe that people are the most important part of every business. We want to transform the day to day experience of how organizations manage their workforce by creating collective happiness and empowerment through technology.
We offer a progressive, team-spirited culture that rewards hard work and initiative, a collective approach to building a leading company, and freedom to contribute in meaningful ways to our growth and success.
Paysavvy is client-centric. We’ve built our company on offering an incredible client experience at every touch point. Being part of our team, in any capacity, means always keeping this at the forefront.
We strive to hire impressive and forward-thinking people with a real interest in contributing to the greater good of our company. Passionate, Dedicated, and Ambitious are just a few words that describe our team members. Everyone is genuinely committed to making Paysavvy an amazing company and providing our clients the best experience.
One of our core beliefs at Paysavvy is that every company should contribute to its local community. Because our headquarters are in Vancouver’s Downtown Eastside, we’ve focused in particular on assisting our less-fortunate neighbours.
On February 2013, we launched the Paysavvy Neighbourhood Lunch Program, a monthly initiative to distribute thousands of bagged lunches to people in need living in the Downtown Eastside.
At Paysavvy, we wanted to do more than tick the box for corporate social responsibility. In 2013 Paysavvy partnered with the Ronald McDonald House of BC to build their new $31 million facility, by committing to donate a portion of its revenue from all new clients. The new Vancouver home provides room for up to 73 families, making it the second-largest Ronald McDonald House project in Canada. As a result of these community efforts, Paysavvy was a finalist in the Community Engagement category for the Technology Impact Awards in 2014 and has been named a finalist for 2015.
In 2014 Paysavvy participated in the Startups Care Food Drive and organized a company wide Toy Drive Gift Exchange, where all toys gifted were then donated to the Lower Mainland Christmas Bureau. We’re excited to be participating in “Tech’s Got Talent” in June, a lip sync competition between Vancouver tech companies with a purpose of raising money to support the development of youth.
These programs not only help the community, but also give Paysavvy’s employees a sense of accomplishment. By executing community strategies and seeing immediate results, Paysavvy’s staff also learns valuable lessons that can be applied to improving the way we do business; our charitable initiatives are yet another step in a cycle of continuous improvement.
5. When your employees talk about your company, what do they brag about?
Here are a few words directly from our staff:
“When I joined Paysavvy in January, everyone made me feel super welcome. Training included a lot of hands-on experience and I felt like I was contributing to the team right from the beginning. It’s a great learning environment, I’m never afraid to ask questions. Also, my ping pong game has improved tremendously.” – Stephanie Phillips
“Paysavvy is the best place I’ve ever worked, and without a doubt it’s the people who make the difference. Every day that we’re faced with a new challenge, I can’t help but think that there isn’t a better group of people in the world to take it on with.” – James Plett
6. Describe your most recent achievement, milestone, reason for bragging rights.
The last year has been incredibly exciting for Paysavvy. In October 2014 we moved to a new, much bigger office in Gastown. Since that time we have almost doubled our staff in size. We also processed over 1 billion dollars of transactions in the same year and have maintained a 100% client retention rate throughout our growth. At the end of April 2015 we launched our new branding, including a brand new website. In addition to being named a finalist in the Community Engagement category for the TIAs and a 2015 TiE50 Top Start-up, our CEO, Faiz Abdulla was nominated for the 2015 EY Entrepreneur of the Year Award.
7. What kinds of roles are you hiring for?
8. What kinds of people are you looking for?
A lot of companies are looking for resumes about past experiences, jobs you’ve had, projects you’ve worked on. While experience can be helpful, at Paysavvy, we’re looking for individuals with the right combination of personal traits, passions and interests. Fit is really important to us, because it leads to success and happiness on the job. If you have the right skills, we’d love to help you grow into the position for you.
That’s one of the reasons we launched the Paysavvy Future campaign as a way to connect with people, learn about their passions and wrap it all into an interactive and fun experience. You can read more about this initiative on the Paysavvy People and Culture Blog.
9. What is your company goal for the coming year?
There are many things in the works for the coming year. We’ll be launching a number of new products, including our Time Off app which is currently in Beta. We will also be expanding our product line into the U.S. in the next 16 months.
As mentioned previously we’re growing very fast and expect that another move is not too far away. We’re also in the process of adding some interesting new elements to our company culture and community engagement initiatives.
To learn more about Paysavvy, visit them online at www.paysavvy.com.
If you’d like us to shine the spotlight on your company, email firstname.lastname@example.org today!