PayAsia is strategically headquartered in Singapore, with 183 employees located across 13 countries. Our clients are typically multinational companies, with a significant number of headquartered regionally in Singapore who have employees in multiple countries. We contract around ninety percent of our clients from Singapore for their regional delivery. Our contracts are for an initial 3-year period, with automated renewals. Our retention rate is over 95%. PayGroup operates as a trusted partner to deploy SaaS, together with providing a critical services element of Payroll and HR outsourcing, being SwaS (Software with a Service – equivalent to “BPO Services”). Included in our SwaS are banking and treasury services, lodgments of statutory, taxation, superannuation, pension, provident funds, and other social benefit submissions. Beyond the SwaS services, PayGroup’s SaaS HCM software “HROnline” supports clients in managing aspects of their employees’ life cycle, plus regional and mobile-enabled workflows for critical processes (such as employee and manager self-service, leave management and expense management). SwaS covers the provision of “Payroll Services” to businesses ranging in size from micro (<10 client employees) to large (>10,000 client employees), for delivery across 2 to 24 countries. “HCM Software Market” services including software solutions for human resources (HR) administration functions, expense management, electronic payslips, leave management, workflow and employee updates. These can be deployed in the “Cloud” to businesses of all sizes anywhere in the world.