Edison issues initiation on Zalaris (ZAL): Simplifying HR and payroll solutions
Zalaris is a leading European provider of comprehensive payroll and HR solutions and services, covering the entire employee lifecycle.
- Zalaris is a leading European provider of comprehensive payroll and HR solutions and services, covering the entire employee lifecycle.
- The company’s proprietary platform PeopleHub is tailored towards multinational corporations or large and complex single-country projects, the more attractive end of the business process outsourcing (BPO) market.
- Margin initiatives are starting to bear fruit, which should drive further cash generation and returns.
- Zalaris should continue to grow as it renews contracts with existing customers and wins new business in geographies where it is currently underrepresented relative to the market size.