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    ZAL   NO0010708910

ZALARIS ASA

(ZAL)
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Gjensidige Business Services AB Selects Zalaris to Deliver Payroll Services and Implementation of HR Solution in Scandinavia

11/24/2021 | 05:30am EST

Zalaris ASA signed a five-year agreement to deliver payroll, travel & expense solutions and services to Gjensidige's more than 3700 employees in Norway, Sweden and Denmark. As part of the agreement, Zalaris will integrate SAP SuccessFactors Employee Central with Zalaris PeopleHub which includes Zalaris cloud payroll solution and travel and expense solution for all employees. Furthermore, Zalaris will implement the strategic HR modules within the SAP SuccessFactors suite, such as recruiting, onboarding and offboarding, compensation and workforce analytics and OpenText as document management solution. jensidige's main objectives for the partnership with Zalaris is to ensure: Full outsourcing of payroll and associated services for Gjensidige in Norway, Sweden and Denmark. Access to a modern and flexible multi-country solution for payroll with an integrated solution for travel and expense claim handling. A common, fully integrated HR solution. Compliance with personal data protection and security requirements. Delivery of payroll services at a competitive price point. Successful transition from current situation.


ę S&P Capital IQ 2021
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Financials
Sales 2020 792 M 88,2 M 88,2 M
Net income 2020 -8,99 M -1,00 M -1,00 M
Net Debt 2020 276 M 30,7 M 30,7 M
P/E ratio 2020 -113x
Yield 2020 1,93%
Capitalization 1 121 M 126 M 125 M
EV / Sales 2019 1,11x
EV / Sales 2020 1,63x
Nbr of Employees 773
Free-Float 50,9%
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Managers and Directors
Hans-Petter Mellerud Chief Executive Officer
Gunnar Manum Chief Financial Officer
Adele Bugge Norman Pran Chairman
Halvor Leirvňg Chief Technology Officer
Otto Lepikk÷ Chief Operating Officer
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