Global technology leader joins PayGroup

•  Appointment of Jerome Gouvernel, a US-based technology leader with over 25 years global experience in product and technology, as Chief Product Officer for PayGroup
•  Mr Gouvernel was a senior executive at ADP, a >US$75bn global online payroll and workforce management solutions leader, and previously led ADP Product Incubation Venture and was Chief Technology Officer of ADP’s international employer services division
•  Proven track record in product development, management, and commercialisation of payroll and HCM platform technology across key global markets

PayGroup FY21 Sales Update Record $8.2m in new contract sales for FY21 – a 200% increase PCP, and 149% more than all of FY20

? Total Contract Value (TCV) of $8.2m signed in the nine months to 31 December 2020 (Q1-Q3 FY21; 200% increase PCP - $4.1m FY20)

? $2.8m of TCV signed in Q3 FY21 (a 115% increase on PCP – $1.3m in Q3 FY20) ? Continued record sales growth for SwaS, SaaS and Treasury Services

? Strong momentum exiting FY21 and entering FY22 – over 115 new client entities signed during the nine months to 31 December 2020, and further development supported by strongest sales pipeline