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Avasant recognises SD Worx as a leader in the Payroll Business Process Transformation
Avasant recognises SD Worx as a leader in the Payroll Business Process Transformation Avasant RadarView has named SD Worx a leader in the Payroll Business Process Transformation 2024-2025, recognising its innovation, quality, and leadership in payroll. The report highlights SD Worx’s technological innovations, including the mysdworx platform for HR professionals, SD Worx Insights for data analysis, and SD Worx Flows for integrating payroll software.
Still according to Avasant, the continuous payroll technology, which automates real-time calculations, also contributes to SD Worx’s leadership status, as well as the partnerships with SAP and recent acquisitions, like TribePerk and F2A.
SD Worx records double-digit growth rates in 2024
End of February SD Worx announced its 2024 financial results, reporting a strong performance despite challenging economic conditions. We achieved an 11.6% increase in consolidated revenues, reaching EUR 1.180 billion. The consolidated adjusted EBITDA grew by 28.2% to EUR 232.7 million. Net profit climbed 35.4%, totalling EUR 94.9 million.
