Mercans Increases Focus on Global Payroll and Carves-Out Recruitment and HR Advisory
Laser-sharp focus on global payroll outsourcing and software business follows a strong year of growth as it doubled its global headcount and increased its global payroll-related revenues by more than 40%.
Mercans has separated its talent management and HR advisory businesses from its software and managed payroll operations. As a result of the carve-out, the recruitment and HR advisory services business will continue as an independent company led by a separate management team.
This carve-out enables both businesses to focus on their core strengths and clients. Mercans global payroll outsourcing and SaaS business continues to operate under Mercans’ known and trusted brand, with its proprietary and disruptive HR Blizz global payroll software underpinning its growth and operations, while the recruitment and HR Advisory business will be rebranded as Mesaar.
Mercans also announced that veteran technology executive Vishwanathan Arunachalam (Vish), who was the group’s COO, will now focus exclusively on leading the global payroll business as its CEO.