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SmartexLab took Papaya’s idea to automate global workforce management and turned it into a groundbreaking platform that made Papaya one of the FinTech startups to watch.
The ambition was in no way minor: Papaya aspired to become the first global platform on the market automating paper-based payroll management processes.
The module brings together the client, the service provider and its workers under their mutual project. This is the central hub where project members get to formalize their cooperation, complete documentation, and reporting.
The key feature that won Papaya global acclaim. The module breaks down payroll management into 4 steps: Worker Reporting, Salary Updates, Payroll Summary, and Payment. It automates document processing, work acceptance, salary payments, and notifications to all the parties. The entire process is transparent and manageable by admins.
A massive tracking system for workers on the projects. It covers the Worker Reporting step from the previous module. This is where workers provide their details for the current project payment cycle and get paid once it’s complete.
An automated payroll notification system tied to a calendar. It covers project-specific steps such as Reporting & Approval, Payroll Processing, Invoicing & Payments, etc., and tracks any changes to their status via email notifications to project members. The calendar makes it easy to look up the progress and prepare for upcoming steps timely.
A flexible module for setting up payment cycles with monthly, semi-monthly, bi-weekly and weekly options depending on project specifics. The cycles then determine payroll timelines in one interconnected ecosystem.
It enables automated invoice generation and processing. Here, the Papaya platform becomes an intermediary between service providers and clients, ensuring hassle-free invoicing, approval, and payments.
A go-to place for clients to plan and calculate their upcoming expenses on project-related salaries, taxes, remunerations, penalties, etc. The planning range can be anywhere from a month to a year, while cost items can be manually updated anytime.
Integrated with Qlik, the platform enables all-round data analytics with advanced visualization and customizable reports.
These are the features that enriched the Papaya platform by enabling more functions essential to the user experience.
A real-time notification system for users to keep updated on any changes to their project status via email, SMS, in-app messages or other API-integrated tools as needed.
A third-party tool to automatically convert currencies during invoicing and payment for extra convenience and billing transparency.
A role-based access and defined associated user rights tool, which can be assigned in line with both organizational and project structures.
A high-level parser to enable data import and export in XLS and Word formats by any project member.
The team made it possible for users to synchronize their Papaya accounts with data from third-party workforce management tools.
The feature brings together all the user actions requiring approvals and automates them.
In the wake of the product’s success, the startup raised the next investment rounds.
Now in its third year, the project is in active development with new features rolled out regularly. For example, after the GDPR regulations came into force, the platform became fully GDPR-compliant.
Now, Papaya is proud to name Visa, Facebook, Johnson&Johnson, NASDAQ, Intel and more world-leading brands among its clients.
We chose SmartexLab for the development of our Papaya Global Node.js/Angular2 web app because they had the best JS devs. Today, most of our development team is with SmartexLab, and their commitment and professionalism have helped us to build our product on time and to the highest quality level.