Transformify w/ Lilia Stoyanov - (Episode 87)

Embracing Payroll Automation with Transformify In the 87th episode of 'It's About Payroll', hosts Brian Escobar and Walter William Duncan II, speak with Liliya Stoyanov, CEO of Transformify. They discuss the importance of payroll automation and how it facilitates companies in managing payments to contractors and freelancers across borders. Stoyanov elaborates on how Transformify streamlines the payment process by offering one comprehensive invoice, facilitating various currencies and eliminating compliance risks. They delve into how the global pandemic has impacted the payroll landscape and emphasised the need for effective remote payment solutions. They also touch on some common challenges in the sector and offer valuable advice to those interested in pursuing a career within the FinTech or payroll industry. 00:00 Introduction to the Podcast 01:00 Introduction to the Guest Speaker 01:20 Guest Speaker's Journey into Payroll 03:24 Advertisement Break 04:22 Understanding Payroll on Demand 08:34 Deep Dive into the Payroll Process 14:33 Target Audience for the Service 16:44 Understanding the Global Reach of the Service 18:07 Challenges Faced in the Industry 20:53 Understanding the Client Base 25:42 Guest Speaker's Experience as a Professor 27:46 Advice for Aspiring Professionals 28:25 Conclusion and Sign Off