CALCULATE YOUR SIP RETURNS

Alldigi Tech & LuLu Financial Partner to Simplify Payroll for SMEs in MEA Region

Written by: Team Angel OneUpdated on: Feb 6, 2025, 3:29 PM IST
Alldigi Tech and LuLu Financial Holdings have joined forces to provide SMEs in MEA with seamless, tech-driven payroll and HRMS solutions, streamlining business operations.
Alldigi Tech & LuLu Financial Partner to Simplify Payroll for SMEs in MEA Region
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Alldigi Tech Limited, formerly known as Allsec Technologies Limited, has announced a strategic partnership with LuLu Financial Holdings, a global financial services provider based in the UAE. This collaboration aims to redefine payroll and HR management solutions for small and medium enterprises (SMEs) across the Middle East and Africa (MEA) region.

Alldigi Tech, a subsidiary of Quess Corp, processes over 1.5 million payslips every month, making it a key player in the payroll industry. By integrating its expertise with LuLu Financial Holdings’ extensive reach and financial services network, the 2 companies seek to simplify and enhance payroll and HR processes for businesses of all sizes.

Alldigi Tech’s share price was trading 0.20% higher as of 10:51 AM on February 6, 2025.

How the Partnership Benefits SMEs

The partnership will allow LuLu Financial Holdings to integrate Alldigi Tech’s advanced payroll platform into its ecosystem, offering SMEs a seamless and efficient payroll processing experience. The key benefits of this initiative include:

  • Automated Payroll Processing: Businesses can now handle salary calculations with greater accuracy, reducing manual efforts and minimising errors.
  • Regulatory Compliance: The integrated solution ensures compliance with local payroll regulations, reducing the risk of legal and financial complications.
  • Time and Cost Efficiency: By streamlining payroll and HR functions, SMEs can save valuable time and resources, allowing them to focus on business growth.
  • Seamless Integration: The solution integrates effortlessly with LuLu Financial Holdings’ offerings, ensuring a hassle-free experience for clients.

Industry Leaders Speak on the Partnership

Commenting on the collaboration, Richard Wason, CEO of LuLu Financial Holdings, said,
“Our mission has always been to provide innovative and accessible financial solutions that meet the diverse needs of the community. Partnering with Alldigi Tech will enable us to offer a simple, cost-effective payroll management solution, helping SMEs reduce administrative burdens and focus on growth.”

Similarly, Naozer Dalal, CEO of Alldigi Tech, highlighted the synergy between the two companies, stating, “We are excited about this partnership as it combines our payroll expertise with LuLuFin’s deep understanding of the SME sector. Together, we are creating a solution that not only addresses the growing demand for payroll automation but also helps businesses run more efficiently and enhance employee satisfaction.”

Empowering SMEs with Technology-Driven Payroll Solutions

Through this collaboration, SMEs will gain access to a simplified, technology-driven payroll solution backed by strong customer support. The partnership combines LuLu Financial Holdings’ local market expertise with Alldigi Tech’s innovative payroll and HRMS technology, helping businesses streamline their payroll processes efficiently.

With an increasing demand for payroll automation, this initiative is set to reshape how SMEs handle workforce management, ensuring both compliance and operational efficiency.

About LuLu Financial Holdings

LuLu Financial Holdings is a leading global financial services provider offering cross-border payments, currency exchange, and financial technology solutions. Operating in over 10 countries across the Middle East, the Indian subcontinent, and the APAC region, the company is known for its commitment to innovation and customer satisfaction.

About Alldigi Tech

Alldigi Tech Limited, formerly known as Allsec Technologies Limited, has been a trusted leader in customer and employee experience management for over 24 years. Backed by Quess Corp and Fairfax Holdings, the company provides payroll and HR management solutions globally, serving over 400 clients, including Fortune 100 companies, across 42 countries.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing

Published on: Feb 6, 2025, 3:29 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 2.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 2.5 Cr+ happy customers