Movement in the Swiss Payroll and HR Software Market

Today, P&I is one of the most important and renowned companies in the HR industry in Europe and positions itself as a Pure HR Company with innovative software for all HR management tasks. In 2012 and 2015, the company significantly increased its market position in the Swiss HR and payroll software market with the acquisitions of Mirus Software AG and Soreco HR AG.

"Concentrated software expertise"

With its latest acquisition of Kriens-based PerSal AG, P&I, which has its Swiss headquarters in Thalwil, is adding an important piece of the puzzle to its current product portfolio in the market segment for companies with up to 500 employees, according to a statement to the media. It acquired the entire share package of PerSal AG as of Oct. 1, 2018. PerSal AG and PerSal Software will continue to operate as an independent company and brand, and the location and employees will be taken over unchanged by the new owners. Fritz Achermann will also continue to be the managing director and will continue the philosophy of PerSal Software as well as the support department, which is known for its quality and reliability, in the same way, the statement continues. "With the merger of P&I, we now have the possibilities to offer a comprehensive and integrated HR solution, in which the entire "HR Life Cycle" is mapped, from applicant management to time recording. Our whole team is delighted about this and we are looking forward to seeing how the Swiss HR market reacts to this concentrated software competence," Fritz Achermann announced on request. Christos Triadis, Managing Director of P&I AG in Switzerland, also draws a positive balance: "Through the acquisition of PerSal AG, we will further strengthen and at the same time significantly expand our position in the HR market." According to Triadis, this step represents a major gain for P&I AG.

Payroll Outsourcing

PerSal AG, which emerged from "Persoline AG", founded in 1994, has made a name for itself through its many years of market experience in the HR and Payroll sector, especially due to its flexible and highly customizable standard software "PerSal" as well as its modular Payroll outsourcing solutions. The Swiss branch of P&I, which was also founded in the 1990s, together with PerSal AG can count over 2200 companies among its HR and Payroll customers. Spread over 4 domiciles, P&I Switzerland employs 72 people. The two managing directors, Christos Triadis and Fritz Achermann, are convinced that the expanded product range and a newly introduced P&I LogaAll-in for Switzerland will be of great added value for existing and new customers.

More information: www.persal.ch