04:05 INTERVIEW
major banking firm for outsourcing to India, a first for them. Banking processes such as account openings, audit checks, and other verifications were outsourced. Next, my business partner and I started an outsourcing company in Singapore, and began doing shared services in a way, and it included outsourcing in Vietnam. That’s where we landed our first- ever HR/payroll project with Nokia Vietnam. I ended up working for the company that had given us the Nokia project, which became PayAsia. During this time, all the issues around how to build a payroll business came flying right in my face. This group had a handful of country solutions for payroll, and what was a short-term project to see if it would work out turned into major growth - nine years later, we sold the company for more than $100 million. We were small starting but ended up being able to scale to handle all taxes and all pension funds in 82 countries in about two years. After the sale in 2022, I then joined a payments fintech company called Ebury - I really love the payment space. Last July I left that business, and now I am here at Mynd.
This interview has been edited for clarity. GPA: How did you start your career and then how did it migrate into payroll? Sachin Goklaney: I began my work career in the form of a cadetship, which allowed me to work straight away and have a company pay for textbooks. I did two years part-time, two years full- time, so my degree got extended by one year, but I got the full work experience straight away and a great start at earning at the same time. Then I became a chartered accountant, went to the UK, and started working for a Japanese insurance company in London. My work was in reconciling insurance claims, premiums, all the bookkeeping, the finances. Then, a business partner and I started an arrangement with a
We were small starting but ended up being able to scale to handle all taxes and all pension funds in 82 countries in about two years.
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GLOBAL PAYROLL MAGAZINE ISSUE 24
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