SINGAPORE, March 27, 2024 /PRNewswire/ -- Multiplier, a leading HR ops platform, has secured the seventh spot on Fast Company's list of the Most Innovative Asia-Pacific Companies of 2024, solidifying its position as an industry pioneer.

Originating in Singapore and spanning across 150 markets, Multiplier empowers businesses to hire, onboard, and pay employees and contractors in regions where they lack established legal entities. Demonstrating its effectiveness across diverse industries, Multiplier boasts a clientele ranging from esteemed Singaporean enterprises like Mediacorp, Govtech, Hudson, and Singpost, to globally recognized brands such as Amazon, Revolve, Kaplan, and Uber. Through its streamlined approach, Multiplier simplifies the international workforce hiring process, with Fast Company's recognition underscoring Multiplier's mission to democratise global employment through innovative solutions such as Employer of Record and Global Payroll.

In 2022, Multiplier disrupted the industry with the introduction of Instantaneous Contracts, enabling companies to onboard employees in under five-minutes. This industry-first solution significantly reduces traditional onboarding times, ushering in a new era of speed and efficiency.

Moreover, Multiplier's comprehensive suite of offerings encompasses contractor management, seamless integration with top HRMS platforms, and precise global payroll processing with an accuracy rate of 99.95%. This all-in-one platform delivers unparalleled value by streamlining processes and reducing costs for clients.

Each year, Fast Company's prestigious list celebrates businesses that push the boundaries of innovation and shape industries. With its revolutionary global employment solutions, including Employer of Record and Global Payroll, Multiplier is transforming HR operations and setting new standards in efficiency and transparency.

"We are deeply honoured to be recognised among the World's Most Innovative Companies of 2024," said Sagar Khatri, CEO & co-founder of Multiplier. "This acknowledgement underscores the transformative impact of our technology in reshaping global employment dynamics. At Multiplier, we're not just revolutionising HR operations, we're empowering businesses to overcome critical challenges such as the talent shortage and the complexities of international expansion. By eliminating layers of bureaucracy and significant costs, we're paving the way for companies to thrive on a global scale like never before."

Despite its technological prowess, Multiplier remains dedicated to maintaining a human touch. With dedicated person-to-person support, the company ensures industry-leading customer satisfaction scores and swift responses across various touchpoints.

Fast Company reviewed thousands of companies from around the world, honouring an exemplary group of businesses that are driving innovation within their industries, and celebrating innovators who push boundaries and shape industries. Multiplier's inclusion is a testament to its commitment to driving progress and innovation in the global job market.

About Multiplier

Multiplier is a global HR Operations platform for HR leaders and professionals who need an easy, fast, and cost-effective way to onboard, pay, and manage the best global talent across 150+ countries. Through best-in-class global payroll, EoR and compliance technology, person-to-person support, and hyper-local employee benefits, Multiplier empowers its customers to connect with the best talent and build a world of limitless opportunity.

About Fast Company

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.