Asantha Wijeyeratne from PaySauce

Asantha Wijeyeratne is the CEO of PaySauce. Since coming to New Zealand in 1988 as a young accountant, he has built multiple million-dollar businesses in the payroll space. Seeing that the payroll system could be done better he launched an early technology solution in 1995 called SmartBooks. Later know as SmartPayroll it grew to process a good portion of New Zealand business payrolls before eventually being sold to local tech giant Datacom in 2013. But there was still an itch to innovate in the space again with a mobile-first offering that took advantage of emerging tech. So in 2014, PaySauce was born. PaySauce has been in the news lately with its offer of a free "essentials" payroll solution, PaySimple, for New Zealand businesses affected by Covid-19. Its successful right issue brought on board its first institutional investor.

To talk about the journey, what this disrupted world means for business, and how his work in the community helped lead to a Queen’s Service Medal, Wijeyeratne joined us by Zoom from Sri Lanka where he was visiting family at the beginning of lockdown.

Business is Boring is presented by The Spinoff in association with Callaghan Innovation.

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