Homepage CXC Global newsroom

CXC Global acquires Mindkey Asia Group.

Announcement posted by CXC Global 26 Mar 2010

CXC Global Services Limited (CXC) today announced the acquisition of the Mindkey Asia Group. The MindKey Asia group is a leading Microsoft Asia Pacific HR and Payroll partner providing specialist software across the Microsoft Channel.

The acquisition of MindKey will enable CXC to add Multi-Country Payroll, via MindKeys PayFields payroll software, and additional HR Software modules to its current contractor management systems while also gaining the increased ability to service partners within the Microsoft Dynamics Channel. Mindkey Asia will benefit from the increased distribution of their software products and a far more extensive HR/Payroll support network leveraging CXC’s 30 offices in 20 countries. This increased support will greatly enhance the service capability to MindKey Asia’s current customer base.

In addition, the acquisition will also enable CXC to offer increased local payroll processing capabilities in all of their supported countries streamlining their service offering and adding increased value to clients. Both organisations see the Asian HR Services market maturing and clients looking for more overlap with Technology and Service solutions. The union of CXC’s and MindKey Asia’s technology, local knowledge and global reach adds further to their already compelling offerings to customers of all sizes.

“This is a fantastic development which will greatly enhance the capability of CXC to deliver payroll and contingent workforce solutions globally”, commented Dave Thomas Chairman of CXC Global, The Payfields software will be deployed across all major countries over the next few years and will be sold through Microsoft Channel partners raising our profile on a global basis. It will also be integrated with our existing PAYX CMO (Contractor Management Outsourcing) software. I strongly believe this will be of enormous benefit to our clients and will have an amazing impact on our growth over the next 5-10 years.”

Bryan Lockyer CEO of MindKey Asia commented “The synergy between CXC and MindKey is outstanding. Typically we are talking to the same clients from opposite sides of the table. This merger allows us to offer a total solution in the HR space and add the increased value that clients are looking for. Both parties will benefit from increased distribution and deeper client relationships.”

As part of the acquisition Bryan Lockyer with become CEO of CXC Global Services and will focus on developing major multi-national accounts and building the services organisation for CXC globally.


ABOUT CXC Global.
CXC Global™, a leading supplier of contingent workforce solutions, every day helps thousands of organisations (and individual contractors) decrease costs and increase profits by providing innovative contractor management, compliance, risk mitigation, salary packaging, payroll and remuneration solutions.

Founded in 1992 CXC Global™ has offices on 5 continents in 20 countries and has led the development of new technologies and initiatives enabling both corporations and individual consultants to adapt in today’s high performance work environment.

CXC Global™. The global leader in innovative Contractor Remuneration & Contingent Workforce Solutions. Visit www.cxcglobal.com for more information.

About MindKey Asia Group

MindKey Asia Group is an indepentantly owned division of MindKey Software A/S, the Danish software developer who originally developed the HR Modules for Microsoft Dynamics AX. Formed in 1998 there are more than 2000 existing MindKey clients globally and within Asia MindKey Asia are the largest HR/Payroll focused Microsoft Partner.