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Algapay: a revolution in WorkTech Kazakhstan's first ecosystem around an employee

In the world of technology, there are more and more solutions aimed at simplifying the interaction between employers and employees. However, in Kazakhstan, the market for WorkTech (Workplace Technology), technologies for personnel management, is just beginning to take shape. Algapay, the first and so far the only company in the country implementing WorkTech solutions for business, is becoming a pioneer in this direction.

WorkTech is a digital solution aimed at optimizing HR processes, automating HR workflow, and improving employee convenience. This segment is already actively developing in the world: companies use WorkTech to monitor productivity, flexible payments, manage the adaptation of new employees and automate routine HR tasks.

The WorkTech market is showing rapid growth: according to forecasts, its global volume will increase from $25.47 billion in 2024 to $69.89 billion by 2030 (average annual growth of 18.7%). Investments in HR technologies alone (one of the key categories of WorkTech) in 2024 amounted to $5.7 billion (Grand View Research, 1WorkTech).

In Kazakhstan, the introduction of WorkTech is a step into the future. According to a study by the Boston Consulting Group, 72% of employers in the CIS countries face problems of inefficient personnel management, including paperwork and delays in payments. Most companies still use traditional HR processes that require significant time and financial resources.

Algapay becomes the first player to change the rules of the game and create a WorkTech ecosystem from scratch. In the future, WorkTech solutions may become as important a business element as ERP systems or CRM platforms, the company believes. To date, Algapay has already attracted $3 million in private investment, and further development of the ecosystem opens up new opportunities for digital transformation of the labor market and business efficiency improvement.

Algapay is already known in the market as a flexible payment service that allows employees to receive their earnings at any convenient time without having to wait for payday. However, now the company is moving beyond the usual advance payment, offering a comprehensive solution for automating HR processes.

Algapay's key features include:

  • the registration of the admission and dismissal of employees is completely digital;
  • signing of personnel documents according to the employer's template with legal force;
  • payment management, including instant advances and settlement payments;
  • integration with accounting and HR systems for full control over processes;
  • automation of working time accounting using biometrics.

Previously, HR specialists spent hours processing documents and calculating advances, but now all this can be done in a few clicks through a convenient mobile application. According to Algapay, the implementation of their WorkTech solutions allows companies to reduce the time spent on HR operations by up to 40% and reduce document management costs by 30%. This makes HR management more transparent, convenient, and cost-effective.

Algapay CEO Meruert Alpieva is confident that WorkTech is the future.: "Today, companies are striving for digitalization, but many HR processes are still complex and non-automated. Most employers face numerous challenges, including complex payroll processes, document management, working time control, and the adaptation of new employees. These tasks require significant time and financial resources, reducing business efficiency. We are creating a WorkTech ecosystem that makes HR management convenient and technological. This is not just a trend, it is a necessity for modern business."

"We are proud that our clients in Kazakhstan are leading companies in their industries: leaders of FMCG and retail — Becker & K, Kamerton and Melody of Taste, representatives of the mining and chemical industries — Bass Gold and KVS Chemicals, the insurance sector — Nomad Life CSG, as well as the largest international The Astana Hub technopark of IT startups in Central Asia is becoming pioneers in the field of WorkTech and is already actively implementing advanced solutions together with Algapay. Our solutions help them to increase operational efficiency, reduce costs and create a comfortable environment for employees, which makes their business more competitive in a rapidly changing economy," says SRO Algapay Aizharkyn Burkanova.

Algapay— a company within the Sapa Group, a leading player in the field of digital finance and technology, is not just a technology startup, but an initiator of global changes in the field of personnel management in Kazakhstan. Being the first and so far the only company implementing WorkTech in the country, Algapay opens up new horizons for business. In the coming years, WorkTech may become an integral part of a corporate environment where technology works for the benefit of employees and employers. According to experts, the implementation of such solutions will allow businesses to reduce administrative costs for HR processes by an average of 40%, which will be a significant economic advantage. And this path has already begun.