*Payoneer acquired Skuad for $61 million in Aug 2024, re-branding the business unit as Payoneer Workforce Management. TechCrunch
The Integration Hurdle
To run error-free, multi-country payroll, the team had to:
- Read rich employee & timesheet data from a growing mix of HRIS systems (Workday, BambooHR, Darwinbox …) and normalise country-specific fields (overtime codes, gratuity rules).
- Generate granular GL entries in NetSuite and other accounting systems for each pay run—covering subsidiaries, departments, classes and multi-currency tax lines.
- Test every edge-case without risking production data—but NetSuite sandboxes are pricey and scarce.
Engineering estimated 10–12 weeks to build/maintain separate HRIS readers + a NetSuite writer, with ongoing schema tweaks each quarter.
Knit’s Unified API Solution
| Knit Capability | Outcome for Payoneer WM |
|---|---|
| Unified /hris & /accounting models | One normalised surface for all HRIS and Accounting sources, slashing duplicate code by 80%. |
| AI Connector Builder | Added a “Timesheet Detail API” (including custom overtime buckets) in 4 days. |
| Pre-provisioned NetSuite sandbox | QA could run automated payroll tests and gained confidence in the rollout. |
| White-glove onboarding | Solutions architect tuned batch sizes & retry logic, hitting 99.99% SLA within the first release. |
| Field-level filtering & scopes | Only payroll-relevant columns synced, satisfying SOC 2 auditors. |
90-Day Impact
| KPI | Before Knit | After Knit |
|---|---|---|
| Engineering time to first live pay run | 11 weeks | 16 days |
| Manual GL adjustments/quarter | ~350 lines | < 20 (-94%) |
| Payroll close window | 4 days | < 24 hrs |
| Dev hours re-allocated to product | — | ≈120 hrs/quarter |
“Knit shipped a brand-new Timesheet API in a week and handed us a ready-to-use NetSuite sandbox. That velocity is priceless when you’re running payroll in 40+ countries.”
— Rohit Singh, Founder, Skuad / GM Payoneer Workforce Management
Why Payoneer WM Chose Knit
- Unified API future-proofs new HRIS & ERP requests.
- Rapid API enhancements via AI builder keep up with changing payroll logic.
- Bundled sandboxes + white-glove support remove the biggest ERP bottlenecks.
