Administer Oyj

Neste Corporation chooses Silta as payroll administration partner

8.2.2022 15:00:00 EET | Administer Oyj | Press release

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Administer Plc - Press release 8 February 2022 at 3:00 p.m. (Finnish time)

Payroll and HR service company Silta Oy, which is part of Administer Group, will take charge of Neste Corporation’s payroll services starting from 1 April 2022. In accordance with the long-term contract between the companies, Silta offers Neste comprehensive outsourced payroll services. In connection with the partnership, six payroll experts will transfer from Neste to Silta Oy as old employees in the framework of a business transfer.

“We assessed the development measures relating to Neste’s payroll services for its personnel in Finland from different perspectives, such as the quality and reliability of the service process and the related system solutions. A partnership with Silta was considered the best option going forward,” states Miia Lehmuskoski, Vice President of HR Excellence at Neste.

As part of the partnership, Neste’s payroll system will be replaced with a new and effective solution. By choosing the system that best meets the needs of the customer, Silta also ensures that administrative tasks, such as regulatory notifications and reporting, are carried out reliably and on time. Silta combines the work experience of the transferring employees, the broad expertise of Finland’s largest payroll service provider and the opportunities enabled by modern technology, lifting Neste’s payroll administration to a whole new level.

“We are very proud and happy about the partnership with Neste and will do our best to make it a successful one. At the same time, we welcome the six highly skilled payroll administration experts joining us at Silta. Payroll administration is constantly evolving, and clients like Neste are central to this development. At the group level, this collaboration further strengthens our firm position as an expert in financial and payroll administration for the energy industry,” says Kimmo Herranen, CEO of Silta Oy.

Silta Oy is part of Administer Group, which was listed on Nasdaq Helsinki at the end of 2021. The Group comprises five expert companies: Silta Oy offers payroll administration and HR services; Administer Plc offers modern, digital financial administration services; Adner Oy focuses on the financial processes of large companies; Kuntalaskenta Oy provides services particularly to municipalities and communities; EmCe Solution Partner Oy provides software services for financial and payroll administration; and Yrittäjän Polku Oy provides light entrepreneur services. The Group employs over 600 financial administration professionals and operates all over Finland as well as in Stockholm and Tallinn.

More information:

Kimmo Herranen
CEO
Silta Oy
Email: kimmo.herranen@silta.fi
Phone: +358 50 560 6322

Miia Lehmuskoski
Vice President, HR Excellence
Neste Oyj
Email: miia.lehmuskoski@neste.com
Phone: +358 50 458 9590

About Administer Oyj

Administer Oyj
Administer Oyj
Konepajankuja 3 B
00510 Helsinki

Administer Group, founded in 1985, is a Finnish company that offers financial and payroll management services as well as consulting and software services. Our customers include organisations of all sizes, from small and mid-sized companies to large enterprises and municipalities. Our goal is to reform the financial management service market by developing new technologies and solutions. Measured in revenue, we are one of the largest providers of financial management services and HR and payroll services in Finland. In 2020, our revenue was EUR 44 million and we employed approximately 600 financial management professionals.

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