What is Oyster HR and how does it work?

Oyster HR's global employment platform enables companies to hire, pay, and manage teams in over 180 countries without establishing local entities. By integrating with Abacum, finance teams can seamlessly incorporate international workforce data into their FP&A processes, ensuring accurate headcount planning and compensation forecasting across all markets.Benefits of Integrating Oyster HR with Abacum

Benefits of Integrating Oyster HR with Abacum

• Sync employee data, compensation, and benefits costs from Oyster HR directly into Abacum's planning models in real-time

• Automate headcount planning with accurate, multi-currency payroll data from your global workforce, eliminating manual spreadsheet updates

• Build dynamic workforce scenarios that account for local employment costs, taxes, and statutory benefits across different countries

• Connect hiring plans with financial forecasts by linking Oyster's contractor and employee costs to revenue projections and budget allocations

• Generate comprehensive reports combining global workforce metrics with financial KPIs for strategic decision-making

• Ensure compliance-ready financial planning with Oyster's localized employment cost data integrated into Abacum's budgeting workflows

• Enable finance and HR collaboration through unified dashboards showing the financial impact of workforce decisions across all entities