Rebuilding and Scaling Global Payroll Operations

The Challenge

Consensys operates at global scale with a distributed workforce across multiple countries, payroll providers, and employer of record partners. Rapid growth, evolving compensation models, and jurisdictional complexity created fragmentation across payroll operations, documentation, and accounting alignment.

Leadership needed a full operational reset, not a patch. The mandate was clear, stabilize payroll globally, document everything, ensure compliance, and create a system that could scale with the business.

BobFi’s Role

BobFi was engaged to perform a full end-to-end review of global payroll operations and assume functional ownership of Global Payroll Director responsibilities. This included rebuilding workflows, documenting processes, coordinating vendors, and partnering closely with Finance and Accounting to restore confidence and control.

What We Did

Global Payroll Assessment and Redesign
BobFi conducted a comprehensive review across all regions, providers, and workflows.

• Evaluated payroll processes across US and international populations
• Identified gaps in controls, approvals, and handoffs
• Standardized payroll calendars, inputs, and validations
• Built a scalable global payroll operating model

Workflow and Process Documentation
One of the core deliverables was creating institutional clarity.

• Fully documented payroll processes by country and provider
• Created end-to-end workflow maps from HR input through accounting close
• Defined ownership and escalation paths
• Developed SOPs designed for audit and continuity

Employer of Record Coordination
BobFi worked directly with multiple EOR partners to bring consistency and accountability.

• Established clear approval and funding workflows
• Standardized data handoffs and timelines
• Resolved discrepancies and ongoing operational issues
• Ensured alignment between HR, Payroll, Finance, and EOR partners

Crypto Payroll Enablement
BobFi supported the rollout of a crypto payroll solution through a trusted partner, enabling compliant, modern compensation options.

• Designed crypto payroll workflows alongside traditional payroll
• Coordinated vendor setup and integration
• Ensured reporting alignment and internal controls
• Advised on operational and compliance considerations

Global Payroll Director Responsibilities
BobFi assumed full functional leadership over global payroll operations.

• Owned payroll approval flows and segregation of duties
• Partnered with Accounting on payroll journal entries and reconciliations
• Supported month-end close and audit readiness
• Acted as the central point of accountability across regions

Cross-Functional Partnership
BobFi embedded deeply with HR, Finance, and Accounting teams.

• Weekly operating touchpoints with global stakeholders
• Live issue resolution and decision support
• Continuous improvement and process refinement
• Leadership-level visibility and reporting

The Results

• Stabilized global payroll operations across all regions
• Fully documented, repeatable payroll workflows in place
• Improved compliance and audit readiness
• Clear segregation of duties and approval controls
• Clean alignment between payroll and accounting
• Increased confidence from leadership and internal teams

Why This Worked

BobFi did not act as an auditor or advisor on the sidelines. We stepped in as operators, built the foundation, and created systems that could endure. By combining deep payroll expertise with real execution, we turned complexity into clarity.

The Takeaway

Global payroll is not just a function, it is infrastructure. When built correctly, it becomes a source of trust, scale, and operational strength.