Case Study: Cadence Design Systems achieves timely, compliant APAC payroll and productivity gains with Ascender

Cadence Design Systems - Customer Case Study

Cadence Design Systems is a leading electronic design automation (EDA) company ( $1.82B revenue in 2016, 7,200 employees globally) with over 1,200 employees in Singapore, China, Taiwan and Korea. Payroll for those APAC employees had become a major burden for a four-person team—processing multinational payrolls and staying compliant across jurisdictions was time-consuming and costly—so Cadence engaged Ascender to handle their payroll needs.

Ascender has provided fully managed payroll services to Cadence Asia Pacific for over eight years, delivering end-to-end payroll processing, legislative compliance across four countries, a dedicated responsive team and an annual payroll calendar to aid planning. As a result, Ascender ensured employees were paid on time year‑on‑year, improved payroll accuracy and data quality compared with prior providers, saved the internal team significant time and increased productivity, and earned high satisfaction from Cadence’s payroll manager.

Cadence Design Systems

Kim Sung Woo

Payroll Team Manager