” With Papaya's cutting-edge technology and global banking network, we were delivering payments on the same day. It completely changed the game for us"

  • Challenge

    Managing payments for a global team across 6 entities in multiple countries manually was time-consuming. Email-based processes, scattered data, and individual bank transfers created operational inefficiencies, frequent errors, and unpredictable fees—making it difficult to manage global payments and maintain compliance.

  • Solution

    Aqua Security adopted Papaya Global’s Workforce OS and payments solution to centralize and automate its payroll payments. The unified system streamlined workflows, reduced errors, enabled batch payments in multiple currencies, and ensured compliance with local regulations—replacing manual processes with a fast, easy and automated operation.

  • Results

    Since partnering with Papaya Global, Aqua Security significantly reduced payment processing time, eliminated manual intervention, improved accuracy, and gained full visibility and control over global payments—freeing up the finance team to focus on strategic priorities.

Company

Aqua Security is a pioneer in securing containerized cloud native applications from development to production, helping over 500 of the world’s largest enterprises stay secure while accelerating innovation. The Aqua Platform, a Cloud Native Application Protection Platform (CNAPP), integrates security from Code to Cloud, combining the power of agent and agentless technology into a single solution — all with enterprise scale that doesn’t slow development pipelines.

Challenge

As Aqua Security scaled across six countries — including the UK, Germany, France, Singapore, India, and Australia— managing payroll and workforce payments became increasingly complex. Paying hundreds of employees around the world required separate transactions for each country, often through different banking portals and systems, making the process slow, fragmented, and difficult to track.

Each month, payroll involved multiple payroll providers, spreadsheets, and email threads. This inefficient process created endless back-and-forth to update salaries, correct mistakes, and manage regional compliance. Tax rules and reporting requirements for each country added complexity, while the lack of centralized visibility made it impossible to track where payments stood.

The manual process also led to tangible issues — from duplicate payments and missed tax deadlines to delays in authority submissions that resulted in penalties. Reconciling payments across systems required hours of manual work and constant cross-checking, stretching the finance team thin.

Before automating, Aqua’s finance and payroll teams spent up to four days each cycle coordinating updates, approvals, and payments — all through spreadsheets and email. The manual process made it difficult to track changes, slowing the entire workflow.

“Our previous system relied heavily on email correspondence for managing changes, updates, and corrections. This created challenges with tracking and visibility across our global operations”
Omri Eliyahu, Corporate Controller at Aqua Security

For Aqua, this unsustainable process slowed their ability to scale, increased compliance risks, and drained resources. They needed a single, automated solution for their payroll and global payments that could keep pace with their growth.

“With Papaya, we reduced payroll processing time by nearly 90%. What used to take several days — juggling spreadsheets, emails, and multiple bank portals — is now a single, streamlined workflow. We just review, approve, and it’s done.”
Omri Eliyahu, Corporate Controller at Aqua Security

Solutions

According to Omri Eliyahu, Aqua Security’s Corporate Controller, implementing Papaya’s global payments platform revolutionized how Aqua manages payroll across six countries.

Full Visibility Platform

With Papaya, the finance team gained a clear, real-time view of every global payment, all in one platform. This provides the finance team with a real-time, centralized view of all global payroll and payments, ensuring complete transparency, compliance, and control over every transaction.

Multi-currency payments

Previously complex and costly, the multi-currency wallet solution simplifies the process. Instead of handling multiple transactions and exchange rates, Aqua can make a single, consolidated payment, reducing costs and eliminating complications. Real-time visibility into balances and payment statuses ensures seamless financial management.

Authority Payments

Streamline tax and regulatory submissions across six countries. Payments are automatically calculated and processed in local currencies, eliminating missed deadlines and penalties. With built-in compliance for country-specific tax rules, payments submission is done automatically, on time, eliminating the need for manual effort.

Built-in Payment Controls

Clear approval chains prevent unauthorized transactions, while audit trails ensure full transparency. With permission-based access, Aqua maintains control, ensuring the correct approvals can initiate and approve payments.

System Integrations and Automations

To increase accuracy and eliminate repetitive manual tasks, Aqua leveraged Papaya’s built-in integrations and automation features:

HiBob & NetSuite integrations – Papaya connects directly with Aqua’s HiBob HRIS instance and finance systems, enabling data to flow automatically — no spreadsheets, email threads, or manual updates necessary.

Automated journal entries – Journal entries are automatically created within the platform and then being synced into NetSuite, eliminating manual inputs and saving hours of monthly accounting work.

“The integration means we don’t have to manage Excel files, update data manually, or create journal entries from scratch. It saves so much time, prevents mistakes, and gives our finance team valuable hours back each month.”

Omri Eliyahu, Corporate Controller at Aqua Security

Results

Operational Efficiency

Global payroll used to be a maze of emails, spreadsheets, and manual checks. At every pay cycle, Aqua’s team faced a complex puzzle of vendors, bank portals, and compliance issues. Papaya simplified all of that into one clear process — turning what was once overwhelming into a smooth, repeatable workflow that significantly cuts payroll processing time.

Strategic Focus

By replacing dozens of separate transactions with one bulk payment and automating reconciliations, Aqua significantly reduced banking fees and administrative overhead. The finance team no longer has to manage multiple vendors, portals, and countries — “one click, we fund everyone.”

“Instead of managing payments individually for each country, we now make one consolidated payment and it’s done. Omri Eliyahu, Corporate Controller, Aqua Security

Seamless Payroll, Complete Control

Papaya’s payment platform replaced the manual, error-prone tasks that once slowed Aqua Security’s payroll — delivering faster processing, real-time visibility, and full control.

“Payment automation has transformed how we operate. Papaya’s wallet funding solution gives us complete visibility from authorization to final payment status. Our team can now focus on strategic financial initiatives instead of administrative tasks. The system’s reliability and transparency have elevated our entire global payments process, giving us both efficiency and confidence in our operations.”

Omri Eliyahu, Corporate Controller at Aqua Security