Payroll Services 224-232 St John St. London EC1V 4QR Tel: 0845 873 5619 www.tracepayroll.com Arabella Underwood, Chief People Officer. Customer: Cobra Group of Companies CASE STUDY Cobra Group of Companies Cobra Group of Companies is a billion-dollar group of diversified companies, founded in 1986, with interests in sales and marketing, insurance, financial services, motorsport, energy and high-tech manufacturing. Since 2005 its UK payroll has been handled by Trace Payroll Services. With a new three-year contract signed in 2010, Chief People Officer Arabella Underwood explains the longevity of the relationship with Trace. “Trace feels like an extended part of our team. We’re a small payroll department dealing with five payrolls spread across three locations. That presents lots

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