The payroll accounting software industry furnishes specialized programs which streamline, automate, and manage all tasks related to employee payment calculations. Industry companies, like Workday and Paychex, offer solutions such as payroll processing, time and attendance tracking, finance management, and benefit administration among other services. The growing trend of cloud applications, driven by adaptability and accurate data-driven decisions, is gradually shaping the future of this market. As businesses lean more into digital transformations, the demand for dependable, efficient and regulatory compliant software platforms continues to rise.


Top 25 Payroll Accounting Software Companies

1. Workday

  • Website: workday.com
  • Headquarters: Pleasanton, California, United States
  • Founded: 2005
  • Headcount: 10001+
  • Latest funding type: Ipo
  • LinkedIn

Workday is a leading provider of enterprise cloud applications for finance, HR, and planning. They offer a comprehensive suite of solutions that help businesses manage their financial and human capital management needs. With their adaptable architecture, Workday enables businesses to pivot quickly and make data-driven decisions. Their products include financial management, human capital management, payroll, talent management, and more.


2. Paychex

  • Website: paychex.com
  • Headquarters: Rochester, New York, United States
  • Founded: 1971
  • Headcount: 10001+
  • Latest funding type: Ipo
  • LinkedIn

Paychex.com is a company that provides payroll and HR solutions to businesses of all sizes. Their services include payroll processing, time and attendance tracking, employee benefits administration, and business insurance. They offer easy online setup and integrations with other products. Paychex aims to help businesses save time, reduce errors, and stay informed of new regulations.


3. giant group

Giant Group is a financial services company providing payroll, finance, and accounting solutions to agencies and clients. They offer umbrella services, payroll software, and finance+ services. With a focus on efficiency and accuracy, Giant Group helps businesses manage their finances and comply with legal requirements.


4. First Bit Middle East

  • Website: firstbit.ae
  • Headquarters: Dubai, Dubai, United Arab Emirates
  • Founded: 1997
  • Headcount: 5001-10000
  • LinkedIn

FirstBIT is a software company based in Dubai, UAE. They provide cutting-edge technology and creative software ERP solutions to meet all IT automation demands. Their services include ERP software solutions, system installation and configuration, network support, and technical assistance. They cater to various industries such as contracting, distribution, construction, and small businesses, offering real-time project tracking, inventory management, HR and payroll management, project estimation, and financial and accounting solutions.


5. FreeAgent

  • Website: freeagent.com
  • Headquarters: Edinburgh, Midlothian, United Kingdom
  • Founded: 2007
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

FreeAgent is a UK-based bookkeeping software for small businesses offering features such as end-of-year filing, estimates and invoicing, expense tracking, time tracking, payroll, banking, and accounting. It provides business insights, secure data handling, and integration with other platforms. FreeAgent also offers resources like blogs, guides, webinars, and videos for business owners and accountants.


6. Tripletex AS

Tripletex is a complete, cloud-based accounting program that offers automated financial reporting and calculation, simplifying the process for accountants. It also provides modules for payroll management, project tracking, and inventory control. With integrations and smart solutions, Tripletex helps businesses maintain control over their finances and operations.


7. AccountantsWorld

  • Website: accountantsworld.com
  • Headquarters: Hauppauge, New York, United States
  • Founded: 2000
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

AccountantsWorld is a cloud-based processing center exclusively for accountants that offers highly profitable payroll services through Payroll Relief. It aims to make accounting practices more relevant and rewarding by providing powerful software and solutions. The company is committed to supporting professional accountants and does not directly sell products or services to clients.


8. Bokio

  • Website: bokio.se
  • Headquarters: Göteborg, Västra Götaland, Sweden
  • Founded: 2015
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

Bokio is a digital accounting and bookkeeping platform that offers comprehensive guides and support for small business owners. With features like automatic bank connection and pre-made templates, users can easily manage their bookkeeping and prepare financial statements. Bokio also provides additional services like invoicing, payroll management, and integration with other financial systems.


9. Agenda Informationssysteme GmbH & Co. KG

Agenda Software provides comprehensive software solutions for small businesses, self-employed bookkeepers, and tax consultants. Their products include payroll accounting, financial accounting, and business management software. They offer a user-friendly interface and regular updates to ensure a stress-free experience for their customers.


10. GreenSlate

  • Website: gslate.com
  • Headquarters: Burbank, California, United States
  • Founded: 2004
  • Headcount: 201-500
  • Latest funding type: Private Equity
  • LinkedIn

GreenSlate is a payroll software company that offers union and non-union entertainment payroll services and solutions. Their technology makes business efficient and secure, allowing users to work from any device. They provide services such as digital startwork, timecards, tax documents, and training platforms.


11. Patriot Software, LLC

  • Website: patriotsoftware.com
  • Headquarters: Canton, Ohio, United States
  • Founded: 2002
  • Headcount: 201-500
  • Latest funding type: Series A
  • LinkedIn

Patriot Software is a reputable company in the accounting and payroll industries, offering affordable and user-friendly software solutions for businesses. With comprehensive products like payroll, accounting, HR software, and time and attendance software, Patriot Software helps businesses streamline their administrative tasks and improve efficiency.


12. Intuit

  • Website: intuit.com
  • Headquarters: Mountain View, California, United States
  • Founded: 1983
  • Headcount: 10001+
  • Latest funding type: Ipo
  • LinkedIn

Intuit is a company that offers a range of financial software solutions and services, including QuickBooks, TurboTax, and Mint. These tools are designed for individuals, small businesses, and accountants to manage their finances, taxes, and payroll efficiently.


13. DATEV eG

  • Website: datev.de
  • Headquarters: Nuremberg, Bayern, Germany
  • Founded: 1966
  • Headcount: 5001-10000
  • LinkedIn

DATEV is a company that offers software solutions for tax consultants, auditors, lawyers, and businesses. They provide comprehensive tools for accounting, payroll, financial management, and tax compliance. DATEV empowers professionals to simplify their processes and maximize efficiency.


14. Accountor Suomi

  • Website: accountor.com
  • Headquarters: Espoo, Southern Finland, Finland
  • Founded: 1944
  • Headcount: 1001-5000
  • LinkedIn

Accountor is a provider of accounting, payroll, and financial advisory services. They offer web-based software solutions and provide assistance with budgeting, financial control, and integrations. With offices in multiple countries, Accountor serves a diverse range of clients and offers recruitment services as well. Their consultants provide expertise in areas such as reporting, debt collection, and payroll management.


15. Wave HQ

  • Website: waveapps.com
  • Headquarters: Toronto, Ontario, Canada
  • Founded: 2009
  • Headcount: 201-500
  • Latest funding type: Acquired
  • LinkedIn

WaveApps is a company that provides free accounting software, invoicing software, and banking software for small business owners. They offer features such as recurring billing, online payments, track income and expenses, and payroll management. Their services are available on desktop and mobile platforms.


16. Zalaris

  • Website: zalaris.com
  • Headquarters: Oslo, Oslo, Norway
  • Founded: 2000
  • Headcount: 501-1000
  • Latest funding type: Acquired
  • LinkedIn

Zalaris is an HR and payroll solutions provider that simplifies work life and supports the creation of sustainable businesses. With a focus on digitalization, Zalaris offers core HR and payroll software, as well as travel and expense management, talent management, and reporting and analytics solutions. They also provide a range of services, including payroll, HR, accounting and reconciliation services. Zalaris partners with SAP to deliver integrated HR and payroll solutions, serving customers across various industries.


17. ACCEO Solutions

  • Website: acceo.com
  • Headquarters: Montréal, Québec, Canada
  • Founded: 1988
  • Headcount: 501-1000
  • Latest funding type: Acquired
  • LinkedIn

ACCEO Solutions Inc. is a company that offers various software and services for different industries including construction, retail, childcare, and public sector. They provide solutions such as accounting software, retail management systems, payroll management, and payment solutions. With a focus on electronic business operations, ACCEO aims to help businesses achieve balance and competitiveness.


18. Lexware

  • Website: lexware.de
  • Headquarters: Freiburg, Baden-Württemberg, Germany
  • Founded: 1989
  • Headcount: 1001-5000
  • LinkedIn

Lexware.de offers various software solutions to support business processes and provides them as web applications for use over the internet (SaaS solution).


19. BPM Consulting Ltda / Experiencias colaborativas entre ustedes y sus clientes.

BPM Consulting is a Colombian company that offers affordable, functional, innovative, and technology-focused outsourced services to Colombian companies. Their goal is to enhance internal processes and meet the needs of both acquiring companies and end consumers.


20. Censof Holdings Berhad

Censof is a financial management solutions company that offers reliable and robust software solutions for businesses. They specialize in providing accounting management software, e-commerce solutions, inventory management, and payroll management solutions for SMEs. With a focus on delivering outstanding results that improve client growth, Censof aims to modernize and integrate their solutions in innovative ways.


21. Mustard Seed Systems Corporation

Mustard Seed Systems Corporation is a premier one-stop shop of business solutions for Small and Medium Enterprises (SMEs) in the Philippines. With branches in Bacolod, Davao, Cebu, Cagayan de Oro, Iloilo, and Hong Kong, MSSC offers pre-customized products and services tailored to serve customers in any industry, helping growing businesses succeed.


22. Castelec Internacional, S.A. de C.V.

  • Website: castelec.mx
  • Headquarters: Monterrey, Nuevo León, Mexico
  • Founded: 1991
  • Headcount: 201-500
  • LinkedIn

ALPHA ERP® is an administrative and accounting software for businesses, specializing in serving small and medium-sized enterprises (SMEs). It offers a range of modules including banking, clients, suppliers, warehouse, accounting, payroll, business intelligence, e-commerce, e-procurement, production, maintenance, and service. ALPHA ERP® provides additional services such as consultancy, training, and support to help businesses optimize their operations.


23. transtecnia s a

Transtecnia.cl is a leading provider of digital accounting and payroll solutions in Chile. They offer a range of services including digital accounting, payroll management, digital financial consulting, and digital financial analysis. Their goal is to empower accountants and businesses by providing them with the tools and knowledge they need to thrive in the digital era.


24. fulll

  • Website: fulll.fr
  • Headquarters: Lyon, Auvergne-Rhône-Alpes, France
  • Founded: 2021
  • Headcount: 201-500
  • LinkedIn

Fulll.fr is a company that provides digital transformation services to experts-accountants. They offer innovative tools and solutions to optimize the management of accounting files, improve productivity, and attract and retain talents. Their services include social production software, training, data migration, and a range of customizable tools for accounting, HR, and business management.


25. HRworks GmbH

  • Website: hrworks.de
  • Headquarters: Freiburg Im Breisgau, Baden-Württemberg, Germany
  • Founded: 1998
  • Headcount: 51-200
  • LinkedIn

HRworks offers a reliable solution for personnel management, helping companies save time on routine tasks such as job portal management, applicant tracking, onboarding, and employee administration. With features like digital time tracking, absence management, and easy access to relevant data, HRworks simplifies HR processes.


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