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Paybix - Payroll Services 2023

Vendor Analysis

by Elizabeth Rennie

published on Aug 31, 2023

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Report Overview:

This NelsonHall vendor assessment analyzes Paybix's offerings and capabilities in Payroll Services.

Who is this Report for:

NelsonHall’s Payroll Services profile on Paybix is a comprehensive assessment of Paybix offerings and capabilities, designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of Payroll Services and identifying vendor suitability for security services RFPs
  • Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
  • Financial analysts and investors specializing in the Payroll Services sector.

Scope of this Report:

The report provides a comprehensive and objective analysis of Paybix’s Payroll Services offerings and capabilities, and market and financial strengths, including:

  • Identification of the company’s strategy, emphasis, and new developments
  • Analysis of the company’s strengths, weaknesses, and outlook
  • Revenue estimates
  • Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
  • Analysis of the company’s offerings and key service components
  • Analysis of the company’s delivery organization including the location of delivery locations.

Key Findings & Highlights:

Paybix is a European-managed payroll service provider dedicated to the European SME market. It was established in 2022 in Belgium and targeted organizations expanding to new regions or organizations with employees in multiple countries looking for a unified view across legal entities and countries. It targets the multinational corporations market, with employee populations of up to 250 employees (SMEs) in a given country. In Q3 2022, it launched its proprietary payroll platform, Epix, and currently has five clients.

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