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Payslip - Payroll Services 2022

Vendor Analysis

by Elizabeth Rennie

published on Sep 01, 2022

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Report Overview:

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

Who is this Report for:

This profile is a comprehensive assessment of Payslip’s Payroll Services 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 Payslip’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:

Payslip, headquartered in Co Mayo, Ireland, is dedicated to providing global payroll technology. The company was formed in 2016 by an international operations director with a tax background with the ambition to deliver a global payroll SaaS that gives visibility across countries in a single platform while retaining existing payroll vendors in each country. 

Where a payroll service is required, Payslip has an established network of in-country service providers that it can refer to on an as-needed basis. These include global accounting firms and many local in-country payroll bureaus.

Payslips's global payroll control platform supports ~50 customers and supports an estimated ~110k payslips monthly. Payslip has ~100 employees primarily based in Ireland, Bulgaria, Spain, the U.S., and the U.K.

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