Paycircle
- Company typePrivate
- Founded2015
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Paycircle firmographics
Firmographics- Name
- Paycircle
- Legal name
- Paycircle
- Website
- https://paycircle.co.uk
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Paycircle industry classification
Industry- Product category
- Payroll Software
- NAICS
- Payroll Services (541214), Professional Employer Organizations (561330)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB)
- akta.pro secondary industries
- Employer Payroll Processing (SMB & Enterprise) (FSAMAKAA), Managed Payroll Services (Full-Service Payroll Outsourcing) (BPAAAHAA)
Keywords
Where Paycircle is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Paycircle business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription: Paycircle operates as a cloud-based SaaS payroll platform charging subscription fees for access to their payroll management software. The platform offers different tiers suitable for SMBs and payroll bureaus.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Quote-based pricing for SMBs and Payroll Bureaus |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Paycircle product offering
Product offeringCore offering
Paycircle is a cloud-based payroll software platform that automates payments, tax calculations, RTI submissions, and bulk employee data management for UK and Ireland SMBs and payroll bureaus. It includes employee self-service portals, customisable reporting, advanced encryption and access controls, and collaboration tools for bureaus managing multiple client payrolls.
Product overview
Paycircle is a single cloud-based payroll platform designed for UK and Ireland SMBs and payroll bureaus. The platform provides automated payroll processing, RTI tax compliance, bulk employee management, and employer/employee self-service portals. Paycircle integrates with PeopleHR (Access Group's HR software) to offer a unified HR and payroll solution, combining payroll data with broader HR management capabilities in one connected system.
Differentiator
Problem solved
Functional benefit
Products and services
- Paycircle Cloud-based payroll management platform for UK and Ireland SMBs and payroll bureaus. Automates payments, RTI-compliant tax calculations, bulk processing, and employee data management, with employee self-service portals and collaboration tools for bureaus.
Quantifiable outcome
- Pays more than 2.3 million employees across the UK and Ireland every month
Companies that use Paycircle
Customer profileNamed customers8 records
Segments2 records
Ideal customer profiles2 records
Paycircle technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature6 records
Paycircle partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- PeopleHRcorePaycircle integrates with PeopleHR HR software, enabling SMBs to have all HR and pay data in one place. The integrated HR and Payroll solution helps build a connected workplace.
- Microsoft AzurecorePaycircle is hosted on Microsoft Azure cloud platform, chosen for its limitless scalability, regulatory compliance, focus on security, and built-in Disaster Recovery capability.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Paycircle competitors and assessment
Company assessmentDirect peers
- BrightPay: BrightPay is a UK and Ireland-focused cloud payroll product serving SMBs and accountants/bureaus with RTI-compliant payroll. It is a direct competitor in the same niche customer base and pricing band as Paycircle.
- IRIS Software Group (IRIS Payroll): IRIS is a major UK payroll and HR software provider serving accountants, bureaus and employers. It overlaps directly with Paycircle in the UK payroll bureau and SMB segments.
Broad incumbents
- Sage Payroll: Sage is a UK-founded incumbent offering payroll as part of its broader accounting and HR cloud suite. It is a broad incumbent competitor to Paycircle in the UK SMB payroll market.
- Xero Payroll: Xero bundles UK payroll with its accounting platform and is widely used by SMBs and their accountants. It competes with Paycircle as a broader incumbent offering integrated payroll.
- QuickBooks Payroll (Intuit): Intuit's QuickBooks Payroll is a UK SMB payroll product embedded in the QuickBooks accounting ecosystem. It is a broad incumbent competing for the same end-employer customer.
- ADP UK: ADP is a global payroll and HR services giant with a UK offering spanning SMB through enterprise. It is a broad incumbent that competes with Paycircle in the UK market with significantly larger scale.
Emerging players
- Moneysoft: Moneysoft is a UK-focused payroll and pay insights platform often used by SMBs and advisors. It is an emerging player with overlapping UK payroll functionality aimed at a similar SMB/bureau audience.
- Cintra HR & Payroll: Cintra is a UK HR and payroll software provider serving mid-market and SMB employers. It overlaps with Paycircle on UK payroll processing and compliance functionality.
- Employment Hero: Employment Hero is an emerging international SMB HR and payroll platform with growing UK presence. It is comparable as a cloud-native SMB payroll/HR challenger to Paycircle.
- Pento: Pento is an emerging cloud payroll provider in the UK and Europe targeting SMBs and their accountants. It is a comparable emerging player with a similar SaaS-first, accountant-channel GTM to Paycircle.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Paycircle social profiles
Digital presencePaycircle compliance and trust
Trust signalCompliance3 records
Paycircle financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paycircle leadership team
Management profileNumber of profiles
Profiles2 records
Paycircle funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paycircle M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paycircle
What does Paycircle do?
Paycircle is a cloud-based payroll software platform that automates payments, tax calculations, RTI submissions, and bulk employee data management for UK and Ireland SMBs and payroll bureaus. It includes employee self-service portals, customisable reporting, advanced encryption and access controls, and collaboration tools for bureaus managing multiple client payrolls.
Is Paycircle a public or private company?
Paycircle is a private company. It is classified as corporate owned and is currently operating.
When was Paycircle founded?
Paycircle was founded in 2015. It employs 11 to 50 people.
Where is Paycircle based?
Paycircle is headquartered in London, United Kingdom, in the Europe region.
How does Paycircle make money?
One revenue line is on record: saaS Subscription.
Who are Paycircle's main competitors?
Direct peers on record are BrightPay and IRIS Software Group (IRIS Payroll). Broad incumbents are Sage Payroll, Xero Payroll, QuickBooks Payroll (Intuit) and ADP UK. Emerging players are Moneysoft, Cintra HR & Payroll, Employment Hero and Pento.
Does Paycircle have an API?
No public API is recorded for Paycircle.
What industry is Paycircle in?
Paycircle's product category is Payroll Software. Its primary akta.pro industry code is BPACAIAB, Payroll Software & Payroll-as-a-Service (SaaS), with a secondary code of FSAMAKAA, Employer Payroll Processing (SMB & Enterprise). Its NAICS code is 541214 and its SIC code is 6199.