Lessor Group
Lessor Group, now operating as Paychex Europe, is a Denmark-headquartered provider of cloud-based HCM software — payroll, HR, and workforce management — serving 80,000+ organizations across Denmark and Germany under CEO Henrik Fich as a subsidiary of Paychex Inc.
- Company typePrivate
- Founded1972
- HeadquartersAllerød, Denmark
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Lessor Group does
Lessor Group, founded in 1972 and headquartered in Allerød, Denmark, operates today as Paychex Europe — a wholly-owned subsidiary of US-based payroll and HR services company Paychex Inc. The company provides cloud-based human capital management (HCM) software to more than 80,000 organizations across Denmark and Germany, supported by 450+ employees distributed across five regional offices and approximately 11 million payslips processed annually. Henrik Fich serves as Chief Executive Officer.
The product portfolio centers on an integrated HCM suite that unifies HR, payroll, and workforce management on a single cloud platform with real-time data synchronization across modules. In practice the suite is delivered through distinct country- and category-specific brands: Paychex Europe Payroll for Germany, Paychex Europe Lessor Payroll and the Danløn sub-brand for Denmark, Lessor Payroll for NAV & AX (which embeds payroll inside Microsoft Dynamics ERP environments), Paychex Europe Emply People for HR, and Lessor Workforce for shift planning, time tracking, and absence management. The architecture is explicitly modular — customers can buy a single module and later attach the others — which supports a land-and-expand commercial motion.
Revenue is generated through subscription-based SaaS contracts, with quote-based (non-publicly listed) pricing, monthly billing cadence, and direct enterprise field sales supplemented by an inside-sales demo-request pipeline and a partner/reseller channel. The target buyer set is personas (HR Managers, Payroll Specialists, Planners, CFOs, IT Managers) inside Denmark- and Germany-based organizations of varying sizes, with named enterprise customers spanning retail, hospitality, logistics, insurance, manufacturing, energy, education, and non-profit segments. Customer outcomes marketed include a 90%+ satisfaction rate and reduced payroll errors, supported by a multi-channel content and event marketing program anchored on the Paychex Europe Academy.
Lessor Group firmographics
Firmographics- Name
- Lessor Group
- Legal name
- Paychex Europe Denmark ApS & Paychex Europe Germany GmbH
- Website
- https://lessor.dk
- Company type
- Private
- Founded year
- 1972
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Lessor Group, now operating as Paychex Europe, is a Denmark-headquartered provider of cloud-based HCM software — payroll, HR, and workforce management — serving 80,000+ organizations across Denmark and Germany under CEO Henrik Fich as a subsidiary of Paychex Inc.
- Ownership category
- akta.pro rank
Lessor Group industry classification
Industry- Product category
- Human Capital Management Software
- NAICS
- Payroll Services (541214), Professional Employer Organizations (561330)
- akta.pro primary industry
- Human Capital Management (HCM) & Payroll Platforms (HDAEAEAJ)
- akta.pro secondary industries
- Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB), Employer of Record (EOR) & Global Payroll (FSAMAKAB)
Keywords
Where Lessor Group is headquartered
LocationHeadquarters
- HQ city
- Allerød
- HQ country
- Denmark
- HQ region
- Europe
Offices3 records
Markets served
Lessor Group business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Subscription-based SaaS: Cloud-based HCM suite with modular product offerings (Payroll, HR, Workforce) that can be purchased individually or as an integrated suite. Organizations can start with one product and connect more as needed, suggesting a land-and-expand model with subscription pricing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Modular product tiers - Payroll, HR, Workforce, and HCM Suite |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Lessor Group product offering
Product offeringCore offering
Lessor Group, now operating as Paychex Europe, provides cloud-based payroll, human resources (HR), and workforce management software for organizations in Denmark and Germany. Its offerings include an integrated HCM Suite that unifies HR, payroll, and workforce data with real-time synchronization, alongside standalone Payroll, HR (Emply People), and Workforce Management products that customers can buy individually or connect as their needs grow.
Product overview
Lessor Group operates as Paychex Europe, offering an integrated HCM platform with three core product lines: Payroll solutions (Paychex Europe Payroll for Germany, Paychex Europe Lessor Payroll for Denmark, Lessor Payroll for NAV & AX, and Danløn), HR systems (Paychex Europe Emply People), and Workforce management (Paychex Europe Lessor Workforce, Lessor Workforce). These products function as individual standalone solutions that can be connected as part of the Paychex Europe HCM Suite, enabling organizations to start with one product and expand to the full integrated suite for unified HR, payroll, and workforce data synchronization.
Differentiator
Problem solved
Functional benefit
Products and services
- Paychex Europe HCM Suite An integrated Human Capital Management platform that unifies HR, payroll, and workforce data, enabling organizations to manage the entire employee lifecycle from hiring to offboarding within a single synchronized system. Targeted at organizations in Denmark and Germany seeking to replace disconnected HR and payroll tools.
- Paychex Europe Payroll (Germany) A cloud-based payroll solution for Germany that automates salary calculations, tax filings, and compliance reporting with flexible service levels designed to reduce errors and streamline payroll processes. Targeted at German employers.
- Paychex Europe Lessor Payroll (Denmark) A payroll solution for the Danish market, part of the Lessor product line, offering automated salary processing, tax calculations, and compliance with Danish regulations. Targeted at Danish employers.
- Lessor Payroll for NAV & AX A payroll solution integrated with Microsoft Dynamics NAV and AX ERP systems, providing payroll processing capabilities for customers using Microsoft's enterprise resource planning platforms. Targeted at organizations running Microsoft Dynamics NAV or AX.
- Danløn A Danish payroll solution offering streamlined salary processing and compliance with Danish labor regulations, operated as a separate product brand under Paychex Europe. Targeted at Danish employers.
- Paychex Europe Emply People (HR) An HR system that supports the entire employee journey, covering onboarding, employee records, performance reviews, and HR processes with flexible plan options. Targeted at HR Managers and HR teams in Denmark and Germany.
- Paychex Europe Lessor Workforce A workforce management solution for shift planning, time tracking, and absence management, designed to balance staffing, skills, and working-time rules for stable operations and accurate payroll. Targeted at planners and operations leaders in Denmark and Germany.
- Lessor Workforce (Denmark) A workforce management solution for the Danish market, providing shift planning and time registration capabilities with single-system management for employees and managers. Targeted at Danish employers needing shift and time tracking.
Quantifiable outcome
- 90%+ customer satisfaction rate
- +2 more outcomes
Companies that use Lessor Group
Customer profileNamed customers15 records
Segments5 records
Ideal customer profiles5 records
Lessor Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Lessor Group partnerships and signals
Strategic signalScale indicators7 records
Recent moves7 records
Expansion highlights6 records
Lessor Group competitors and assessment
Company assessmentMarket position
Weaknesses5 records
Competitive moat5 records
Customer concentration
Lessor Group social profiles
Digital presenceLessor Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lessor Group leadership team
Management profileNumber of profiles
Profiles1 record
Lessor Group subsidiaries and ownership
Company hierarchySubsidiaries3 records
Lessor Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lessor Group 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 Lessor Group
What does Lessor Group do?
Lessor Group, now operating as Paychex Europe, provides cloud-based payroll, human resources (HR), and workforce management software for organizations in Denmark and Germany. Its offerings include an integrated HCM Suite that unifies HR, payroll, and workforce data with real-time synchronization, alongside standalone Payroll, HR (Emply People), and Workforce Management products that customers can buy individually or connect as their needs grow.
Is Lessor Group a public or private company?
Lessor Group is a private company. It is classified as corporate owned and is currently operating.
When was Lessor Group founded?
Lessor Group was founded in 1972. It employs 51 to 100 people.
Where is Lessor Group based?
Lessor Group is headquartered in Allerød, Denmark, in the Europe region.
How does Lessor Group make money?
One revenue line is on record: subscription-based SaaS.
Does Lessor Group have an API?
No public API is recorded for Lessor Group.
What industry is Lessor Group in?
Lessor Group's product category is Human Capital Management Software. Its primary akta.pro industry code is HDAEAEAJ, Human Capital Management (HCM) & Payroll Platforms, with a secondary code of BPACAIAB, Payroll Software & Payroll-as-a-Service (SaaS). Its NAICS code is 541214.