What Nethris does

Nethris (legal entity: CGI Payroll Services Centre Inc.) is a Canadian provider of cloud-based payroll and human capital management (HCM) software targeting small and medium-sized enterprises, operating as a wholly-owned subsidiary of CGI Inc., one of the largest independent IT and consulting firms globally. Founded in 1976 and headquartered in Montreal, Nethris runs a platform-plus-modules architecture anchored by two core products: Nethris Payroll (handling calculations, direct deposits, government remittances, T4/RL-1 slips, and Records of Employment across all Canadian jurisdictions) and Nethris Evo (an HCM and talent management system covering recruitment, onboarding, performance, training, and HR administration, synchronized with payroll). The platform is supplemented by add-on modules including Time Management (Basic and Pro), Report Generator, General Ledger Interface, Group Insurance, Deductions to Recover, and Employee Requests Management, alongside industry-specialized offerings for Quebec construction (CCQ compliance) and restaurant/hotel (tip management, POS integration). A mobile app for iOS and Android supports employee self-service and employer monitoring.

Nethris monetizes primarily through subscription pricing calculated per employee per pay period (starting at $22.46), supplemented by add-on module fees and a managed payroll outsourcing service where dedicated payroll managers execute end-to-end processing. The company serves more than 22,000 Canadian businesses, processes payroll for over 439,000 employees, distributes more than 11.75 million pay slips annually, and transfers roughly $18 billion in funds each year. Go-to-market combines inside sales (phone-based consultants at 1-888-650-6291), a partner referral program for accountants and bookkeepers, and industry-event presence (notably the National Payroll Institute). Six regional offices span Quebec, British Columbia, Alberta, Saskatchewan, Ontario, and Nova Scotia. The platform holds ISO 9001, ISO 27001, ISO 27701, CSAE 3416, and Sarbanes-Oxley-aligned certifications, with all data hosted in Canada and bilingual English/French support.

The business model is a classic SME SaaS flywheel: compliance-driven recurring revenue, vertical specialization (construction, hospitality) layered on top of a horizontal payroll base, and an accountant-led indirect distribution channel that compounds switching costs over multi-year payroll histories. Backing from CGI provides enterprise-grade infrastructure and capital, reducing execution risk but also implying Nethris is unlikely to pursue an independent IPO or external capital raise.

Name

Nethris

Legal name

CGI Payroll Services Centre Inc.

Website

https://nethris.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

251–500 employees

Short description

Nethris is a Montreal-based, CGI Inc.-owned SaaS provider of cloud payroll and human capital management software for Canadian SMEs, serving 22,000+ businesses with automated compliance, add-on modules, and accountant channel partnerships.

Ownership category

akta.pro rank

Product category

Payroll and Human Capital Management Software

NAICS

Payroll Services (541214), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)

SIC

Services-Computer Processing & Data Preparation (7374), Services-Prepackaged Software (7372)

akta.pro primary industry

Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB)

akta.pro secondary industries

Human Capital Management (HCM) & Payroll Platforms (HDAEAEAJ), Managed Payroll Services (Full-Service Payroll Outsourcing) (BPAAAHAA), Employer Payroll Processing (SMB & Enterprise) (FSAMAKAA), Expense Management & Reimbursements Administration (BPACAIAH)

Keywords

• Payroll processing
• Human capital management
• Workforce management
• Payroll compliance software
• Talent management system

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Payroll Processing Services: Subscription-based payroll processing service with fees calculated per employee per pay period. Includes calculations, direct deposits, pay slips, government remittances, and compliance management. Pricing starts at $22.46 per pay period for the complete service package.
2. Supplementary Business Solutions: Additional fees for optional solutions including Time Management, Group Insurance Management, Employee Requests Management, Report Generator, General Ledger Interface, and Deductions to Recover add-ons to the base payroll service.
3. Managed Payroll Services: Full-service payroll management where dedicated payroll managers handle complete payroll execution for clients who prefer to outsource all payroll operations.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Nethris delivers cloud-based payroll processing and human capital management software to Canadian small and medium businesses. The core subscription service automates payroll calculations, government remittances, direct deposits, pay slips, and Records of Employment while staying compliant with federal and provincial legislation. The Nethris Evo talent management system integrates directly with payroll to manage recruitment, onboarding, performance, training, and absence tracking, and the suite is delivered through the proprietary Nethris Internet Suite web portal and the Payroll by Nethris mobile applications for iOS and Android.

Product overview

Nethris is a Canadian human capital management company offering a platform-plus-modules architecture anchored by two core products: Nethris Payroll (Canadian payroll service handling calculations, direct deposits, government remittances, and compliance) and Nethris Evo (talent management system covering recruitment, onboarding, performance, and training). The two core products are directly connected, synchronizing employee data to eliminate duplicate entries. The platform is supplemented by a suite of add-on modules including Time Management (Basic and Pro tiers for digital timesheets and scheduling), Report Generator (custom report creation), General Ledger Interface (payroll-to-accounting export), Group Insurance (premium automation), Deductions to Recover, Employee Requests Management, and the Payroll by Nethris mobile app for both employees and employers. Nethris also offers industry-specific solutions for Construction and Restaurant/Hotel sectors, a managed payroll outsourcing service, and a specialized offering for accountants. All solutions are hosted in Canada with full bilingual (English/French) support.

Differentiator

Problem solved

Functional benefit

Brands

• Nethris Evo: Human capital management and talent management system
• Nethris Payroll
• Time Management
• Report Generator
• General Ledger Interface
• Group Insurance
• Deductions to Recover
• Employee Requests Management
• Payroll by Nethris

Products and services

• Nethris Payroll Subscription-based Canadian payroll service handling payroll calculations, direct deposits to multiple bank accounts, government remittance management, source deductions, pay slips, T4 and RL-1 tax slips, and Records of Employment (ROE) submission to Service Canada for SME employers.
• Nethris Evo Human capital management platform covering the full employee lifecycle including recruitment, onboarding, performance management, training, absence tracking, and HR administration, with bidirectional data synchronization to Nethris Payroll.
• Payroll by Nethris Mobile Application Free mobile application for iOS and Android that allows employees to view pay slips, T4 and RL-1 tax slips, and personal information, while enabling employers to send pay slips and monitor payroll processing in real time.
• Time Management Standalone time tracking and workforce management module available in Basic and Pro editions, providing digital timesheets, electronic punch clock integration, absence requests, employee scheduling, work schedule planning, and automatic payroll transaction generation from time data.
• Report Generator Standalone report creation tool that lets users design report templates using real-time payroll data, schedule automated report production, and export results in PDF, Excel, or text formats.
• General Ledger Interface Standalone integration that automates generation and export of payroll accounting entries (salaries payable) to accounting software including Sage 50, Sage 300 ERP, NetSuite, QuickBooks Online, Yardi, Acomba, Quasimodo, Avantage, Dynabec, and Microsoft Great Plains.
• Group Insurance Management Standalone module that automates group insurance premium calculations, coverage management, and the display of insurance details on employee pay slips.
• Deductions to Recover Standalone module that automates recovery of payroll deductions such as pension plan contributions, group insurance, and social club contributions during or after an employee's absence, with configurable schedules and amounts.
• Employee Requests Management Standalone web and mobile application enabling employees to submit absence, equipment loan, or insurance change requests, with configurable approval workflows and automatic recording in payroll transactions.
• Restaurant and Hotel Industry Solution Industry-specialized payroll and scheduling solution for restaurants, hotels, and hospitality businesses, including tip tracking on pay slips, integrated point-of-sale data import from Maitre'D, scheduling calendars, time bank management, and industry-specific reporting.
• Construction Payroll Services Specialized payroll service for CCQ-governed construction companies, handling CCQ report production, CNESST compliance, union dues, employee benefits, residential contributions, automatic wage rate updates, and project-based labour cost allocation.
• Payroll for Accountants Online payroll service tailored for accounting professionals managing payroll for multiple client companies, offering multi-company dashboard management, billing reports, payroll simulation, configurable client access rights, and year-end processing.
• Managed Payroll Services Full-service payroll outsourcing in which a dedicated Nethris payroll manager executes the complete payroll cycle on behalf of the client, providing a single point of contact.

Quantifiable outcome

• 96% customer satisfaction rate
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration24 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered flagship and core.

• National Payroll Institute (NPI/CPA)flagshipStrategic or Co-development PartnerStrategic partner representing over 40,000 payroll practitioners. The institute works with Nethris to optimize payroll administration in compliance with legislation. Nethris is a member of this association.
• AgendrixcoreTechnology or IntegrationTechnology partner (API integration) providing efficient employee scheduling, timesheet tracking, and communication solutions. Helps businesses manage schedules, work hours, and attendance.
• EmprezcoreTechnology or IntegrationTechnology partner providing solutions for managing schedules, work hours, and attendance. Reduces time spent calculating hours worked.
• CGI Inc.flagshipOthersNethris is a trademark of CGI Inc., one of the largest independent IT and business consulting services firms globally. Nethris benefits from CGI's world-class experience, know-how, and IT infrastructure.
• Restaurants CanadacoreOthersAssociation partner supporting SMEs in the restaurant and hospitality industry. Nethris maintains membership to ensure solutions meet industry needs.
• Canadian Federation of Independent Business (CFA)coreOthersAssociation partner representing Canadian SMEs. Nethris supports entrepreneurs through this partnership.
• Start-Up CanadacoreOthersAssociation partner supporting Canadian entrepreneurs and startups. Nethris provides payroll solutions to support startup growth.

Scale indicators10 records

Recent moves6 records

Expansion highlights3 records

Market position

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCaHeG_kaRO_-wIP_PxorqNQ
• Facebookfacebook.com/nethris.solutions
• LinkedInlinkedin.com/company/nethris
• Instagraminstagram.com/_nethris

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nethris