Moneysoft

What Moneysoft does

Moneysoft Ltd is a privately held UK software company headquartered in Fordingbridge that develops and sells Payroll Manager, a Windows-based desktop payroll application, plus a complementary accounting/financial management product called Money Manager. The company focuses on the UK domestic market and serves three core customer segments: small-to-medium employers, accountants and payroll agents managing multiple client payrolls, and Construction Industry Scheme (CIS) subcontractors. Distribution is product-led with a free trial, direct online purchase via moneysoft.co.uk and a dedicated channel targeting chartered accountants and accounting practices.

The product is built around HMRC-recognised PAYE/RTI processing, automatic Tax and National Insurance calculation, Auto Enrolment workplace pension uploads (NEST, NOW: Pensions, The Peoples Pension, True Potential), statutory payment handling (Statutory Sick Pay, Attachment of Earnings Orders, Company Car and Loan Benefits, P11D/PBIK reporting), and bank payment file generation. The architecture is a rule-based calculation engine that ingests HMRC legislation tables and statutory rates, with deep coverage of edge-case UK payroll scenarios rather than a cloud-native SaaS platform; moneysoft retains no customer payroll data on its own servers, with data files stored locally on customer systems.

The business model is a paid software license with annual subscription billing, sold direct via the company website with a self-service free trial. Pricing is not publicly disclosed. The customer base is a long-tail of UK SMBs, individual accountants and CIS contractors; named customers in the data (Phoenix Consultancy Limited, W4S Dental Care, an individual Farm Secretary) are all small operators, with no enterprise or mid-market logos disclosed. Headcount is reported at 1-10 employees, the company is bootstrapped with no funding rounds or external investors recorded, and there is no M&A history, parent company, or public-ownership signal in the input.

Name

Moneysoft

Legal name

Moneysoft Ltd

Website

https://moneysoft.co.uk

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Moneysoft is a privately held UK software company that provides Payroll Manager, a desktop payroll compliance application for UK employers, accountants and CIS contractors, covering HMRC-recognised PAYE/RTI, Auto Enrolment pensions and statutory deductions.

Ownership category

akta.pro rank

Product category

Payroll Software

NAICS

Payroll Services (541214)

SIC

Finance Services (6199)

akta.pro primary industry

Employer Payroll Processing (SMB & Enterprise) (FSAMAKAA)

akta.pro secondary industries

Managed Payroll Services (Full-Service Payroll Outsourcing) (BPAAAHAA), Payroll, Contractor Payments & SME HR Finance (FSAGAJAI)

Keywords

• Payroll management software
• UK payroll compliance
• HMRC PAYE processing
• Auto Enrolment pensions
• CIS subcontractor management

Headquarters

HQ city

Fordingbridge

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing: Moneysoft Payroll Manager is sold as downloadable software with a purchase/license model. Customers can download a free trial before purchasing, suggesting a one-time license or subscription fee structure.

Pricing tiers

Go-to-market motion3 records

Distribution channels2 records

Marketing channels4 records

Core offering

Moneysoft develops and sells Payroll Manager, an HMRC-recognised Windows desktop payroll application for UK employers, payroll agents, accountants, and CIS contractors. The software automatically calculates PAYE tax and National Insurance, manages Auto Enrolment workplace pensions across major UK providers, submits Real Time Information (RTI) filings to HMRC, handles Statutory Sick Pay (including the April 2026 rule changes), processes P11D and PBIK benefits reporting, and supports multiple payslip delivery formats. Moneysoft also offers Money Manager, a separate accounts and personal finance application available in Business Edition and Personal Edition variants.

Product overview

Moneysoft offers a suite of payroll and accounts software products anchored by Payroll Manager (the core product) and Money Manager. Payroll Manager is a comprehensive payroll solution for employers, agents, and CIS contractors that handles automatic tax/NIC calculation, Auto Enrolment pensions, RTI reporting, SSP management, and employee attachments. The product portfolio includes modular add-ons for specific compliance functions including Car Benefits, Loan Benefits, Expenses & P11D reporting, and various attachment types (DEO, CTAEO, DEA, AEO). Moneysoft also provides integration with external services including pension providers (NEST, NOW: Pensions, The Peoples Pension, True Potential) and the PayDashboard online payslip portal. The company focuses on UK payroll compliance with real-time updates for HMRC legislative changes.

Differentiator

Problem solved

Functional benefit

Brands

• Payroll Manager: Payroll software for employers, agents, and CIS contractors with features including auto enrolment, HMRC recognised PAYE, and multiple payslip designs
• Money Manager
• Payroll Manager for Agents & Accountants
• CIS Solution
• Auto Enrolment

Products and services

• Payroll Manager HMRC-recognised Windows desktop payroll software for UK employers, payroll agents, accountants, and CIS contractors. Automatically calculates PAYE Tax and National Insurance, manages Auto Enrolment workplace pensions, submits RTI filings to HMRC, handles Statutory Sick Pay (including April 2026 rules), processes P11D and PBIK benefits, and supports multiple payslip delivery formats.
• Payroll Manager for Agents & Accountants Specialised variant of Payroll Manager built for UK accounting firms, chartered accountants, bookkeepers, and payroll agents who run payroll for multiple client businesses. Provides multi-client management, consolidated reporting, and flexible handling of unusual payment types per client.
• CIS Solution Construction Industry Scheme payroll solution within Payroll Manager for UK CIS contractors. Handles subcontractor verification with HMRC, accurate CIS deduction calculations, and monthly CIS return filing.
• Money Manager Accounts management software available in Business Edition and Personal Edition variants. The Business Edition is aimed at small businesses needing company accounts management, while the Personal Edition targets individual consumers for personal finance management.

Quantifiable outcome

• Cost savings compared to alternative payroll systems - testimonial from W4S Dental Care states 'so expensive in comparison' referring to previous system

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature13 records

Partnerships

Four partnerships are on record, tiered core.

• NEST PensionscoreTechnology or IntegrationNEST is one of the major UK workplace pension providers. Moneysoft Payroll Manager is fully compatible with NEST, allowing automatic pension contribution uploads and compliance with Auto Enrolment requirements.
• NOW: PensionscoreTechnology or IntegrationNOW: Pensions is a major UK Auto Enrolment pension provider. Moneysoft Payroll Manager provides integration for pension contribution uploads.
• The Peoples PensioncoreTechnology or IntegrationThe Peoples Pension is a leading UK workplace pension provider. Moneysoft Payroll Manager supports integration with this provider for Auto Enrolment compliance.
• HMRCcoreStrategic or Co-development PartnerHMRC is the UK tax authority. Moneysoft Payroll Manager is HMRC recognised software for PAYE processing and RTI (Real Time Information) submissions, P11D filing, and statutory payment calculations.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• IRIS Software Group: IRIS is a large UK payroll, HR, and accountancy software provider with multiple payroll products serving accountants, bureaus, and employers. It is a broad incumbent comparable to Moneysoft in UK payroll compliance depth but with substantially greater scale and cloud offerings.
• QuickBooks Payroll: Intuit's QuickBooks Payroll is an integrated cloud payroll solution widely adopted by UK SMBs and accountants. It competes with Moneysoft by bundling payroll with cloud accounting at price points Moneysoft's desktop product must match without the cloud ecosystem.
• Sage Payroll: Sage is the dominant UK payroll and accounting software provider serving SMBs through Sage Business Cloud Payroll. It is a broad incumbent with substantially larger distribution, cloud capability, and bundled accounting-payroll offerings competing with Moneysoft across the same UK SMB customer base.
• Xero: Xero is a leading cloud accounting platform with an integrated UK payroll add-on. It competes with Moneysoft for UK SMB employers and accountants by offering payroll within a broader accounting workflow — a structural threat to standalone payroll products.

Direct peers

• Paycircle: Paycircle is a UK cloud payroll provider targeting SMBs and accountants with an automated, modern alternative to desktop payroll software — directly competing with Moneysoft Payroll Manager on UK SMB payroll with a cloud-native delivery model Moneysoft does not yet offer.
• Pegasus Software: Pegasus Software provides UK accounting and payroll solutions for SMBs and practices. It is a direct UK payroll peer to Moneysoft, competing in the accountant-and-employer segment with similar compliance-driven positioning.
• BrightPay: BrightPay is a UK-focused payroll software product from Thesaurus Software targeting accountants and SMB employers — directly competing with Moneysoft Payroll Manager on Windows desktop payroll for the UK market with similar Auto Enrolment and RTI positioning.
• Payescape: Payescape is a UK payroll bureau and payroll software provider serving SMBs and accountants. It is comparable to Moneysoft as a UK payroll solution provider for the same SMB and accountancy customer segments, with a partially outsourced model.

Emerging players

• Staffology: Staffology is a UK cloud-native payroll and HR platform targeting accountants and SMBs. It is an emerging player offering a modern cloud alternative to legacy desktop UK payroll products like Moneysoft Payroll Manager.

Regional players

• PayFit: PayFit is a European cloud payroll and HR platform headquartered in France with UK operations. It is a regional peer operating an adjacent European market with comparable cloud payroll positioning, providing a benchmark for the cloud-native direction Moneysoft has not yet pursued.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/moneysoftuk
• Facebookfacebook.com/moneysoft.co.uk
• LinkedInlinkedin.com/company/moneysoft-ltd

Compliance1 record

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 Moneysoft