Abacus Payroll Inc

What Abacus Payroll Inc does

Abacus Payroll, Inc. is a private, US-domiciled (New Jersey) payroll services provider founded in 1999 and headquartered in Hammonton, NJ, with a secondary office in Cherry Hill, NJ. The company delivers full-service payroll processing, HR compliance, and workforce management solutions to small businesses — primarily those with 5 to 500 employees — operating across New Jersey, Pennsylvania, Delaware, Maryland, and New York. Core revenue comes from a base monthly subscription covering payroll processing, federal/state/local tax filing, direct deposit, year-end W-2/W-3 forms, and a dedicated payroll specialist per client, supplemented by transactional pay-run add-ons (local tax filing, check printing, certified payroll, garnishments) and bundled HR add-ons (Essential HR, Advanced HR, Mineral HR compliance platform, Swipeclock timekeeping, PAYG workers' comp, 401(k) integration, pay cards, background checks).

The underlying technology is non-proprietary: Abacus runs on Asure's Evolution HCM platform for web-based payroll and Employee Self-Service, integrates Swipeclock for timekeeping, and resells Mineral HR for compliance content. Differentiation is service-led rather than technology-led — human-first, consultative, white-glove support for SMB owners who lack in-house payroll expertise. Go-to-market is sales-led and direct, using website quote forms, phone outreach, and a Mid-Atlantic referral network anchored by CPAs, accountants, bankers, and attorneys. The company is privately held with no institutional investment disclosed, is operationally affiliated with accounting firm Alloy Silverstein Group, and cites a 99.3% client retention rate alongside 25 years of continuous operation as its primary commercial proof points. No public pricing is published; contracts are quote-based and modular.

Name

Abacus Payroll Inc

Legal name

Abacus Payroll, Inc.

Website

https://abacuspay.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

Abacus Payroll is a privately held, New Jersey-based payroll, HR, and workforce management services provider founded in 1999, serving small businesses (5–500 employees) across the Greater Philadelphia, Southern New Jersey, and broader Mid-Atlantic region via subscription-based processing on the Asure Evolution HCM platform.

Ownership category

akta.pro rank

Product category

Payroll & HR Services for Small Business

NAICS

Payroll Services (541214)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Full-Service Payroll Processing (BPACAIAA)

akta.pro secondary industries

Managed Payroll Services (Full-Service Payroll Outsourcing) (BPAAAHAA), Payroll Systems Administration & Implementation Support (HRIS/Payroll Platforms) (BPAAAHAJ)

Keywords

• Small business payroll
• HR compliance services
• Workforce management solutions
• Tax filing services
• Time and attendance

Headquarters

HQ city

Hammonton

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Base Monthly Payroll Processing: Monthly subscription fee covering core payroll processing, tax filing services, direct deposit, year-end forms (W-2s, W-3, Form 940), quarterly tax filing, standard reporting, and employee self-service access
2. Pay Run Add-On Services: Optional add-ons including local tax filing, check printing, overnight delivery, expedited processing, extra pay runs, 1099 printing, wage garnishments, certified payroll, new hire reporting, custom reporting
3. HR & Workforce Management Add-Ons: Additional HR services including Swipeclock Timekeeping, Asure Time & Attendance, HR Mineral Platform, Essential HR, Advanced HR, PAYG Workers Comp, Background Checks, 401k Plan Integration, ACA Compliance

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Abacus Payroll provides full-service payroll processing for small businesses (5–500 employees), including accurate paycheck calculation, federal/state/local tax filing, direct deposit, year-end W-2s and Form 940, and quarterly filings, all run through the Evolution HCM web-based platform with a dedicated payroll specialist assigned to each client. Core offerings are bundled with optional add-on modules covering HR compliance (Essential HR, Advanced HR, Mineral HR Platform), timekeeping (Swipeclock), workers' comp, 401(k) integration, pay cards, and background checks.

Product overview

Abacus Payroll Inc is a payroll service provider serving small businesses in New Jersey and Pennsylvania since 1999. The company offers a unified payroll processing platform (Evolution HCM) with integrated add-on modules for HR compliance (Essential HR, Advanced HR, Mineral HR Platform), timekeeping (Swipeclock), and workforce management. The core product encompasses payroll processing, tax filing, and direct deposit, supplemented by optional add-ons including workers' comp insurance, retirement plan integration, pay cards, background checks, and employee self-service portals. The product architecture follows a base monthly fee model with additional pay-run add-ons and HR/workforce management enhancements available à la carte.

Differentiator

Problem solved

Functional benefit

Products and services

• Payroll Processing Full-service payroll for small businesses (5–500 employees) including accurate paycheck calculation, tax filing services, direct deposit, year-end W-2s and W-3, federal Form 940, quarterly federal/state tax filings, standard reporting, Evolution HCM software access, employee self-service, and a dedicated payroll expert; designed for owners and office managers who want outsourced payroll and compliance.
• Human Resources Services Outsourced HR compliance offerings for small businesses that lack in-house HR, including employee handbook creation, policy development, and HR support delivered through Essential HR, Advanced HR, and the Mineral HR Platform tiers.
• Timekeeping

Quantifiable outcome

• 99.3% client retention rate
• +2 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Evolution HCM / AsurecoreTechnology or IntegrationPrimary payroll software platform provider. Abacus uses Evolution HCM software for client payroll processing, accessible 24/7 via web-based interface. Asure provides the Employee Self Service portal and additional HR modules including AdvancedHR platform.
• SwipeclockcoreTechnology or IntegrationTimekeeping integration partner providing electronic timekeeping and attendance tracking that integrates with Abacus payroll processing. Offers smartphone clock in/out, geofencing, and overtime alerts.
• Mineral HR PlatformcoreTechnology or IntegrationHR compliance subscription service integrated with Abacus payroll. Provides monthly HR compliance resources, labor law library, policy templates, and HR Help Center for small business clients.
• Alloy Silverstein GroupminorOthersAffiliate accounting firm since 1959 that shares team-based approach with Abacus Payroll. Handles Abacus Payroll careers applications and benefits administration. Both operate under team-based approach for small business clients.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• OnPay: Cloud-based payroll, HR, and benefits service for small businesses, particularly strong in professional services. Direct SMB payroll competitor with a modern SaaS model.
• SurePayroll: Paychex-owned online payroll service focused on small businesses with 1-100 employees. Direct competitor in the lower end of Abacus's SMB target market with a digital-first value proposition.
• Paychex: One of the largest US SMB-focused payroll and HR services providers, serving hundreds of thousands of small businesses with payroll processing, tax filing, retirement, and HR solutions. Closest scaled direct competitor to Abacus in the SMB payroll segment.
• Rippling: Unified workforce management platform combining payroll, HR, IT, and finance for SMB and mid-market. Overlaps directly with Abacus's payroll + HR + workforce management bundle.
• Patriot Software: Affordable online payroll and accounting software for American small businesses. Direct SMB payroll competitor with DIY and full-service tiers that overlap with Abacus's market.
• Paycor: SMB and mid-market focused payroll and HCM platform with comparable feature set to Abacus - payroll processing, tax filing, timekeeping, benefits administration, and HR compliance.
• Insperity: PEO and HR services provider offering full-service payroll, benefits, and HR outsourcing to SMBs and mid-market companies. Comparable full-service bundled offering to Abacus's payroll + HR model.
• Gusto: Modern cloud-native payroll, benefits, and HR platform purpose-built for small businesses. Direct SMB payroll competitor to Abacus with a digital-first, lower-priced approach.

Broad incumbents

• ADP (Automatic Data Processing): Dominant US payroll and HR services incumbent offering solutions from SMB (RUN Powered by ADP) to enterprise (Workforce Now). Competes with Abacus primarily through its SMB products but operates as a much broader, scaled platform.
• QuickBooks Payroll (Intuit): Payroll service bundled with QuickBooks accounting software, serving millions of very small US businesses. Direct competitor in the lower end of Abacus's SMB target market, leveraging Intuit's massive accounting customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/AbacusPay
• Facebookfacebook.com/AbacusPayrollInc
• LinkedInlinkedin.com/company/about
• Instagraminstagram.com/abacuspayroll

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Abacus Payroll Inc