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Top 42 Payroll Software Companies With $5M–$10M Revenue (August 2026)

As of August 2026, Latka tracks 42 payroll software companies with $5M–$10M in annual revenue. They have combined revenues of $288.1M and employ 2.9K people. They have raised $69.4M and serve 3M customers combined.

Every company below sells payroll software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Payroll Software Companies do

Payroll software refers to digital solutions designed to automate and streamline the processes involved in managing employee compensation. This type of software typically facilitates the calculation of wages, the deduction of taxes and benefits, and the disbursement of payments to employees. Additionally, it often includes features for filing necessary tax documentation and generating payroll reports. The primary users of payroll software are HR professionals and finance departments in businesses of all sizes, who rely on these solutions to ensure compliance with various tax laws and employment regulations. Typical features include automated wage calculations, employee self-service portals, time tracking integration, direct deposit capabilities, and year-end reporting functionalities.

Companies
42
Revenue
$288.1M
Funding
$69.4M
Employees
2.9K

Filters

Sorting: Highest -> Lowest

Filters

Top Payroll Software Companies With $5M–$10M Revenue

Showing 10 of 42 companies ranked by annual revenue.

1Bluegarden Norge logo
Bluegarden Norge

Oslo, Oslo, Norway

Bluegarden effektiviserer bedrifter ved å tilby tjenester og systemløsninger innen lønn og HR. I Bluegarden jobber vi tett sammen med våre kunder for å effektivisere personaladministrative prosesser og for å understøtte arbeidet med medarbeiderutvikling og strategisk styring av HR. Sentralt i dette arbeidet er løsninger som bygger på selvbetjening, integrasjon og gode rapporterings- og analysemuligheter. For å se mer av våre løsninger, besøk www.bluegarden.no

Revenue
$9.8M
Year founded
2000
Team size
89
2Payslip logo
Payslip

Westport, County Mayo, Ireland

Payslip is an AI-powered global payroll control platform and the leading provider of automation and Integration as a Service technology for the delivery and management of global payroll at large multinational companies. Payslip automates the end-to-end payroll process: from pre-payroll data collection and validation through to post-payroll last-mile reporting. Our platform empowers multinationals to fix payroll challenges, digitize multi-country payroll and connect systems & processes for faster and smarter payroll management. A Workday Partner, Payslip standardizes and automates workflows across HR, Finance and Global Payroll, integrating the entire payroll ecosystem. Global organizations choose Payslip to manage their global payroll operations with visibility & control, achieve execution excellence, see a bigger picture and scale at any dimension. With Payslip they are able to harness payroll data for actionable insights and fully informed, real-time decision making. Payslip helps companies move from manual, disjointed legacy payroll to digitized and standardized processes across countries with powerful integrations which remove chokepoints in payroll operations.

Revenue
$9.5M
Year founded
2016
Team size
86
3payboy.sg logo
payboy.sg

Singapore, Singapore, Singapore

Payboy is a cloud-based payroll and HR management software that streamlines and automates essential HR processes through a unified ecosystem. As business owners ourselves, we understand the daily intricacies and problems fellow SMEs face. Therefore, we create a simple, reliable, and effective platform so that businesses can focus on bringing out the best in their people. With Payboy, an IRAS-approved Payroll Software Vendor that supports the Auto-Inclusion Scheme (AIS), you can: ✅ Seamlessly sync employee leaves, shifts scheduling, and payroll. ✅ Submit claims anytime, anywhere with our mobile app. ✅ Customise claim and leave policy that best fits your business needs. ✅ Send MOM data, IRAS data, and generate CPF files in just a few clicks. ✅ Integrate with your preferred platforms like Xero, Financio, and Quickbooks. We also recently launched Payboy Benefits, which offers businesses a wide range of healthcare options with discounted GP offerings to take care of their employees’ well-being.

Revenue
$9.1M
Year founded
2016
Team size
83
4WorkPay logo
WorkPay

Nairobi, Nairobi, Kenya

HR and payroll processing from SMBs in Africa-Gusto for Africa.

Revenue
$8.9M
Customers
300
Year founded
2020
Team size
126
5PeopleWorks logo
PeopleWorks

Bangalore, Karnataka, India

PeopleWorks HRMS is a cloud-based Human Resource Management Solution that streamlines HR processes through effective automation. We are a technology company offering its immensely successful flagship product PeopleWorks HRMS being a trendsetter in the HRM Automation segment. Headquartered in Bengaluru, PeopleWorks HRMS is the coming together of Excellence in HR management, Technology and Business growth. Armed with an in-depth experience in HR Management and market leadership in payroll solutions for over a decade, our large customer base is testimony to the benchmark we have set in the industry. It is designed to elevate the organizations to adopt the best HR practises and make them on par with top notch businesses globally when it comes to employee management. At PeopleWorks, we understand that when it comes to a HR solution, there is no one-size-fits-all concept. Every business has its specific requirement, growth path and vision. PeopleWorks HRMS caters to this varying needs of businesses. We offer a highly secure cloud-based solution that integrates HR functions with business and talent needs. PeopleWorks HRMS ensures glitch-free and independent employee data management in compliance with the highest norms in the industry. We believe in continual innovation and supports clients with novel solutions for People-Management-HR collaboration so that companies’ growth remains uninterrupted. PeopleWorks connects business performance to people performance. Towards the end, we help you build an inspired workforce for collaborative business success. We have all the answers to help you manage all HR-related employee concerns—from hire to retire. Visit our website https://www.peopleworks.in for more information.

Revenue
$8.9M
Year founded
2013
Team size
81
6Nubox logo
Nubox

Región Metropolitana, Las Condes, Chile

Developer of SaaS-based software services designed to digitize the accounting information of companies. The company's software simplifies and automates key business tasks such as accounting, payroll, and e-Invoicing services both to accountants and companies seeking automation capabilities for their administrative functions.

Revenue
$8.7M
Customers
15K
Year founded
2001
Team size
247
7Criterion HCM logo
Criterion HCM

Norwalk, Connecticut, United States

Criterion provides human capital management (HCM) software for midmarket organizations in construction, financial services, nonprofits and higher education, empowering them to streamline their critical HR, payroll, talent engagement, and workforce management processes.

Revenue
$8.6M
Year founded
1984
Team size
78
8Emcentrix logo
Emcentrix

Woodland Hills, California, United States

technology solutions provider

Revenue
$8.5M
Customers
300
Year founded
2001
Team size
83
9Points North logo
Points North

Duluth, Minnesota, United States

Points North is a cloud-based software company offering solutions that automate and streamline HR compliance for Certified Payroll Reporting, ACA Reporting & Tracking, Attendance Compliance, and Benefits Data Aggregation. We integrate with many big payroll and timekeeping providers such as ADP, Paycor, QuickBooks, UKG, Paychex, ClockShark ,and Raken to consolidate your data, automate your processes, and mitigate risk. Whether you want to use us as a compliance solution or want to partner with us, we would love to hear from you! Certified Payroll Reporting by Points North is a cloud-based software solution that makes it simple to send reports to government agencies through whichever electronic portal they choose to use. It allows you to generate reports in minutes and file them without as much manual labor, meaning less time spent and less compliance risk. We also retain your reports indefinitely, making it fast to pull and generate certified reports in the current format. ACA Reporter by Points North helps simplify your ACA Compliance by providing data management and streamlined, cloud-based reporting solutions for your company. We will help you stay in full compliance through analysis, tracking, and focused reporting. We help take the complexity out of calculating, monitoring, reporting, and documenting ACA compliance data, and use an actionable dashboard that flags potential compliance issues during pre-filing so that you can proactively act and greatly reduce your risk of ACA penalties. Points North has been providing comprehensive software, consulting, and competitive pricing options since 1994. For over 27 years, Points North has worked with thousands of clients across all 50 states, in both the private and non-profit segments. We pride ourselves on offering the highest level of communication with our clients. Our team is committed to helping businesses and organizations with our secure and trusted solutions.

Revenue
$8.1M
Year founded
1994
Team size
74
10Greenlink Payroll logo
Greenlink Payroll

Gilbert, Arizona, United States

Provider of enterprise-level technology delivered through concierge-level service, integrating payroll and HR, benefits, time tracking, talent acquisition and culture development

Revenue
$8M
Year founded
2011
Team size
24

Frequently asked questions about Payroll Software Companies With $5M–$10M Revenue

How many payroll software companies with $5M–$10M in annual revenue are there?

Latka tracks 42 payroll software companies with $5M–$10M in annual revenue. Together they generate $288.1M in annual revenue and employ 2.9K people.

Which payroll software company with $5M–$10M in annual revenue is the largest?

Bluegarden Norge is the largest, with $9.8M in annual revenue, founded in 2000.

How much revenue does a typical payroll software company with $5M–$10M in annual revenue make?

The average payroll software company in this list makes $6.9M a year, across 42 companies with reported revenue. They serve 3M customers combined.

Who are the leading Payroll software vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are Bluegarden Norge, Payslip, payboy.sg, WorkPay and PeopleWorks.

How much funding have payroll software companies with $5M–$10M in annual revenue raised?

The 42 payroll software companies with $5M–$10M in annual revenue tracked here have raised $69.4M in disclosed funding between them.

Related HR Software categories

Inclusion Criteria

- Must offer automated payroll calculation and processing features - Should facilitate compliance with tax regulations and labor laws - Must provide capabilities for generating payroll reports and tax documents - Should include employee self-service functionalities - Needs to integrate with other HR-related systems, such as time and attendance tracking - Not just limited to payroll processing; must also handle tax management and reporting