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Top 50 Payroll Software Companies Under $1M Revenue (August 2026)

As of August 2026, Latka tracks 67 payroll software companies under $1M in annual revenue. They have combined revenues of $36.6M and employ 2.1K people. They have raised $12.1M and serve 1M 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
67
Revenue
$36.6M
Funding
$12.1M
Employees
2.1K

Filters

Sorting: Highest -> Lowest

Filters

Top Payroll Software Companies Under $1M Revenue

Showing 10 of 67 companies ranked by annual revenue.

1Digital Horizons logo
Digital Horizons

Nairobi, Kenya

Digital Horizons offers cloud-based applications for SMEsThese include online accounting, online payroll and a website builder with pre-installed e-commerce features.The applications can be installed and used on a central control panel with easy flipping from one app to the next.

Revenue
$991.3K
Year founded
2007
Team size
8
2AbstractOps logo
AbstractOps

United States

Leaders growing remote companies use AbstractOps to eliminate the stress, uncertainty, and financial risk of state compliance. *Automate Registrations* Payroll and entity registrations, secretary of state filings, and registered agent requirements all in one. No more sitting on hold or filling out web pages from 1998. *Centralize State Mail* Forget sifting through piles of paper to find that urgent notice. Get actionable tasks from email and digitized snail mail delivered right into your AbstractOps virtual mailbox. *Take Control* "Wait for the penalty, then deal with it" feels like a terrifying approach to growing a company. AbstractOps alerts you BEFORE there's an issue, so you can avoid surprises.

Revenue
$990K
Year founded
2019
Team size
9
3Canopy Workforce Solutions logo
Canopy Workforce Solutions

Atlanta, Georgia, United States

Whether you're re-keying employee data across spreadsheets or trying to sync several HR systems, Canopy allows you to manage all your HR software and employee data using ONE platform. Unlike with other HCM/HRM systems, Canopy users can both view AND MODIFY their HR data in just one location. When modifying your benefits, payroll, recruiting, time, and other HR data in Canopy, changes are automatically routed back and reflected within your originating application, software, or system of record! Our solution begins with a Core package that goes beyond just addressing basic needs. When we say Core – we mean it. Our basic package provides features that can manage all of the critical areas of HR, such as Employee Tracking, Time & Attendance, PTO, Documents, Benefits, Performance, Recruiting and Payroll. As needed, you have the flexibility to add additional module or services to provide deeper functionality in any core area. HR departments have a big job, but not necessarily a big budget. There is no need to undergo expensive implementations, because the Canopy technology enables these additions seamlessly. All of our modules are priced with the HR department in mind, we have been there and understand the business. The foundation of our business is technology, but our strength lies within our people. All of our customers have a dedicated customer support person who is knowledgeable of the products, how our clients use them, and what needs to be done to make Canopy work for your business. You can contact them for help, or suggestions because they are there for you. When you become a Canopy customer, we look forward to a long relationship where our success is measured by your satisfaction in the products and services we provide.

Revenue
$990K
Year founded
2015
Team size
9
4Jebra logo
Jebra

United States

Jebra enables businesses to pay workers automatically at any frequency - even daily - and workers can access their earned wages on-demand. Here's how it works: (1) Payout data is entered manually or retrieved automatically via native integrations (2) AI-driven calculators compute pay outs (including bonus and tips) automatically (3) Payouts are reviewed and edited on a unified interface. Or placed on auto-pilot. (4) Payees choose how and when to withdraw funds

Revenue
$990K
Year founded
2020
Team size
9
5MobiClocks logo
MobiClocks

Fort Lauderdale, Florida, United States

If you're looking for a way to improve your business & reduce labor costs, look no further than MobiClocks. Our solution is designed to simplify the tasks of time and attendance management, cost code allocation, and payroll processing. MobiClocks delivers superior value through: - Face Recognition technology which virtually eliminates ghost employees and buddy punchers; - Geofencing and GPS integration that helps identify 15 minute scalpers; - Integration with world-leading accounting systems simplifies and expedites payroll and HR processing; - Accurate and intuitive crew-based cost coding keeps labor costs within budget; - Our robust dashboard and flag alert system makes it easy to identify attendance management challenges. Contact us today, sign up for a free trial, and see how MobiClocks saves you time and money! https://calendly.com/mobiclocks

Revenue
$990K
Team size
9
6COEXSYS logo
COEXSYS

San Diego, California, United States

Enterprise Software SaaS. HR.Projects.Payroll. Timekeeping

Revenue
$911.5K
Customers
500
Year founded
2016
Team size
9
7collarwork.io (formerly HAUZ) logo
collarwork.io (formerly HAUZ)

Kuala Lumpur, Wilayah Persekutuan, Malaysia

Collarwork.io (Formerly HAUZ) is a software technology company that specialises in HRMS, Payroll, Operation and Workforce Management

Revenue
$880K
Year founded
2019
Team size
8
8PayTickr logo
PayTickr

Calgary, Alberta, Canada

PayTickr is the simple time tracking and payroll solution for business with mobile workforces. The PayTickr Time Tracking mobile app is a “digital punch card” that allows employees to punch in and out anywhere from their phone and includes GPS. PayTickr Payroll Software uses the employee digital punch cards to process payroll according to a schedule or by the click of a button. All overtime and vacation calculations are handled, and all remittances and government taxes are calculated. The software handles paystubs, T4’s, ROE’s, extensive reporting, and employee work and location logs. PayTickr is developed by EmployeeAssist Inc., a software development company located in Calgary, Alberta founded in 2015. EmployeeAssist Inc., was founded by CEO Kreg MacPhee and CTO Bradley Rougeau.

Revenue
$880K
Year founded
2015
Team size
8
9Paytools logo
Paytools

Melbourne, VIC, Australia

Paytools is the leading payroll management platform for de-risking operations & elevating governance for the payroll function. Reduce payroll risk by centralising operations into a secure, auditable and reportable platform that manages all activities that sit outside the payroll system.

Revenue
$880K
Year founded
2019
Team size
8
10uTRAC logo
uTRAC

Dublin, County Dublin, Ireland

uTRAC provides streamlined and simplified workforce management solutions for temp agencies and event services companies to coordinate, validate, and track any volume of workers quickly and easily. Schedule Shifts -> Book Staff -> Track Attendance -> Billing & Payroll Managing high volumes of staff for multiple jobs can be extremely complex and our aim is to bring improved efficiency and improved co-ordination to the process without the need to increase overhead. Because it is securely hosted in the cloud, uTRAC can be accessed anywhere on any device and offers enterprise level workforce management without the need for heavy investment in IT infrastructure or support. Labour providers, equipment vendors and venues that have used uTRAC have been able to automate the booking of of their teams while increasing their admin efficiency due to the more streamlined processing of timesheets for billing & payroll. We offer flexible payment plans to service the needs of any sized business. Contact [email protected] to request more information.

Revenue
$880K
Year founded
2012
Team size
8

Frequently asked questions about Payroll Software Companies Under $1M Revenue

How many payroll software companies under $1M in annual revenue are there?

Latka tracks 67 payroll software companies under $1M in annual revenue. Together they generate $36.6M in annual revenue and employ 2.1K people.

Which payroll software company under $1M in annual revenue is the largest?

Digital Horizons is the largest, with $991.3K in annual revenue, founded in 2007.

How much revenue does a typical payroll software company under $1M in annual revenue make?

The average payroll software company in this list makes $545.9K a year, across 67 companies with reported revenue. They serve 1M customers combined.

Who are the leading Payroll software vendors under $1M in annual revenue?

Ranked by annual revenue, the leaders are Digital Horizons, AbstractOps, Canopy Workforce Solutions, Jebra and MobiClocks.

How much funding have payroll software companies under $1M in annual revenue raised?

The 67 payroll software companies under $1M in annual revenue tracked here have raised $12.1M 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