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Top 307 Payroll Software SaaS Companies in May 2026

As of May 2026, there are 307 SaaS companies in Payroll Software. They have combined revenues of $8.7B and employ 70.9K people. They have raised $7.7B and serve 305.8M customers combined.

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
307
Revenue
$8.7B
Funding
$7.7B
Employees
70.9K

Filters

Sorting: Highest -> Lowest

Filters

Top Payroll Software Companies

Showing 10 of 70 companies ranked by annual revenue.

1
HfactoR

Chennai, Tamil Nadu, India

Our platform, HfactoR, assists organizations of various scales in streamlining and automating their human resources operations. From facilitating seamless recruitment processes to automating payroll management and enabling direct salary disbursements, HfactoR is the ideal choice for future-proofing your organization.

Revenue
$1M
Customers
-
Year founded
-
Funding
-
Team size
-
Growth
-
2
Nano Technologies

Hanoi, Vietnam

Payroll app to pay workers daily for retailers & manufacturers in SEA

Revenue
$1M
Customers
-
Year founded
2020
Funding
-
Team size
17
Growth
-
3
Premier Payroll Solutions

North Massapequa, New York, United States

Financial company providing payroll processing and management services such as calculating and distributing paychecks, managing tax filings and maintaining compliance

Revenue
$1M
Customers
-
Year founded
2015
Funding
-
Team size
14
Growth
-
4
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
Customers
-
Year founded
2007
Funding
-
Team size
8
Growth
111.26%
5
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
Customers
-
Year founded
2015
Funding
-
Team size
9
Growth
-
6
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
Customers
-
Year founded
2019
Funding
-
Team size
9
Growth
-
7
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
Customers
-
Year founded
2020
Funding
-
Team size
9
Growth
-
8
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
Customers
-
Year founded
-
Funding
-
Team size
9
Growth
-
9
COEXSYS

San Diego, California, United States

Enterprise Software SaaS. HR.Projects.Payroll. Timekeeping

Revenue
$911.5K
Customers
500
Year founded
2016
Funding
-
Team size
9
Growth
172.25%
10
roPay

Yaba, Lagos, Nigeria

roPay is an HR/Payroll and Spend management software for African businesses of all sizes and stages roPay eliminates the tedious, time-consuming process of running payroll, letting you pay your staff all at once in less than 5 minutes, so you have your hours back to do more important stuff.

Revenue
$880K
Customers
-
Year founded
2021
Funding
-
Team size
8
Growth
-

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