Payfit, SaaS for small and middle companies
- Launched in 2016 in France, Payfit provides a software as a service for small and medium companies to manage the payroll and Human Ressources information from a web browser.
- The idea is based on the fact that these administrative tasks could be time consuming or expensive when taken in charge by a third party.
- Last but not least, the changes in the labor legislation can be difficult to monitor and enforce.
Payfit in 2020:
- 300 employees
- Offices in Paris, Barcelona, Berlin, London
- 3 000 clients
Managing payroll can be difficult for big companies and very challenging for the small ones. Payfit success relies on the simplification of the customer experience by offering a service:
- To digitalize the administrative and time consuming tasks
- Cheaper than a third-party firm or a full Human Ressources department
- Including expenses, vacation management tools