Published 2022-11-01
Enterprise payroll software platform Shape Payroll has launched ‘Shape Embedded’ to help tech companies embed payroll into their products.
The leading UK SaaS payroll platform hopes to increase the capability for other technology businesses to offer more to their customers by embedding payroll into their platforms for HR, time & attendance and staffing/recruitment.
The move comes after increasing demand from enterprise businesses and other technology providers for a reliable, fast cloud based solution that can enhance their product. The UK Payroll sector has historically seen a lot of M&A activity, which has reduced the flexibility and increased the cost of products offered by existing marketplace providers.
Shape Embedded hopes to bring the flexibility back by providing ‘Shape Elements’ (a series of pre-built UI components) and a world-class API so that SaaS businesses can integrate payroll technology into their product. This will offer their customers an integrated payroll solution that is faster and cheaper than existing marketplace providers.
Shape Payroll Founder and CTO Alex Bartlett commented;
“Building a payroll platform from scratch takes years. It requires a deep understanding of UK payroll legislation, as well as the engineering ability to build a complex piece of technology.
For the past 5 years, Shape Payroll has been building a fast, accurate payroll platform for UK businesses. ‘Shape Embedded’ gives SaaS companies the ability to embed our platform into their product within days. We provide a world-class developer experience with the support you’d expect from an enterprise grade platform.
We’re already working with some of the UK’s leading HR technology companies to embed our product with them so we know the demand is there for this product - I can’t wait to see this part of Shape grow!”
If you’re looking to embed payroll into your platform, visit https://embedded.shapepayroll.com/ to find out more. For more information about Shape Payroll and how it supports Enterprise companies throughout the UK, visit https://www.shapepayroll.com/