About Payroll Processors
Payroll Processors is a company based in Illinois City (United States) founded in 1988. It operates as a B2B, and SaaS. Payroll Processors offers products and services including Full Service Payroll, Recruiting and Onboarding, Time and Attendance Solutions, Benefit Plan Maintenance, and Employee Self Service. Payroll Processors operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
- Headquarter Illinois City, United States
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TechnologyBusiness Services
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Products & Services of Payroll Processors
Payroll Processors offers a comprehensive portfolio of products and services, including Full Service Payroll, Recruiting and Onboarding, Time and Attendance Solutions, Benefit Plan Maintenance, and Employee Self Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Processes payroll and handles tax filings for businesses efficiently.
Manages hiring and new employee integration processes seamlessly.
Tracks work hours and attendance to ensure accurate payroll.
Administers employee benefits and plan updates for compliance.
Allows employees to access and manage their own HR information online.
Funding Insights of Payroll Processors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Payroll Processors
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Payroll Processors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Payroll Processors Comparisons
Competitors of Payroll Processors
Payroll Processors operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gusto, Justworks, Earnin, Paylocity and Payflow, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payflow is recognized as a financial wellness application for employees.
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| domain | founded_year | HQ Location |
Cloud-based HR and payroll management solutions are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Payroll Processors
When was Payroll Processors founded?
Payroll Processors was founded in 1988.
Where is Payroll Processors located?
Payroll Processors is headquartered in Illinois City, United States. It is registered at Illinois City, Illinois, United States.
What does Payroll Processors do?
Payroll Processors delivers comprehensive HR and payroll solutions through an online platform, handling tasks like payroll processing, employee onboarding, and time attendance. Based in Downers Grove, Illinois, USA, it supports businesses by streamlining administrative duties and providing personalized customer service. The company serves various clients, including hospitality and manufacturing firms, with tools for efficient team management and compliance.
Who are the top competitors of Payroll Processors?
What products or services does Payroll Processors offer?
Payroll Processors offers Full Service Payroll, Recruiting and Onboarding, Time and Attendance Solutions, Benefit Plan Maintenance, and Employee Self Service.