Ben Murray’s Post

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The SaaS CFO | The #1 source for SaaS finance education. Video lessons, content, templates, and communities to accelerate your SaaS and career.

How are we paying our employees in SaaS companies? A lot of solutions in this space but also a bit geographic specific. Here are the results... Survey Highlights: ☑️ 68 solutions named (up 12 YOY) ☑️ Top 5 solutions 50% market share ☑️ Payroll solutions appear to be very country specific Payroll/HRIS Software Results 🔢 This is the third year for this question. There are a ton of software vendors in this space. ADP gained 3 points. Gusto dropped 5 points. Rippling jumped to spot 3 and gained 7 points. Paylocity dropped 3 points. JustWorks gained 1 point. Make sure your employees and contractors are coded correctly in your HRIS! If not, then generally our wages are miscoded on our P&L. Download the full report at the link in the comments. #SaaS

  • payroll sofware
Ben Murray

The SaaS CFO | The #1 source for SaaS finance education. Video lessons, content, templates, and communities to accelerate your SaaS and career.

8mo
Adrian Oligarch

Freelancing on Autopilot | Helping developers and agencies score high paying jobs without lifting a finger.

8mo

do you have any advice for brand new companies. We’re making less than $10,000 per month and we need an engineer and graphic designer

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• Jeff Eversmann

Lean Startup Strategist | Growth Executive

8mo

More fragmented than I would expect.

Cornell Tsiang

Fractional CFO | Driving Sustainable Growth for SaaS Startups and Scaleups Through Expert Financial Leadership | Fueled $450M Growth and 3x Acceleration

8mo

Hey Ben Murray! Was it mainly enterprises that used ADP? Sorry if the answer is in the report!

Josh Turley

I talk a lot about Culture, Fleet, and Leadership | Podcast Host | Fleet Success Champion | CEO @ RTA | Author

8mo

Lots of movement. Adjustment in sample size or anything else describing the movement? Payroll systems are a pain to migrate, so big % shifts make me curious.

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Kara McMaster

I Scale Companies On True Pay-For-Performance. Tired of Relying on Referrals? Time to Build a Predictable Sales Engine. Rev Share Partnerships Available. Let's Talk 💬

8mo

Ensuring accurate coding in HRIS systems is indeed crucial for maintaining financial transparency.

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Dheeraj Khandare

Founder & CEO @ Coderfarm | 🚀 We help agency & startup hiring challenges with on-demand test-driven developers 🌟, ensuring robust software & freeing time for more client acquisition 💸

8mo

The point about correctly coding employees and contractors resonates strongly. Ben Murray I've seen how misclassification can lead to inaccurate financial reporting and potential compliance issues.

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