Top Payroll Services Companies in Australia

The payroll services industry is a crucial sector of the Australian economy, providing essential services to businesses of all sizes. In 2022, the payroll services industry in Australia exhibited solid growth, contributing $3.5 billion to the nation's GDP and employing over 25,000 professionals. The payroll services industry has been experiencing significant growth, and this can be attributed to several factors, including government initiatives, technological advancements, and changes in consumer behavior. In this article, we will examine the factors contributing to the growth and success of the payroll services industry in Australia, key trends, challenges, and the future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
PINPOINT HRM59 +61 1300 865 765
info@pinpointhrm.com.au

In an industry dominated by ambling giants, were a niche, nimble, evolving HR Technology consultancy. Partnering for the long game, we work closely with like-minded clients to achieve higher levels of HR maturity and agility through technology. We assist clients to evaluate, prepare for, implement and optimise people-related technology solutions. With over 500 projects under our belt since 2003, we know theres more to success than selecting the tech!! Today we are a passionate team of over 75 subject matter experts and thought leaders with expertise across the full life cycle. Our Mission? Designing and delivering HR Technology Projects that make a lasting impact on your business, and your people. With both deep and broad domain and technical knowledge and project experience across a range of HR software solutions we cover all aspects of the employee lifecycle – Core HR, Talent Acquisition and Recruitment, On-boarding and Off-boarding, Performance Management, Learning Management,…

PHOENIX SOURCE & SELECT PTY LTD21 +61 1300 268 892
enquiries@phoenixss.co

At Phoenix Source & Select, were dedicated to providing your business with highly skilled and unskilled professionals who meet your unique needs, for both on-site or remote work. Whether youre looking to hire permanent, temporary, interim or contract staff, we have you covered across the blue and white collar space. Weve partnered with C-level executives, directors and boards in many industries including IT, Aged Care, Industrial, Offshoring, E-commerce, Warehousing, Food Manufacturing, Logistics, Media & Advertising, Real Estate, Events, HR & Recruitment, Credit, Telecommunications and more. Our experience spans across APAC, Japan, US, Canada, UK, and Middle East & Africa. At Phoenix Source & Select, we do not offer an off-the-shelf solution for our clients needs. By offering three entirely different approaches to solving your problem, we can help you find the best solution to fit your company. Whether that means teaming you up with the best, dedicated offshore agents, building…

MEGT (AUSTRALIA) LTD761 +61 136963
rmssupport@megt.com.au

Established in 1982, MEGT is an Australian not-for-profit organisation that has been supporting local employers, apprentices, trainees, and jobseekers for 40 years years. Our experienced consultants work across every state in Australia, and in the ACT. MEGT is committed to providing quality employment, training and education solutions. Recruit From free job listings to full-service recruitment, we work closely with employers and job seekers to find the right person for the right job. Our Indigenous Apprenticeship and Traineeship Network (IATN) and our Vocational Training and Employment Centre (VTEC), provide dedicated employment, training and mentoring service to Indigenous employees and their employers. Managing your own recruitment is easy with Career Hub, our free online job board - bringing the right employers and apprentices/trainees together. Manage From workforce planning and onboarding to managing staff payroll, workplace health and safety, performance management and re…

OZSTAFF72 +61 1800 020 080
info@ozstaff.com

OzStaff is the 1st choice career services provider for hundreds of organizations and thousands of job seekers across Australia. Ranging from corporate to local government, medium and small enterprises and across varying industries, we have the expertise, resources and presence to bring together employers and job seekers in a way that inspires success. Located across Australia and Asia, our recognized local leadership and global capability backed by a skilled, experienced team and world-class capability and systems throughout the entire employment life-cycle means using OzStaff to attract and employ talent for your business, enhances your organizations profile and visibility to the very best talent. Incorporating a full range of career solutions, Permanent and contract placements, Temp and Labour/Casual Hire, Workplace Training, Payroll Services, OH&S Compliance, Global Talent Recruitment, Business Process Outsourcing, Pre-Employment Checks, OzStaff Lite and our new www.ozstaff.com jo…

SPINIFEXIT154 +61 3 8677 9630
info@spinifexit.com

With over 20 years of solution expertise and thousands of implementation projects across 40 countries, SpinifexIT continues to be the partner of choice for many SAP customers to streamline their HXM and payroll activities. Find out more about our solutions across, Employee Document Delivery Platform, Payroll Productivity and compliance, and Cloud Migration. Request a discovery call to learn more about Strato and the rest of the SpinifexIT solution suite, or email us at info@spinifexIT.com. SpinifexIT is a certified SAP Partner and its solutions are available at the SAP Store. General inquiries: info@SpinifexIT.com Job Applications: recruitment@SpinifexIT.com

PROGRAMMED MARINE258 +61 8 6310 5600
info@atlasprofessionals.com

Atlas Professionals and Programmed Marine have decided to form a 50/50 joint venture (JV) for the Australian & New Zealand marine manning services markets. The JV will benefit from the opportunities that Atlas, with 23 offices in 16 countries, brings to ANZ and operates under the name Atlas Professionals. Atlas Professionals provide borderless personnel and logistics solutions to the global marine, energy and resources sectors. Formed following the acquisition of the SKILLED Group by Programmed, in October 2015, the new Atlas Programmed Marine JV brings together over 100 years of experience from Programmed Marine (previously Total Marine Services) and SKILLED Offshore (previously Offshore Marine Services) into a stronger, better business, that is able to leverage off our Australian Securities Exchange (ASX) listed parent company, Programmed. We set ourselves high performance targets at Atlas, in particular when it comes to the safety and the well-being of our people, our goal is t…

ROUBLER51 +65 3163 6786
info@roubler.com

Roublers cloud-based software provides you with the power of one seamless system for all your workforce management needs. Our unique all-in-one solution simplifies your day-to-day, increasing efficiency and driving employee productivity. By incorporating everything you need to recruit, onboard, roster/schedule, manage and pay your team, Roubler provides data clarity and real-time analytics across every aspect of your workforce. This provides you with true peace of mind, knowing that Roublers always-on compliance and risk management tools are with you every step of the way. By harnessing the latest AI, machine learning and automation we are providing a new depth of insight and intelligence, and shaping the workforces of tomorrow.

EMPLOYMENT INNOVATIONS (EI)134 +61 2 9929 4695
info@employmentinnovations.com

Life at EI is something were proud of - we back ourselves on being a great place to work. Weve received awards such as Employer of Choice and offer genuine flexibility by giving everyone the full flexibility to work how and where they want - its policy! We have a genuine commitment for providing an incredible employee experience for all employees. Here is a snapshot into some of our perks we offer: additional paid time off for you to Thrive, floating public holiday leave, company paid parental leave, annual company retreats for all employees - in 2022 we went to the Blue Mountains! Dont just take our word for it, in 2021, 2022 and so far in 2023 weve been able to maintain an employee happiness score of 8.3 out of 10, come see why!

FOUNDU76 +61 7 3876 3783
privacy@foundu.com.au

foundU is an all-in-one, cloud-based workforce management platform. Built and supported in Australia, it gives managers of complex workforces a single system to onboard, schedule and pay with accuracy, efficiency, and confidence.

SPOTLIGHT RETAIL GROUP (SRG)2,296 +61 3 9675 4000
info@spotlightgroup.com

Encompassing iconic Australian retailers Spotlight, Anaconda, Harris Scarfe, and Mountain Designs, Spotlight Retail Group (SRG) is one of A/NZs largest and fastest-growing retail operations. Founded in 1973, brothers Morry Fraid and Ruben Fried bought with them a business philosophy formed from years of supporting their parents business at the Queen Victoria Market, an approach which has been incorporated into every aspect of the business. From humble beginnings the group has bought a market-challenging owners mindset to the retail scene, becoming a major player in the Australasian marketplace. About SRGs Brands Spotlight is Australasias largest craft, fabric and home interiors superstore inspiring customers to create, decorate and celebrate in their homes. Anaconda is Australias fastest-growing outdoor adventure superstore with a mission to equip, inspire and enable Aussies to make memories outdoors every day. Harris Scarfe is Australias oldest department store chain, bringing…

SBB PARTNERS: MACKAY32 +61 7 5597 7228
connect@sbbpartners.com.au

Our firm is one of the largest and longstanding accounting firms in the Mackay and Whitsunday region.

PEOPLE2PEOPLE168 +61 1300 121 727
insights@people2people.com.au

Operating for over 15 years in Australia, New Zealand and the United Kingdom, people2people is your local award-winning recruitment agency and HR solutions provider. We base our relationships on longevity and long-term goals: 40% of our staff has been working with us for more than five years, and our Net Promoter Scores for candidates and clients are over 80%. We understand even global businesses need to operate at a local level. Our specialised teams achieve exceptional results through tailored services to meet your unique market conditions, and invest time in getting to know our clients business and goals. We hire quality talent, fast! We offer temporary, contract and permanent recruitment services in the following specialisations: • Accounting & Finance • Business Support & Customer Service • Executive • Government • Human resources • Legal • Marketing & Digital • Property • Sales • Supply Chain Management • Technology people2people acknowledges the Traditional Custodians of c…

ALTITUDE - RECRUITMENT & CONSULTING10 +61 1300 951 659
info@altituderecruitment.com

Altitude delivers functional and technical ICT professionals ranging from graduates through to managerial positions in the sector across all industries throughout Australia. Our success is built on a wealth of experience and innovative technology, that means we can always find the most qualified candidate who will strengthen the cultural identity of your organisation as well as bring in the technical capability you require. Altitude is driven by the central focus of giving back to our community and promoting your success, as both a client and candidate. We take pride in Our Values to working with Integrity, being Authentic, Honest and treating our audience with Respect. www.altituderecruitment.com 1300 95 16 59

HUMANFORCE258 +61 1300 886 698
sales@humanforce.com

Humanforce is a leading provider of shift-based workforce management and payroll solutions that simplify onboarding, scheduling, time & attendance, pay, employee engagement, and communication. Humanforce was founded in 2002 and has built strong foundations with our 1700-strong customer base and over half a million users across a wide range of industries, including aged care, child care, hospitality, retail, local government and more. Today, we have offices across Australia, New Zealand, Singapore, and the UK. Our vision is to make work easier and life better by focusing on the needs and fulfilment of deskless workers and the efficiency and optimisation of businesses. Humanforce solutions are designed to help clients drive engagement and productivity for their shift-based, roster-driven (‘deskless) workforce, with an intelligent, cloud-based workforce management platform. We are on a mission to deliver an exceptional employee experience for your workforce by offering a compelling em…

TAMBLA106 +61 1800 848 908
sales@tambla.com.au

Tambla are an innovative enterprise HR software and services company - delivering intelligent workforce and compliant payroll solutions to large enterprise and government organisations. We provide these companies with the tools to ensure visibility, optimisation and compliance of their workforce globally. We have been at the forefront of HR Technology solutions for many years and the leading edge of workforce management innovation with our SaaS WFM capabilities used to provide Scheduling, Rostering, Time & Attendance and Payroll calculation for some of Australias largest companies. Our in-house SAP practice has decades of experience in planning, implementing, supporting, managing and hosting SAP and SuccessFactors HCM, HXM and Payroll platforms and our industry recognised experts provide consulting services across a wide range of government agencies and departments and private business. Tambla is uniquely positioned to assist companies with both PY-AU and in preparing for and imp…

EPI-USE APJ139 +60 3-2287 2900
info-aws@epiuse.com

EPI-USE is a member of groupelephant.com, a largely employee-owned group of boutique services firms and software companies, nonprofits and impact investment organizations, with a strong global presence. Employing 3,000 people across 34 countries, the Group is characterized by a primary strategic imperative in terms of which it goes ‘Beyond Corporate Purpose in its day-to-day activities. Best known as the worlds largest and most experienced independent SAP HR/Payroll specialist, designing, building and implementing cloud-based, hybrid and on-premise HR, Payroll and Workforce Management systems across all industries, market segments and geographies. EPI-USE APJ was founded in 2007, with offices across Australia, New Zealand, Singapore, Malaysia, Japan, China, Philippines and India, with our head office in Sydney. The EPI-USE APJ customer base includes many of the top listed Australian and international companies, private entities and government agencies. groupelephant.com has an un…

FIRST CLASS ACCOUNTS262 +61 7 5578 9028
info@firstclassaccounts.com

First Class Accounts is proudly Australias largest bookkeeping franchise with an extensive national network of professional bookkeepers who operate their own businesses. First Class Accounts operators take pride in delivering a range of services to help small and medium-sized businesses work smarter. What makes us first class? The First Class Accounts training program ensures a network of highly skilled and compliant bookkeepers that are up to date, knowledgeable and accurate in their management of business accounts and systems. First Class Accounts bookkeepers are: Fully compliant with the requisite training required by the Australian Taxation Office for the preparation and submission of BAS and PAYG returns. Conversant with the latest accounting software as professional partners with MYOB, QuickBooks and Xero. Able to access the full suite of First Class Accounts technical and other support resources. Our clients are our priority - they appreciate the reliable, flexible and r…

VISORY69 +61 1800 847 679
hello@visory.com.au

Delivering a suite of internal finance solutions through our online platform, Visory lets you build a team of experts who can streamline your processes and transform your business data into powerful insights. Solutions currently available through our platform include: Management Reporting, Bookkeeping, Payroll, Accounts Payable & Accounts Receivable.

SVEN11 +61 1300 363 992
hello@sven.global

Empowering a new way to work, travel and live on the go through our innovative technology. Sven Jobs – Available Now! One complete digital solution to solve casual staffing challenges. We have digitised the end-to-end flow, and handle everything from finding, vetting and onboarding workers to shift management, statutory compliance and payroll. Post a shift in minutes and be automatically matched with workers that fit your job requirements. Sven is the employer, so we look after everything from calculating applicable breaks, minimum wage requirements, entitlements and allowances for workers. Solve your casual hiring, HR & payroll headaches with Sven Jobs. Sven Travel – Coming soon. With on-demand flights and accommodation bookings, travellers can explore the world on their terms. We make it easy to find the best deals on travel and accommodation, so travellers can focus on having the time of their lives. Sven Money – Coming soon. A dedicated wallet, including a virtual card. At home …

ELMO SOFTWARE514 +61 1300 884 510
contactus@elmosoftware.co.nz

Founded in 2002, ELMO Software is a leading provider of cloud, HR, payroll and expense management solutions across Australia, New Zealand and the United Kingdom. ELMO offers a convergent solution, providing medium and small business an all-in-one platform to manage people, process and pay. ELMO provides innovative technology to help organisations manage, engage, and inspire their employees in real-time and from any device. Born in the cloud, the business operates on a robust SaaS cloud solution. ELMOs leading cloud solution is fit for purpose for each market segment to reduce administrative burden and enhance the employee experience across the following key HR functions: - Payroll (Expenses, Rostering / Time & Attendance) - HR Core (Survey, Wellbeing, Analytics) - Recruitment - Onboarding - Performance Management (Rewards and Recognition, Succession, Remuneration) - Learning Management (Course Builder, Course Library, Video Library) Spanning the entire employee lifecycle from ‘hir…

Top Payroll Services Companies in Australia

Factors contributing to growth and success:

The growth and success of the payroll services industry in Australia can be attributed to several factors, including government initiatives, technological advancements, and changes in consumer behavior. The Australian government has implemented several initiatives aimed at promoting the growth of small businesses, which has created a demand for payroll services. Additionally, the government has implemented several measures to simplify payroll processes and reduce compliance costs for businesses.

Technological advancements have also contributed to the growth of the industry. The development of cloud-based payroll software has made it easier and more efficient for businesses to manage their payroll processes. This technology has enabled payroll service providers to offer more flexible and customizable solutions to their clients.

Changes in consumer behavior have also played a role in the growth of the industry. Businesses are increasingly outsourcing their payroll processes to focus on core activities, and this trend is expected to continue in the future.

Industry growth and comparison to previous years:

The payroll services industry in Australia has been experiencing significant growth in recent years. In 2021, the industry's market size was estimated to be $4.6 billion, and it is expected to reach $7.8 billion by 2026. The growth can be attributed to government initiatives, technological advancements, and changes in consumer behavior.

The industry has also seen a significant increase in the number of service providers. In 2021, there were over 200 payroll service providers in Australia, up from 150 in 2017. Additionally, the industry has become more competitive, with providers offering a range of customized and affordable solutions to meet the needs of businesses of all sizes.

Key trends:

The payroll services industry is characterized by rapid technological disruptions, and this trend is expected to continue. The development of new technologies, such as artificial intelligence and automation, is expected to drive innovation and enable companies to create more advanced payroll solutions.

Another trend in the industry is the rise of data analytics. Companies are using data analytics to gain insights into their payroll processes and make better business decisions. This technology is also enabling payroll service providers to offer more personalized solutions to their clients.

Challenges:

Despite the growth of the payroll services industry in Australia, it still faces several challenges. One of the main challenges is the issue of security. Payroll data contains sensitive information, and there is a need for greater security measures to ensure that this data is protected from cyber threats.

Another challenge is the issue of compliance. The industry is heavily regulated, and there is a need for greater oversight to ensure that businesses are adhering to ethical and sustainable practices.

Future outlook:

The future outlook for the payroll services industry in Australia is positive. The industry is expected to continue growing, driven by government initiatives and technological advancements. The development of new technologies, such as artificial intelligence and automation, is expected to drive innovation and enable companies to create more advanced payroll solutions.

In addition, the industry is expected to become more customizable, with a focus on offering more personalized solutions to meet the specific needs of businesses. The adoption of new business models, such as software-as-a-service and platform-as-a-service, is also expected to become more common.

Conclusion:

In conclusion, the payroll services industry is a vital sector of the Australian economy, and it is expected to continue growing in the future. The growth can be attributed to government initiatives, technological advancements, and changes in consumer behavior. However, the industry also faces several challenges, such as security and compliance issues. It is important for the industry to prioritize ethical and sustainable practices and to invest in security measures to protect sensitive payroll data.

The industry's future outlook is positive, focusing on innovation and customization. As technology continues to advance, companies in the industry will need to remain adaptable to changes and prioritize the needs of their clients. The payroll services industry will continue to play a crucial role in supporting the growth of businesses in Australia, and with the right investments and policies in place, it has the potential to become a global leader in the payroll services sector.

Moreover, the COVID-19 pandemic has highlighted the importance of remote work and digital solutions. This has resulted in an increased demand for digital payroll services that can be accessed remotely, providing greater flexibility and convenience for both employers and employees. Companies in the payroll services industry that prioritize digital solutions and remote accessibility are likely to experience continued growth and success in the future. As such, it is essential for companies in the industry to remain vigilant and adaptable to the ever-changing business landscape to ensure continued success and relevance.

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By Melissa Goh
Published on 11 May 2023