Top Payroll Services Companies in New-Zealand

The Payroll Services Industry in New Zealand is a vital sector that provides essential services to businesses across the country. The industry has been a significant contributor to the country's economic growth, with a contribution of approximately 0.5% to the gross domestic product (GDP) in 2022 and employment of over 5,000 professionals. In this article, we will explore the key statistics from 2022, factors contributing to its growth and success, industry growth and comparison to previous years, key trends including technological disruptions, challenges, and future outlook.

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DATACOM6,432 (blank)
media@datacom.co.nz

Customer focused values. World-class capability. The right solutions to help you navigate, wherever you are on your journey. With a breadth of offerings and depth of expertise, there isnt a safer pair of hands to help navigate the future of your business. Datacom is Australasias largest home-grown tech company. Drawing on the experience of over 6500 staff in 24 locations around the globe, we work with a full range of clients, from small start-ups through to government agencies and multinational corporations, to explore and extract the hidden value in their systems. We bring together over half a century of know-how, the right technology and the knowledge and creativity of our people, to deliver sustainable solutions to our customers greatest challenges. With our team of dedicated professionals, we work with leading partners to deliver the solutions that are right for our customers – that solve their issues and enhances their businesses. We design, build and run IT systems and p…

TOP FLIGHT COMPUTER SERVICES9 +64 9 367 6609
topflight@topflight.co.nz

Top Flight specialise in re-engineering financial and business management systems to free the shackles of out dated systems and pave the way to becoming a more dynamic and flexible business. Too often businesses are constrained by their systems rather than empowered by them. Held to ransom by a patchwork of software projects that arent delivering on their intended purpose. We make finance systems more accountable. Talk to the team at Top Flight about re-imagining your financial systems.

JZR ACCOUNTANTS & CONSULTANTS3 +64 9 972 2236
info@jzr.co.nz

When it comes to finding the right accountant , we strongly believe that business owners want more than just number crunchers who churn out financial statements and tax returns. We at JZR Accountants & Consultants are more than just compliance jockeys. We can add value to your business by providing you with the analysis and financial insight that you need to make better business decisions, which ultimately leads to increased profit and business success. As the preparers of your financial information, we are uniquely positioned to provide you meaning and context behind the financial figures. This means we provide you with more analysis, more commercial insight, and a true business partner that can help you to make better business decisions. Sure we will take care of your everyday tax obligations as well, and make sure youre not paying more tax than you should. However, our focus is on your business success and to be the business advisors that you deserve. As part of our commitment t…

MERO LIMITED4 +64 9 574 1770
info@mero.co.nz

Mero delivers enterprise-class analytics consulting for a cost-effective price. We specialise in wrangling data from any diverse source – especially real-time strategic & financial KPIs – and harness it to drive insights into your business. We provide analytics, financial forecasting & data integration solutions to clients throughout New Zealand. Our innovative cloud-based Holidays Act Remediation Engine (HARE), enables you to recalculate leave & payment entitlements, as it has become apparent that most organisations do not fully comply with the complex legislation. We offer a configurable, flexible engine – that can ingest multiple payroll sources, and perform the challenging remediation computations – resulting in a clear view of your liabilities across potentially thousands of employees. We have deep expertise in Microsoft, Adaptive Insights and a wide range of open-source analytic technologies. Our offices are in Auckland and Wellington, and include a consulting presence in Chri…

PAYSAUCE32 +64 800 746 701
helpdesk@paysauce.com

PaySauce creates fresh solutions for people at work. Were a big-thinking innovator looking to make a genuine impact for our partners, customers and shareholders. We make the human part of business way easier with payroll, rosters, timesheets, employment contracts and heaps more.

WHITELAW WEBER20 +64 9 407 7117
info@wwc.co.nz

Whitelaw Weber – game-changing accountants. Whitelaw Weber brings together a team of talented, experienced individuals, whose passion is business, and combines their strengths to be one of New Zealands top thirty independent accounting firms. Were more than just tax. Accounting is no longer the sole domain of bean counters and those wearing business suits and glasses. Technology has turned accounting on its head. And rightly so. Anyone can download robust reliable software to support their business and lifestyle. And it doesnt stop there - technology continues to evolve. Those very clever software developers keep coming out with new tools that can do everything from reconciling bank statements through to remotely managing a sales force. Now imagine taking that ever-changing technology and combining it with years of hands-on business smarts - thats a recipe for peace of mind, financial freedom and business success. Our team know what they are talking about – theyve owned business…

FROG RECRUITMENT27 +64 9 362 0528
remi@frogrecruitment.co.nz

Operating for over 20 years in Aotearoa New Zealand, Frog Recruitment is your local award-winning recruitment agency with people at heart. 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. Looking for people or for your next role? Contact us today. Frog Recruitment acknowledges Māori as tangata whenua and Treaty of Waitangi partners in Aotearoa New Zealand. We pay our respects to the mana whenua of the land on which Frog operates every day.

AMS LTD33 +64 9 917 6500
ams@ams.co.nz

AMS helps large organisations simplify complexity in their business, applying our deep industry knowledge and strong technical capability to provide smart software solutions and services. Employee management and remuneration (Rostering, T&A with Award Interpretation, HR and Payroll) solutions for the healthcare, government and tertiary education sectors; and life insurance management solutions for the banking and insurance sectors are AMS focus. In these sectors simplifying complexity can bring significant benefits in terms of increased efficiency and lower costs. A privately owned New Zealand company, AMS has been supplying software and enterprise computer systems to New Zealand organisations for 30 years. We have deep experience in building and running large and complex systems in New Zealand and Australia. More than just a software company, AMS provides payroll and employee management services to deliver the best outcomes to our clients: - Professional Services - Outsource Ser…

BEYOND RECRUITMENT131 +64 800 239 444
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Beyond Recruitment is the largest 100% Kiwi-owned recruitment agency, with head offices in Auckland, Wellington and Christchurch and a presence in Tauranga and Hamilton. Established in 2003, the Beyond Recruitment group employs 105 staff and recruits nationwide with head offices in Auckland, Wellington, and Christchurch and a presence in Tauranga and Hamilton. We deliver Permanent Recruitment, Temporary Staffing Solutions, Contracting Solutions and Executive Search across the following specialisations: • Technology, Transformation & Digital • Accounting, Finance & Financial Services • Business & Corporate Support • CX, Sales, Marketing & Communications • Customer Services & Call Centre • Engineering & Technical • Government & Policy • Human Resources • Procurement, Operations & Supply Chain • Construction, Architecture & Design For job seekers, we have hundreds of job and assignment opportunities while employers have access to our comprehensive and fresh pools of talent. Our recru…

THE BACK OFFICE COMPANY11 +64 9 377 1921
info@tbo.nz

With a background of working closely with chartered accountants and bookkeepers for many years, we realised there was a demand for good quality bookkeeping in the small to medium sized business market. We believe our bookkeeping service benefits not only our small to medium sized clients, but also the chartered accountants we work so closely with already. Ultimately we are bookkeepers, NOT accountants and we are keen to stay that way. We actively encourage a strong relationship with our client and their chartered accountant. One of our directors has recruited accountants into chartered accounting firms for the last 15 years and we take the same professional approach in selecting our bookkeepers. We also know that its not just your accounts that need to be kept up to date if you want to grow your business. There are staff issues, new customers to attract, existing customers to look after and a whole bunch of things you need to be the master of, this is why The Back Office Company …

ICL CHARTERED ACCOUNTANTS LTD16 +64 3 440 0100
enquiries@iclca.co.nz

Weve been providing specialist accountancy services to a diverse range of businesses for more than 60 years. Over that time weve evolved and grown the business to meet the needs of our clients. Our team of 30 staff takes great pride in supporting a diverse range of clients throughout New Zealand and overseas.

HEALTHSOURCE149 +64 9 367 0000
staffservicecentre@healthsourcenz.co.nz

HealthSource NZ supports the Northern Region by providing finance, procurement, supply chain, data and payroll services. We partner seamlessly with the districts to ensure that critical services and products are available to hospitals with minimum fuss and excellent efficiency.

TANDEM GROUP CHARTERED ACCOUNTANTS33 +64 6 758 5273
support@tandemgroup.co.nz

Chartered Accountants with offices in New Plymouth, Hawera & Waitara. Our clients include wholesalers, retailers, engineers, farmers, education, retirement villages, tradesmen, property developers, investors, manufacturers, oil & gas industry professionals, importers and exporters. We have a team of competent accountants. We provide holistic business services including all aspects of business support.

EXTRASTAFF RECRUITMENT71 +64 800 662 511
contact@extrastaff.co.nz

Extrastaff is the ideal partner for any Client or Candidate looking to rely on a provider of recruitment and temporary staffing services. Whilst offering a range of specialist divisions to undertake candidate selection we are backed by a shared services team capable of ensuring seamless payroll and candidate management solutions. Our aim is to provide our Clients and Candidates with congenial, experienced and knowledgeable human resources via our skilled Consultants. In turn, we aim to give our Consultants the support they require so that they may continue focusing on adding value to the Client and Candidate relationships. Check out our company digital profile - http://platoflipbooks.co.nz/Extrastaff/Company-Profile/

XERO5,268 (blank)
sustainability@xero.com

Xero is a global small business platform with 3.5 million subscribers which includes a core accounting solution, payroll, workforce management, expenses and projects. Xero also has an extensive ecosystem of connected apps and connections to banks and other financial institutions helping small businesses access a range of solutions from within Xeros open platform to help them run their business and manage their finances. For four consecutive years (2020-2023) Xero was included in the Bloomberg Gender-Equality Index. In 2021 and 2022, Xero was included in the Dow Jones Sustainability Index (DJSI), powered by the S&P Global Corporate Sustainability Assessment. Xero is a FIFA Womens Football partner. Get support http://central.xero.com

ENRICH GROUP NZ18 +64 800 367 424
info@enrichgroup.org.nz

Enrich Group is a family of organisations that has common and complementary services that support people with disabilities and those living with autism and neurodiversities. It is the entity that acts as the Kaitiaki (guardian) for the family of services which includes: * Enrich+ * McKenzie Centre * Enrich+ Property Trust and two partnerships: * Active+ Waikato * Enrich Group Management Services. The key focus of this partnership is to enhance each of these individual organisations, to offer more capacity and further meet the increased demand for disability services in the community. In addition, this group partnership provides the capability to combine resources which adds value for greater workplace efficiencies. Our motivation is to ensure we deliver high quality, and sustainable whole-of-life services across the life-span. This means that every individual (and their whānau) who choose our services, have the support and tools in place to lead their very best life.

FLEXITIME24 +64 6 844 2742
info@flexitime.works

The world of work has changed. Businesses are increasingly adopting hybrid workforce strategies and people are choosing flexibility over the security of permanent work. Work hours are variable and dynamic, workplaces are increasingly distributed or remote, and contracting and freelancing are on the rise. FlexiTime helps ambitious businesses manage and pay their flexible workforce. Our modern workforce suite includes solutions for payroll, time and attendance, leave management, contractor management, rostering and recruitment.

AIMY SOFTWARE14 +64 9 972 9484
sales@aimy.io

Aimy is a cloud based software solution. It provides software as service for Child Programme Management & Real Time Booking & Financials. e.g. Early Childcare, After School Care, Class, Children Academies, Sports Clubs and Tuition.

STRETTONS34 +64 7 376 1700
info@strettons.co.nz

Strettons is the oldest accountancy firm in Taupo and can trace its beginnings back to the 1950s. Since those humble beginnings, the firm has experienced significant growth.It is now the largest accountancy firm operating in the Central Plateau. Our large team of professionals can provide a diverse range of skills and experience to our clients. We are proud to be renowned as being a great place to work and our loyal staff are a testament to that reputation.

ARCHWAY RECRUITMENT31 +64 21 920 145
admin@archwayrecruitment.com

Connecting jobseekers and employers within the Built, Corporate and Technology sectors. We are a specialist recruitment company who uses its experience and deep knowledge of the Built Sector, Corporate and Technology sectors to match the right talent to an organisations needs. Based in Auckland, Wellington and Christchurch, but covering the whole of New Zealand, we place permanent, fixed term, contract and temporary roles from graduate to senior management. Those sectors include: Built - Architecture, Property, Engineering and Construction Corporate - Accountancy, HRIS/Payroll, Business Support, Marketing/Communications and HR Technology – Software Engineering, Product Experience and Transformation Delivery We are experts at what we do and know what a good career move is. We know the interview process. We know how to negotiate the best salaries. And we know how to use this knowledge to deliver the best solution for candidates and clients, in the best way. For us, rewarding r…

Top Payroll Services Companies in New-Zealand

Factors Contributing to its Growth and Success

One of the key factors contributing to the growth and success of the Payroll Services Industry in New Zealand is the increasing demand for efficient and reliable payroll solutions. As businesses in New Zealand grow and expand, they require more sophisticated and efficient payroll solutions to manage their workforce. This has led to a growing demand for payroll services across a wide range of industries.

Another factor contributing to the growth of the industry is the increasing focus on compliance and regulatory requirements. The government has introduced a number of measures aimed at improving compliance with payroll and employment regulations, which has led to a growing demand for payroll services that can help businesses to stay compliant.

Industry Growth and Comparison to Previous Years

The Payroll Services Industry in New Zealand has shown steady growth over the past few years, with an average growth rate of 3.1% between 2017 and 2021. The industry has been able to weather the challenges posed by the COVID-19 pandemic, with demand for payroll services remaining strong even during the lockdowns.

In comparison to previous years, the industry has shown significant growth in the software and services segments, with a number of local companies developing innovative payroll software solutions that are being adopted by businesses across the world. The outsourcing segment has also shown strong growth, driven by a growing demand for third-party payroll services.

Key Trends including Technological Disruptions

The Payroll Services Industry in New Zealand is witnessing several key trends that are shaping its future. One of the most significant trends is the increasing use of cloud-based payroll solutions. Local businesses are investing in these technologies to develop more efficient and secure payroll solutions that can be accessed from anywhere in the world.

Another trend is the growing demand for payroll solutions that can integrate with other business systems, such as accounting software and human resource management systems. This has led to a growing demand for payroll solutions that are highly customizable and can be tailored to the unique needs of each business.

Challenges

The Payroll Services Industry in New Zealand is facing several challenges that could impact its future growth. One of the key challenges is the increasing competition from global payroll giants, which have larger marketing budgets and can offer services at lower prices. Local businesses will need to continue to innovate and differentiate themselves to compete in this market.

Another challenge is the need to stay up-to-date with changing compliance and regulatory requirements. Payroll service providers will need to invest in training and development to ensure that their staff are equipped with the necessary knowledge and skills to provide compliant payroll solutions.

Future Outlook

Despite these challenges, the future outlook for the Payroll Services Industry in New Zealand is positive. The industry is expected to continue growing at a steady pace, driven by a growing demand for efficient and reliable payroll solutions and the increasing focus on compliance and regulatory requirements. Businesses will need to continue to invest in research and development to stay ahead of the curve and differentiate themselves from the competition.

Conclusion

In conclusion, the Payroll Services Industry in New Zealand is a vital and growing sector that plays a critical role in supporting businesses across the country. While the industry faces several challenges, including increasing competition from global payroll giants and changing compliance and regulatory requirements, the future outlook is positive.

The Payroll Services Industry in New Zealand will need to continue to invest in research and development to stay ahead of the curve and differentiate themselves from the competition. Collaboration between the government and private sector will also be important to support the development of the industry.

To address the challenges facing the industry, the government and private sector need to continue to invest in research and development of new technologies that can help to improve the efficiency and effectiveness of payroll solutions. This could include developing new software platforms, investing in machine learning and artificial intelligence, and improving the cybersecurity of payroll solutions.

In addition, payroll service providers will need to invest in training and development to ensure that their staff are equipped with the necessary knowledge and skills to provide compliant payroll solutions.

Overall, the future of the Payroll Services Industry in New Zealand is bright, and the industry is expected to continue to grow and contribute to the country's economic growth. By continuing to innovate and differentiate themselves from the competition, local businesses can remain competitive in this market and continue to provide essential payroll services to businesses across New Zealand.

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By Melissa Goh
Published on 25 May 2023