Access People to acquire payroll provider Paycircle
Access People, a division of The Access Group, a leading provider of business management software, has acquired Paycircle, a cloud-based collaborative payroll platform for modern payroll bureaus. Paycircle’s expertise in payroll management will integrate into Access People’s core suite, boosting current payroll offers for new and existing customers.
Paycircle is a UK payroll platform provider with over 20 years’ experience building financial software and compliance platforms. Its cloud-based payroll ecosystem is exclusively distributed through the bureau and accountancy channels designed to accelerate payroll efficiency.
Charles Butterworth, managing director, Access People commented: “At a time of economic difficulty for many organisations, providing accurate, efficient and on-time payroll is more crucial than ever. We’re delighted to welcome Paycircle as the latest acquisition to the Access Group, allowing us to expand Access Payroll Services and continue our mission to become the leading provider of world-class HR solutions.”
Catherine Pinkney, co-founder of Paycircle said: “Seeking out new opportunities to support our clients has always been at the heart of Paycircle’s approach. I’m thrilled about our next steps with Access People, integrating our offering within Access platforms to provide more efficient and streamlined payroll services. Together, we can move forward with a fully comprehensive service, thanks to our combined approach to investing in and developing software that is second-to-none.
‘’The Paycircle payroll platform takes payroll from being a back-office admin process and integrates it into the heart of an organisation. My view is that “pay day” is about business and people and it’s not just about PAYE and pensions compliance or unfathomable payslips.’’
Jamie Costello, co-founder of Paycircle commented: “I am delighted that Paycircle is finding a new home at the Access Group. The combination of Paycircle’s innovative technology and Access’s resources and experience will allow many more companies to see what a true cloud Payroll system can offer.’’
Paycircle was advised by Douglas Edmunds of CapEQ with legal advice provided by Freeths – Malin Svanberg Larsson.
Written by Catherine Pinkney