As an HR professional, you're already aware of the transformative effects an automated HR and Payroll system can have on your payroll processes.
For instance, one PaidHR (formerly Pade HCM) customer testifies that our automated payroll solution saves their organization at least 3 hours of productive time per payroll run!
Yet, convincing C-level stakeholders of the value of an automated payroll platform often feels like swimming upstream.
It gets even harder if these stakeholders also face budget requests from other departments looking to upgrade their technology.
In this case, you need as much information as you can get to properly make your case.
We want to help you with that.
This article will shed light on PaidHR's pricing model, giving you the information you need to explain the benefits to your decision-makers.
But before we get into that
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What Factors Influence PaidHR's Pricing?
Two major factors determine how much your organization will pay to simplify its payroll processes with PaidHR (formerly Pade HCM). They are:
- Your organization's size
- The modules you need
Your organization's size
The size of your workforce directly impacts the pricing of PaidHR's services. Whether you're a small business with a handful of employees or a large enterprise with thousands, PaidHR offers a per-employee pricing structure.
This ensures that you only pay for the resources you use, making it cost-effective for organizations of all sizes.
The modules you need
PaidHR offers a suite of modules beyond our core payroll functionality. In addition to Payroll Management, you may need modules such as Benefits Administration, Leave Management, or Asset Management.
By selecting only the modules you need, you can customize your PaidHR experience and optimize your investment.
Want to know how much PaidHR costs? Book a meeting with one of our payroll experts now to find a price that fits your organization.
Are there any other cost considerations you should know about?
Yes, there are.
We recently announced a shift in our pricing strategy to help more organizations save payroll costs and provide the best payroll experience for their workforce.
Hear from our CEO:
What does this mean for you?
If all you need is PaidHR's (formerly Pade HCM) payroll and HRIS, we're eliminating upfront implementation costs and subscription fees.
Under this new model, you'll only incur costs when you disburse your organization's payroll with PaidHR. This way, you'll align your spending with your platform usage and provide yourself with greater budget flexibility.
That's not all.
PaidHR's payroll solution goes beyond basic payroll processing by automating your tax, pension, and other statutory obligations. This streamlines your administrative tasks and reduces the risk of compliance errors.
And your employees are not left out�
After the initial payroll run, they also become eligible for Earned Wage Access (EWA), allowing them to withdraw a portion of their earned salary at any time during the month.
This feature not only enhances employee financial wellness but also reduces the administrative burden associated with traditional salary loan processes.
Create A Forward-Thinking Workplace With PaidHR
PaidHR's payroll platform will continue to grow.
We have plans to introduce innovative features such as Employee Wallets, Cross-Border Payroll, Savings & Investments, and True Embedded Finance, all aimed at providing comprehensive financial solutions within the payroll ecosystem.
With these developments, you can leverage PaidHR not only as a payroll processing solution but also as a strategic partner in financial management and employee engagement.
Your organization can unlock greater value while reducing costs associated with manual processes, compliance risks, and employee retention efforts.
Ready to see how PaidHR works? Book a demo here.