What is Payroll Plus?
Payroll Plus HCM is a North Carolina-based entity specializing in comprehensive payroll and human capital management solutions. Its offerings span applicant tracking, onboarding, scheduling, time attendance, and compliance management. The company differentiates itself by combining a personal approach to customer service with advanced technology to enhance client productivity and profitability. Serving over 800 clients nationwide, Payroll Plus HCM provides an integrated, cloud-based platform designed to optimize HR processes and deliver a strong return on investment. The platform's accessibility and customizable nature cater to the diverse requirements of various organizations, solidifying its position in the competitive HR tech landscape.
How much funding has Payroll Plus raised?
Payroll Plus has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Payroll Plus
PPP
Public-Private Partnership
What's next for Payroll Plus?
With the recent strategic investment and its established market presence, Payroll Plus is well-positioned for its next phase of growth. The substantial capital infusion, particularly within a large-scale, late-stage funding environment, suggests a focus on scaling operations, potentially through market penetration, product development, or strategic acquisitions. The company's emphasis on a unified, cloud-based platform and robust customer service indicates a strategy aimed at capturing a larger share of the HR technology market, driving further innovation in payroll and human capital management solutions.
See full Payroll Plus company page
