Download the report: What are the real costs of payroll processing?

Manual payments handling is considered the largest payroll overhead by 44% of companies. This is one of the findings from research with over 90 payroll professionals into the challenges of payroll processing that we carried out with UK payroll publication, Reward Strategy.

The highlights include:

  • Nearly 40% of companies still rely on Excel to receive, submit and process payroll data
  • Manual reconciliation at 37% and inconsistent staff workloads at 35% were the second and third largest costs cited by respondents
  • While 48% of firms use off-the-shelf payroll software, 37% maintain an in-house or customised solution
  • Some solutions to overcome the identified challenges 

Fill in the form on the right for instant access to a report exploring the research findings and how payroll providers can improve their business efficiency.

Customers we are already helping


About Modulr

Modulr is the new integrated payment service, built around a new type of digital account. For businesses that need a faster, easier and more reliable way to move money. We automate pay out, simplify pay in and deliver new services for businesses across lending, payments fintech, payroll services, travel, marketplaces and more.