What to do when your payroll needs outgrow Xero? As businesses scale, growing pains are to be expected. But how do you rethink your payroll process? This article is
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@Microkeeper
Claire Quinn, Marketing & Community, Microkeeper I am passionate about digital innovation and business automation. My role allows me to create informative resources for our users aiding in the adoption of digital solutions within business and allowing them to get the most out of our features. It’s exciting to be working in a constantly evolving space in which our product is continually adapting to meet our users needs and where I find value in seeing businesses stay competitive and reach their goals.
ero is widely considered to be one of the best accounting software options for small businesses and start-ups. Its ease of use makes it great for beginners and an excellent choice for those with limited accounting experience who are looking for basic financial management features.
isn’t designed to handle much more than just day-to-day payroll processing functions. On top of that, according to Xero’s own account “the more employees added to the product, the worse processing and speed will become when trying to post a pay run.” and last but not least, once you reach 200 users, you’ll be cut off.
business growth through improved employee admin and payroll in Australia, it’s hard to go past Microkeeper.
However, as your business grows, you’ll need to identify the right processes, plans and systems needed to scale. Sometimes, tools that worked for years might no longer be the best fit.
Enough reasons to look for a payroll solution that can grow with you beyond these thresholds.
“Unlike Xero, Microkeeper has been built first and foremost as a payroll system, meaning that it’s purposely made to handle the payroll needs of large businesses and enterprises.” explains Joel Davis, Microkeeper CTO. “Some of our clients in large scale event and labour hire, run payroll for over 5,000 employees in one go - without running into any problems.”
If you find yourself managing more than 50 employees using Xero Payroll, it might be time to start looking into another option - especially since Xero
Limitless payroll processing If you’re on the lookout for a product that can easily support
Australian built, owned, operated and fully supported by the team out of their Victorian HQ, the maximum number of employees supported is virtually limitless.
“Without automated processes, the workload for payroll will continue to increase as your business grows.”
“Our sales team are often asked what the limit is of the number of employees we can support, but the truth is, while there probably is a number in theory, we’re confident we can manage the payroll process for any business in Australia.” Joel concludes.
24 / Issue 31
XU Magazine - the independent magazine for Xero users, by Xero users.