Co-Founder/CEO
Buddy - The Revolutionary Payroll Companion
Buddy is a cloud-based payroll software that automates payroll calculations, time and attendance tracking, and generates compliance documents like FS3 and FS5, ensuring accurate and timely payroll processing. It provides a user-friendly portal for employees to access payslips and manage leave, while offering seamless integration with accounting systems to enhance operational efficiency.
- Enterprise Software
- Financial Technology
- HR Technology
- Software Only
Updated 7 months ago
Funding
Funding rounds are not available yet.
Founders
Product
Problem
Managing payroll involves complex calculations, time-consuming administrative tasks, and ensuring compliance with ever-changing regulations. Businesses often struggle with manual processes, leading to errors, delays, and potential penalties.
Solution
Buddy is a cloud-based payroll software designed to automate and streamline payroll processes for businesses of all sizes. The platform simplifies payroll calculations, automates time and attendance tracking, and generates compliance documents. Buddy provides a user-friendly interface for both employers and employees, offering features such as self-service portals, leave management, and seamless integration with accounting systems. By automating these tasks, Buddy reduces the risk of errors, saves time, and ensures accurate and timely payroll processing.
Target Audience
Buddy targets employers, payroll bureaus, and accounting/finance teams seeking to streamline payroll processes, ensure compliance, and improve operational efficiency.
Features
- Automated payroll calculations for taxes, national insurance, and student loans
- Time and attendance tracking with clock-in/out functionality
- Employee self-service portal for accessing payslips, managing leave, and updating personal details
- Holiday management features for viewing and approving holiday applications
- Integration with accounting software such as Xero, Sage, Quickbooks, and Freshbooks
- Generation of BACS files and Open Banking integration with Fyorin for payment solutions
- Comprehensive reporting and analytics for detailed financial insights
- REST API for connecting with enterprise systems
- ISO27001 certified security with encryption and multi-factor authentication