Frey
Frey is an AI-powered payroll platform that runs payroll end to end, from collecting employee changes and validating data to calculating pay, generating bank files, and reporting to authorities. It integrates with existing payroll systems and HR tools, with AI handling follow-ups and exceptions while payroll specialists manage expert-judgment issues. Users approve each payroll run before payment, with a dashboard showing status across inputs, exceptions, history, calculation, and bank file generation.
- HR Technology
- Enterprise Software
- Artificial Intelligence
- Financial Technology
- Software Only
- AI Agents
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Managing payroll is time-consuming and extends far beyond calculating salaries. Teams must collect information from various sources, resolve exceptions, coordinate with stakeholders, and ensure compliance—all while maintaining accuracy across every pay cycle.
Solution
Frey runs payroll end to end using AI, automating the collection of inputs, validation of data, calculation of pay, generation of bank files, and reporting to authorities. It integrates with existing payroll systems and HR tools, using AI to follow up with people and gather necessary information. Payroll specialists handle issues requiring expert judgment, and users approve each run before payment is processed, ensuring oversight and control.
Target Audience
Payroll teams at companies that manage payroll in-house or through providers, seeking to offload the operational workload and reduce time spent on payroll administration.
Features
- End-to-end payroll automation: collects inputs, validates, calculates, generates bank files, and sends AGI (Automatischer Geschäftsverkehr) reports
- AI-driven exception resolution and follow-ups with employees to gather missing information
- Integration with existing payroll systems and HR tools, with results routed to bank, accounting, authorities, and benefit providers
- Human-in-the-loop model where payroll specialists handle expert-judgment issues and users approve each payroll run
- Dashboard showing payroll status across stages: inputs, exceptions, history, calculation, and bank file generation