My Digital offers a cloud-based payroll software that enables accurate and efficient payroll processing for UK workers, specifically designed for both start-up and established employment businesses. The platform automates payroll tasks, allowing clients to increase operational efficiency and achieve over 30% growth annually without expanding their workforce.
Funding
$3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many UK-based employment businesses, especially startups, face challenges in accurately and efficiently processing payroll for their workers. Manual payroll processes are time-consuming and prone to errors, hindering operational efficiency and scalability.
Solution
My Digital offers a cloud-based payroll software designed to streamline and automate payroll processing for UK businesses. The platform enables accurate and efficient payroll management, reducing manual effort and improving compliance. By automating key tasks, My Digital allows businesses to scale operations and achieve significant growth without needing to proportionally increase their workforce. The software also provides tools for finance and VAT returns, offering a comprehensive solution for managing financial processes related to payroll.
Target Audience
The primary target audience includes startup and established employment businesses in the UK that require an efficient and accurate payroll processing solution.
Features
- Cloud-based platform accessible from anywhere
- Automated payroll processing for UK workers
- Compliant with UK payroll regulations
- Integrated finance and accounting platform
- VAT return submission tool compliant with Making Tax Digital
- Real-time reporting and analytics
- Secure data storage with ISO27001 and Cyber Essentials Plus certifications
- Conversational customer support with guaranteed response times