Onfolk is a payroll and HR web application that automates payroll processing and employee onboarding, reducing payroll administration time by 90% compared to traditional methods. The platform centralizes employee data and integrates with HMRC, major pension schemes, and accounting software, ensuring accurate and timely payroll management.
Funding
$125K 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 small to medium-sized businesses (SMBs) struggle with inefficient and time-consuming payroll and HR processes, often relying on manual methods, outdated software, or expensive outsourcing. This can lead to errors, compliance issues, and a significant administrative burden, diverting resources from core business activities.
Solution
Onfolk is a payroll and HR platform designed to streamline and automate people management for SMBs. The platform centralizes employee data, automates payroll processing, and simplifies onboarding workflows, significantly reducing administrative overhead. By integrating with HMRC, major pension schemes, and accounting software, Onfolk ensures accurate and timely payroll management while maintaining compliance. The user-friendly interface and expert customer support empower businesses to manage their payroll and HR in-house, reducing reliance on external providers and increasing control over their people operations.
Target Audience
Onfolk is designed for small to medium-sized businesses (SMBs) that want to streamline their payroll and HR processes, reduce administrative burden, and maintain compliance.
Features
- Automated payroll processing that reduces payroll administration time by up to 90%
- Centralized employee database for storing and managing all employee information
- Integration with HMRC for real-time tax compliance
- Compatibility with major pension schemes for seamless pension management
- Integration with accounting software for streamlined financial reporting
- Automated tax code updates to ensure accurate tax calculations
- Employee onboarding workflows that reduce the time to set up new starters
- Unlimited document storage for secure and organized document management
- Reporting and analytics across HR and pay data to gain insights into workforce costs and trends