© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Employment Hero Acquisition Enables World’s First Fully Automated Payroll Situation
Posted 10th April 2024

Employment Hero Acquisition Enables World’s First Fully Automated Payroll Situation

Global employment management platform, Employment Hero, has announced the acquisition of Employment Innovations, one of the largest managed payroll providers in the world.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Employment Hero Acquisition Enables World’s First Fully Automated Payroll Situation
man in glasses and shirt smiling
  • From today, UK SMEs will benefit from a unique dual approach: AI-powered payroll automation with expert human touch – saving SMEs up to 80% in payroll processing time 
  • Pay runs that previously took days or weeks will happen instantaneously, error free.
  • Employment Hero is the first technology provider in the UK to offer an all-in-one HR and payroll solution
  • The acquisition will accelerate the development of the world’s smartest AI for payroll.

Global employment management platform, Employment Hero, has announced the acquisition of Employment Innovations, one of the largest managed payroll providers in the world. 

Employment Hero, who were the first technology company to offer automated payroll in the UK, announces this strategic merger which will streamline entire payroll processes for SMEs by combining world class software with expert managed payroll services to deliver faster, accurate, compliant payroll in a unified, all-in-one platform.

From today, SMEs across the UK can benefit from a new, dual approach to payroll: cutting edge automation, alongside human touch. This means pay runs completed with full visibility, all powered by the Employment Hero platform, with dedicated payroll experts on-hand to ensure compliance and accuracy.

AI and automation will do the heavy lifting, allowing humans to put their skills to more valuable work. 

“This is an important milestone in our journey towards building the very first fully automated payroll solution and becoming the world’s largest employment management platform. Businesses are learning to embrace technological advancements like AI, but it’s crucial that we meet them halfway. Our acquisition facilitates this. Not only does it empower us to train the most accurate AI possible, but it also provides our customers with the additional reassurance of human interaction. Technology is an enabler, it’s not something to be feared. Joining forces with Employment Innovations demonstrates a harmonious coexistence between AI and human expertise,” said Ben Thompson, co-founder and CEO of Employment Hero.

“Our customers are time poor and under-resourced, providing an all-in-one solution gives them time back to focus on building their business and offering more jobs. It also advances our mission to make employment easier and more valuable for everyone.”

Currently, around 60% of UK SMEs outsource their payroll processes. Processing wages is cited as one of the most time-costly processes for all industries, with the majority of pay runs regularly taking up to a week to complete*. It’s predicted that this new offering will save SMEs 80% in payroll processing time, as pay runs that previously took days or weeks will happen instantaneously, and will be error free. 

Employment Hero is the only technology company in the UK offering an all-in-one, fully automated HR, recruitment and payroll solution for SMEs. This is especially beneficial for business owners who don’t have the budget to invest in multiple technology providers. 

With over 30 years managed payroll experience, the acquisition of Employment Innovations will enable the development of the world’s smartest payroll AI. Unlike other solutions, which purely automate the repetitive aspects of payroll, it will be trained to automate the most complex of payrolls by analysing individual pay runs. In doing so, Employment Hero will deliver increased payroll efficiency and accuracy for thousands of businesses across the globe.

Categories: Finance, M&A, News


You Might Also Like
Read Full PostRead - Eye Icon
3 Tax Tips for Non-Profits
Finance
20/04/20213 Tax Tips for Non-Profits

The UK government allows charities, aka non-profits, to use quite a few tax exemptions and benefits to minimise their total due tax amount every year. However, in order to really take advantage of those benefits as a non-profit organisation, the administrative

Read Full PostRead - Eye Icon
United Bankshares, Inc. Announces Increase in Earnings
Finance
30/04/2015United Bankshares, Inc. Announces Increase in Earnings

United Bankshares, Inc., today announced earnings for the first quarter of 2015. Earnings for the first quarter of 2015 were $34.6 million or $0.50 per diluted share, an increase from earnings of $30.1 million or $0.48 per diluted share for the first quarter o

Read Full PostRead - Eye Icon
Answering All the Right Questions for Distribution Network Optimization
Innovation
12/05/2016Answering All the Right Questions for Distribution Network Optimization

In today’s rapidly changing distribution environment, it’s critical for businesses to look inside and outside the box, in order to optimize the entire network as well as warehouse labor and capacity.

Read Full PostRead - Eye Icon
How to build and manage credible partnerships and affiliations in business
Finance
21/02/2018How to build and manage credible partnerships and affiliations in business

The rapid rise of brands and companies partnering with experts and influencers to endorse products or services has been ever-increasing in our social media focused world.

Read Full PostRead - Eye Icon
CafeX Closes on $21 Million Series B Raise
Finance
30/03/2015CafeX Closes on $21 Million Series B Raise

CafeX, a leading provider of real-time engagement solutions for mobile and web platforms, announced that it has closed on $21M in Series B funding.

Read Full PostRead - Eye Icon
UK-based medicinal cannabis private equity fund-vehicle JPD Capital expands into Spanish market
M&A
22/12/2020UK-based medicinal cannabis private equity fund-vehicle JPD Capital expands into Spanish market

Medicinal cannabis Private Equity fund-vehicle JPD Capital has announced it has entered into a joint venture with Verdex Group to create and scale a medicinal cannabis start-up in Spain.

Read Full PostRead - Eye Icon
(UK) Top Tips to Steer Business Through New Tax Year
Finance
02/04/2015(UK) Top Tips to Steer Business Through New Tax Year

As businesses enter the new tax year on 6 April, ICAEW are urging businesses to get their finances into shape and prepare for new tax arrangements.

Read Full PostRead - Eye Icon
Providing TailorMade Solutions for Your Business
Strategy
20/12/2017Providing TailorMade Solutions for Your Business

Horev & Co. Law Office is a boutique law firm offering its clients individually tailored legal services in various commercial fields.

Read Full PostRead - Eye Icon
3 Best Trading Strategies
News
18/01/20223 Best Trading Strategies

Are you looking for a way to make money? Well, the good news for you is that you are living in the 21st century. Modern technology and the online world have allowed us to improve our financial stability.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow