Tagged: payroll software

Payroll and Bookkeeping Software Firm ScaleFactor Shuts Down due to Declining Revenue Following COVID-19 Outbreak

Business software provider ScaleFactor is reportedly shutting down, after securing $100 million in capital during the past year from major investors including Bessemer Venture Partners and Coatue Management. In March 2020, the financial services company began experiencing challenges due to the global COVID-19 outbreak, which… Read More

French Fintech PayFit Udpates HR and Payroll Platform to Allow UK Businesses to Determine Furlough Pay During Coronavirus Pandemic

France-based Fintech firm PayFit has upgraded its HR and payroll platform to allow UK companies to determine furlough and sick pay during the Coronavirus (COVID-19) crisis. The updates to PayFit’s human resources software will give PayFit users the option to submit Coronavirus-related leave requests. The… Read More

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