Friday, February 18, 2022

AlleyWatch

AlleyWatch


Check Raises $75M for its Payroll Infrastructure Platform That Allows Software Platform to Offer Payroll-as-a-Service

Posted: 18 Feb 2022 06:27 AM PST

Advancements in technology have allowed businesses owners across varied industries to leverage software to manage nearly every aspect of their business.  However, payroll has been one key aspect that's been left out of most software solutions as it's been viewed as a cumbersome undertaking in an external, siloed, and walled ecosystem that's outside of the core capabilities of the software provider.   Check is a payroll infrastructure platform that allows business software platforms to seamlessly integrate payroll functionality for their customers without significant expense nor technological resources.  The company's API, Component, provides the connectivity to offer payroll-as-a-service coupled with a customer management dashboard called Console. Both are customizable to allow for tailored solutions to serve the software platform's customer needs and Check also offers nativfe integrations with a growing list of partners including QuickBooks and Plaid.  Launched in early 2021, Check's technology stack fuels embedded innovation for SaaS, workforce management, financial services, and staffing businesses, powering payroll for 250K businesses that serve 4M+ employees in aggregate. AlleyWatch caught up with Check CEO and Cofounder Andrew Brown to learn more about the company's mission to build the next generation of payroll connectivity, the expansion plans, latest round of funding, which brings the total funding raised to $119M, and much, much more...

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