Tech start-up develops integrated payroll function with £250,000 funding

Cloud-based HR tech platform, Natural HR has developed a fully integrated payroll function with investment from Birmingham-based venture capital firm Midven.

Established by Jason and Sarah Dowzell, Natural HR has seen significant growth since 2013, when the platform went from being a hobby to a full-blown business.

The demand in the market for a fully integrated payroll function, and a surge in popularity of cloud storage has seen the company expand over the past year and now employs 20 staff.

“Increasingly HR is becoming responsible for managing payroll rather than finance and ensuring details are not only accurately provided when an employee joins but accurately maintained when circumstances shift during their time as an employee,” said Sarah Dowzell, co-founder and chief operating officer of Natural HR.

“Many organisations face the challenge of running these two systems in isolation, which causes risk and complexity. It is clear that eliminating the risk of payroll related mishaps, as well as having a central system on which data can be added, edited and managed – and one system that speaks to all departments involved – was very much in demand.”

Being fully integrated means there are no new interfaces for employees to learn as Dowzell said she understood not all HR professionals were “finance trained”.