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PaySpace is a product brand of the Insight IT Group. The company was established
in 2000 in Johannesburg, South Africa and has grown PaySpace into the leader in
online Payroll and HR solutions.
The four founding entrepreneurs have created a company with a culture of constant
innovation, efficiency, ease of use and friendly professional support. With over
60 years experience in the industry across various types of Payroll and HR environments,
the founders have built a benchmark product that services organisations, regardless
of size, by allowing them doing things more dynamically and more intelligently than
ever before, while giving access to relevant and valuable information at anytime,
anywhere and with significantly less burden than legacy Payroll and HR systems.
In 2008, Netcash Group Holdings acquired a stake in PaySpace, merging a strategic
vision of delivering world class products in the cloud.
PaySpace is a business tool that currently assists hundreds of businesses to grow
and drive their business processes with the complete confidence that they are using
the benchmark of today’s available Payroll and HR management systems.
As a result of our product and technology teams designing and architecting PaySpace
from scratch we were able to take advantage of the following benefits:
- No legacy technology needs to be preserved and worked around -
legacy systems are complex because they rely on technology developed 25 years ago
and therefore require complicated integrations and bolt-on additions to deal with
changing requirements of todays business.
- New technologies, that did not exist when legacy systems were first designed,
can be leveraged. Modern advances such as software-as-a-service, object-oriented
design and relational databases can be used as a foundation to offer better capabilities
with easier interactions for users. Because legacy systems are so dependent on old
technology, it is very difficult for new tools to be effectively utilized.
- PaySpace has been designed to eliminate many of the problems introduced
or mishandled by legacy systems, such as:
- Payroll and HR’s reliance on IT for accurate business data
- The cost and complexity of integrations
- Managing a global workforce
- Responding quickly to changing markets
- Outdated interfaces that are unpleasant to use
PaySpace is a new, improved solution to help businesses operate in the modern era.
One of the group's founding projects was an online payroll and HR solution for domestic
and farm workers namely,
www.uifsolutions.co.za. With the challenge of delivering a solution to the
biggest employment sector in the country we dedicated our effort towards usability
without neglecting flexibility. The result is that we now administer the biggest
privately owned payroll and HR bureau specifically for the domestic employer market.
We are a member of the South African Payroll Association and the Payroll
Authors Group. The Insight IT Group is a level four contributor to BEE and
has 100% procurement recognition.
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