Primo Payroll has emerged as a popular payroll software choice among UK businesses due to its user-friendly interface and range of features. In this guide, we will delve into the pricing structure of Primo Payroll, including its different versions, and provide insights to help you make an informed decision.
Overview of Primo Payroll
Primo Payroll is a cloud-based payroll software designed to simplify payroll processing for businesses of various sizes. It offers a comprehensive suite of features, including automatic tax calculations, real-time reporting, auto-enrolment for pensions, and compliance with HMRC regulations.
Primo Payroll is particularly known for its flexibility, scalability, and support for various payroll complexities, making it suitable for both small businesses and larger enterprises.
Primo Payroll pricing list
| Plan | Base Monthly Fee | Cost Per Payslip | Key Features | Target Audience |
|---|---|---|---|---|
| Essentials | None | £0.65 | Core payroll processing, payslip generation, auto-enrolment for pensions. | Small businesses with basic payroll needs. |
| Standard | £5 | £0.60 | All Essentials features plus RTI submissions, automated tax code updates, support for statutory pay (e.g., sick pay, maternity pay). | Small to medium-sized businesses. |
| Professional | £10 | £0.55 | All Standard features plus multi-company support, custom reporting, integration with accounting software, advanced pension management, dedicated support. | Medium to large businesses with complex payroll requirements. |
| Enterprise | Custom Quote | Custom Quote | All Professional features plus customisable solutions, priority support, enhanced security features. | Large enterprises with extensive payroll needs. |
Primo Payroll pricing tiers
Primo Payroll offers several pricing plans to cater to the diverse needs of businesses. Each plan varies in terms of features and the number of employees it can handle. Here’s a breakdown of the pricing options available:
- Essentials: This is the entry-level plan aimed at small businesses with basic payroll needs. It provides core functionalities such as payroll processing, auto-enrolment, and payslip generation. The Essentials plan is priced per payslip, making it a cost-effective solution for businesses with a smaller workforce. The pricing starts at £0.65 per payslip.
- Standard: The Standard plan is designed for businesses that require more advanced payroll features. In addition to the functionalities available in the Essentials plan, the Standard plan includes features such as RTI submissions, automated tax code updates, and support for statutory pay (e.g., sick pay, maternity pay). The pricing for the Standard plan is typically structured on a monthly subscription basis, with a base fee plus an additional cost per payslip. Prices start from £5 per month plus £0.60 per payslip.
- Professional: The Professional plan is tailored for larger businesses or those with complex payroll needs. It includes all the features of the Standard plan, plus additional functionalities such as multi-company support, custom reporting, integration with accounting software, and advanced pension management. The Professional plan also offers dedicated support services. Pricing for the Professional plan is higher, reflecting the broader range of features, with a base fee starting at £10 per month plus £0.55 per payslip.
- Enterprise: The Enterprise plan is the most comprehensive option, designed for large enterprises with extensive payroll requirements. It includes all the features of the Professional plan, along with customisable solutions, priority support, and enhanced security features. Pricing for the Enterprise plan is tailored to the specific needs of the business, so it requires a custom quote based on the number of employees and the complexity of the payroll operations.
Factors to consider when choosing a Primo Payroll plan
When selecting a Primo Payroll plan, it is important to consider the following factors:
- Number of employees: The pricing of each plan is influenced by the number of employees you need to manage. Smaller businesses may find the Essentials or Standard plans sufficient, while larger organisations might require the Professional or Enterprise plans.
- Complexity of payroll: Businesses with complex payroll needs, such as those with multiple pay rates, bonuses, or commissions, should opt for plans that offer advanced features. The Professional and Enterprise plans provide more sophisticated tools to handle complex payroll scenarios.
- Integration needs: If your business relies on other software for accounting, HR, or time tracking, consider a plan that offers integration capabilities. The Professional and Enterprise plans support integration with popular accounting software, making data management more seamless.
- Support and compliance: Ensuring compliance with HMRC regulations is critical for avoiding penalties. Plans that offer automatic updates and support for tax code changes can save you time and reduce the risk of errors. Additionally, consider the level of customer support provided, as this can be crucial during payroll emergencies.
Conclusion – Primo Payroll pricing review
Primo Payroll offers a range of pricing plans to suit businesses of varying sizes and payroll complexities. From the cost-effective Essentials plan to the fully-featured Enterprise option, there is a plan for every business.
By assessing your payroll needs, number of employees, and budget, you can choose the right Primo Payroll plan to streamline your payroll operations and ensure compliance.
Remember, investing in the right payroll software is not just about managing payments but also about enhancing efficiency, reducing errors, and providing peace of mind.
For more, see our guide to payroll services costs. Or if you’d rather manage your own payroll, check our reviews of the best small business payroll software. Finally, for those on a tighter budget, see free payroll software.
Primo Payroll pricing FAQ
The starting price for Primo Payroll is £0.65 per payslip, available in the Essentials plan. This plan does not have a base monthly fee, making it a cost-effective choice for small businesses.
Primo Payroll’s Standard plan costs £5 per month as a base fee, plus an additional £0.60 per payslip processed. This plan is suitable for small to medium-sized businesses that need more advanced payroll features.
Primo Payroll’s Professional plan has a base monthly fee of £10, with an added cost of £0.55 per payslip. This plan is designed for medium to large businesses with complex payroll needs, offering additional features such as multi-company support and custom reporting.
Primo Payroll Enterprise plan does not have a fixed price; instead, it is tailored to each business’s specific needs. Pricing is based on a custom quote that factors in the number of employees and the complexity of payroll operations. Both the base monthly fee and the cost per payslip are customised for each client.
No, Primo Payroll does not charge a base monthly fee for the Essentials plan. Businesses using this plan only pay £0.65 per payslip, which makes it a budget-friendly option for companies with a smaller workforce.
If you have 100 employees, using Primo Payroll’s Standard plan would cost £5 for the base monthly fee plus £60 for 100 payslips (at £0.60 each), totalling £65 per month.
The difference in per-payslip pricing between Primo Payroll’s Essentials and Professional plans is £0.10. The Essentials plan charges £0.65 per payslip, while the Professional plan charges £0.55 per payslip.
Yes, Primo Payroll can provide a customised pricing plan for large companies under the Enterprise plan. This includes a tailored base monthly fee and per-payslip cost based on specific business needs and payroll complexities.
No additional costs are specifically charged for handling statutory pay in Primo Payroll’s Standard, Professional, or Enterprise plans, as these features are included. The Standard plan, for example, costs £5 per month plus £0.60 per payslip and covers statutory pay requirements.
Primo Payroll pricing is flexible to accommodate businesses with fluctuating payroll needs. For example, the Essentials plan only charges £0.65 per payslip, so businesses pay based on actual payroll processing volume. This pay-as-you-go approach helps manage costs effectively.