SD Worx’s payroll services are now available to small and medium-sized enterprises across all industries.
Operating from its base in Wicklow, SD Worx Ireland is investing €3m to expand its payroll offering for Irish SMEs after historically serving medium and large businesses.
The investment will span five years across technology, services, and people within SD Worx Ireland. During this timeframe, the company forecasts that 20% of its business will stem from SMEs and expects revenue growth from the SME sector of 60% per year.
“SMEs can often be stretched in terms of resources and this enhanced service will provide peace of mind for those who seek the reliability we offer by never missing a pay date or Revenue submission”
Driving the demand for the service among SMEs in Ireland are new reporting regulations, such as gender pay gap reporting.
Keeping pace with change
This requires increased payroll visibility and accuracy and applies to SMEs with over 150 employees for the first time this year, and those with more than 50 employees in 2025. Meanwhile, legislation relating to statutory sick pay and upcoming auto-enrolment for pensions brings additional administration, meaning smaller businesses may not have the necessary internal resources to keep pace with the rate of change.
In addition to these challenges, according to SD Worx’s Payroll Proficiency in Ireland report, the movement of personnel within organisations, such as joiners or leavers, is making payroll handling more difficult for a quarter (25%) of businesses in Ireland. Meanwhile, the administration of employee presence and absence (cited by 56%) was ranked as the process that complicates payroll the most. Data collection and access to, or integration of, data sources was also signalled as a challenge by 51% of organisations.
Earlier this year the business revealed plans to create 40 new jobs, growing its team to 115 as part of a €2.9m investment in its workforce.
The company has been operating in Ireland for almost 30 years, previously as Intelligo until it was acquired by SD Worx in 2022.
“We have scaled up our own capabilities so that businesses who may lack the necessary internal resources can keep pace with evolving payroll trends and requirements,” said Eimear Byrne, country lead at SD Worx Ireland.
“SD Worx aims to empower SMEs to focus on their core business activities while leaving the complexities of payroll management to trusted professionals. Our new offering means that amid intense competition for top talent, increasing regulations and rising costs, SMEs can continue to grow and thrive with on-hand payroll support and cost certainty.
“SMEs can often be stretched in terms of resources and this enhanced service will provide peace of mind for those who seek the reliability we offer by never missing a pay date or Revenue submission. The service will also guarantee that SMEs are compliant with regulations and effectively safeguarding confidential company and employee data. We are looking forward to working closely with organisations in the SME space to drive value and underpin their continued success.”
Main image at top: Eimear Byrne, country lead at SD Worx Ireland
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