PaySauce Launches Free Solution to Support NZ Businesses

PaySauce Launches Free Solution to  
Support NZ Businesses with Support  
from ASB  
 
Wellington, New Zealand - 16 April 2020  
 
Employment solutions provider PaySauce (NZX: PYS) announces the launch of  
PaySimple, a streamlined version of PaySauce payroll software. This product will  
be free to Kiwi employers until June 30, to support businesses in need of a  
cloud-based solution in the wake of COVID-19. While running on the same system  
as PaySauce, PaySimple does not automate banking transactions or Inland  
Revenue filing, and support will be offered by accountants and bookkeepers.   
 
PaySimple has been developed in response to the impact of COVID-19 on  
employers, as businesses urgently seek cloud solutions in order to keep  
functioning remotely. PaySauce has worked closely with partners in the small  
business advisory space to rapidly develop, test and deploy a product that can  
address this demand and provide a high standard of customer support. The  
service will be widely launched today, with support from ASB in reaching small  
business owners.  
 
As a SaaS provider, PaySauce is well-positioned to support other businesses.  
Demand for cloud payroll services has been boosted by the broad introduction of  
remote working, with features such as mobile timesheets required to replace  
paper-based or location-specific systems. The current health crisis is proving to  
be a catalyst to move employers on desktop and manual systems to the security  
and flexibility of the cloud. PaySauce is also largely insulated from reductions in  
existing customer numbers, with a customer base dominated by agricultural and  
rural businesses. This industry is expected to remain relatively unaffected due to  
the essential resources it provides.  
 
CEO Asantha Wijeyeratne is currently taking advantage of cloud technology to  
perform his role while under lockdown in Colombo, Sri Lanka. “Our team is  
accustomed to using cloud communications to stay connected, and we’ve been  
able to keep working at full capacity to help our customers deal with the rapidly  
changing employment environment. The resilience of our business has given us  
the ability to support them, and we’re really proud to be able to offer PaySimple  
when it’s needed most.” Wijeyeratne said the company’s recent rights issue had  
established a strong financial position. “We’re very confident about our financial  

outlook, but we’re also taking steps to preserve capital and grow sustainably in  
these uncertain times.”  
 
 
 
ENDS  
 
 
 
ABOUT PAYSAUCE  
 
PaySauce is software at work for people, providing employment solutions to small  
and medium-sized businesses. PaySauce enables business owners to pay and  
manage employees accurately and efficiently using the web, iOS, and Android  
applications. The PaySauce platform includes mobile timesheets, payroll  
calculations, banking integration, PAYE filing, labour costing, automated general  
ledger entries and digital employment contracts.  
www.paysauce.com  
 
CONTACT  
Please direct any queries to partner@paysauce.com