Payescape Ltd is creating 23 new jobs in Ballymoney, as part of an aggressive strategy to expand its market presence across the UK.
Invest Northern Ireland is supporting the company as it implements a structured sales drive to secure new customers and invests in new technologies to boost its competitive position.
Announcing the investment, Invest NI Chief Executive Alastair Hamilton said: “This growth project is the second phase in a sizeable investment by Payescape designed to increase its market share in the UK payroll services industry.
“The 23 new jobs, to be recruited over the next three years, will generate over £433,000 annually in additional salaries to the local economy. Invest NI’s offer of £149,500 is enabling Payescape to fully implement its business development plans to maximise the sales opportunities it has identified outside Northern Ireland.”
Payescape provides outsourced payroll services to small and medium sized enterprises. It offers an online service where Payescape manages all aspects of its customer’s payroll including the intricacies of payroll legislation, current UK tax requirements and PAYE.
Payescape’s Managing Director, John Borland said: “We are pleased with our progress since the initial investment in 2013 and are now focused on implementing a five year development strategy that will help us achieve our growth objectives.
“With enhanced sales resources and aggressive marketing plans, we are targeting the mid-tier payroll market in Great Britain and are investing heavily in promotional activities to improve our web presence and awareness of the Payescape brand.
“Upgrading our technology and boosting our sales team will ensure we can continue to offer customers a flexible user-friendly interface supported by an efficient processing software and quality service by experienced payroll qualified staff.”