HR and payroll software for financial services
MHR’s HR and payroll solutions help financial services firms manage complex regulatory, compliance and payroll requirements while attracting, retaining and developing skilled people.
Gain clearer workforce insight and greater control, so you can improve efficiency and build a high-performing workforce.
Who we support
Accountancy firms
The accountancy sector faces challenges like recruiting and retaining qualified accountants, managing professional accreditations, flexible working, and complex payroll. Our HR and payroll software empowers your people, modernises processes and helps you deliver the best experience for your clients.
Personal and commercial banks
The banking, finance, and insurance sector requires the retention of specialist talent and the management of large workforces, hybrid working and regulatory training. Our solutions empower your workforce, support consistent transformation and help to maintain clear compliance.
Insurance firms
In insurance, actuarial and underwriting skills shortages, managing distributed teams, regulatory competence and complex pay structures are familiar challenges across the industry. Our HR and payroll solutions help you streamline processes, manage compliance complexity, and deliver measurable value to your firm.
Building societies
Lean HR teams, regional workforces, modernising legacy systems and maintaining a strong member-focused culture can often cause challenges for building societies. Our solutions help you improve processes, manage diverse workforces, and provide a great customer experience.
Investment banks
Investment banking demands a high-performance culture along with complex remuneration, global payroll, succession planning and compliance oversight. With MHR, you can effectively manage employee performance and organisational structure while maintaining regulatory compliance and focusing on delivering results for your clients.
Asset and wealth management firms
In asset and wealth management firms, retaining scarce investment talent, managing bonuses and incentives, skills development and workforce planning are all critical to delivering a great client experience. Our integrated HR and payroll solutions support you in managing talent, skills and complex payroll structures.
10+ industry accreditations
75,000+ financial services employees served
40+ years in business
Everything financial service providers need in one platform
Efficient compliance
Meet demanding regulatory requirements with a unified HR and payroll platform that keeps accurate, transparent and audit-ready records. Maintain a complete history of workforce and payroll activity, giving you the evidence and oversight needed for confident compliance.
Reduce the admin burden
Streamline your people processes with one connected HR and payroll solution. Keep workforce information in a single place, reduce manual administration and give your teams more time to concentrate on delivering an exceptional client experience.
Effective workforce transformation
Financial firms are under increasing pressure to transform the workplace through technology and innovation, but many lack the necessary infrastructure. We provide the tools to empower efficient workforce transformation and future readiness.
Attract and retain specialist talent
Helping people reach their full potential strengthens retention and supports sustainable growth. Our HR technology gives organisations the tools to develop, engage and enable their workforce, building a more capable, adaptable business for the future.
Manage complex payroll
Deliver reliable payroll outcomes with technology built for precision, regulatory confidence and operational speed. We combine intelligent automation with a real-time payroll engine to manage intricate pay requirements across changing workforces, so every employee receives the right payment when they expect it.
Improve workforce visibility
Bring your people, hours and performance data together in one connected workforce platform. Reduce administrative effort, control staffing expenditure and turn actionable insights into smarter decisions across your organisation.
FAQs
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It is a connected platform that helps banks, insurers, accountancy firms, asset managers and other financial organisations manage employee data, payroll, compliance, time, attendance and workforce processes in one place.
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HR in financial services plays a significant role in attracting and retaining skilled employees, managing performance, supporting compliance and maintaining accurate workforce records. With financial services organisations operating in highly regulated environments, effective HR processes can also help businesses establish clear policies, responsibilities and audit trails.
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HR software for accountants can help accountancy practices manage employee records, holidays, absence, recruitment, onboarding, performance and other HR processes more efficiently. Centralising this information can reduce manual administration and give firms better visibility of their workforce as they grow.
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It creates consistent processes, maintains accurate employee records and provides clear audit trails. This helps organisations evidence training, approvals, pay decisions and other people-related controls.