Matt Vaadi explains embeddable payroll systems: backend APIs that let construction management and time-keeping platforms add payroll without building the complex infrastructure themselves. The API handles tax filing and money movement while the software vendor builds just the user interface.
All right, so embeddable payroll. So this is an interesting market that's starting to gain a lot of steam. Uh, so embeddable payroll systems are really backend APIs that are made to help vertical software companies to embed payroll directly into their platform. So you think about maybe like a construction management software or a timekeeping system with no payroll module, These companies have created the backend APIs that do the tax filing, the money movement, the backend work of a payroll system so that you as the software provider could just create the frontend or the user interface of a payroll system and not have to build in all that complicated backend, which is what makes payroll system development so complicated.
