How this fast-growing New Zealand lender saves $1k a month on payroll admin with Employment Hero
4+ hours
saved monthly for the finance team on payroll
$1000
saved per month on payroll alone
2
hours saved in onboarding
with each new hire
Company
Finbase
Industry
Business Services
Employees
25
Location
Auckland, New Zealand
Favourite Features
About the Business
Finbase is a fast-growing investment manager and non-bank lender. In under two years, it’s grown from two founders to 25 employees and is now building the infrastructure to power its next phase of expansion.
The Challenge
As Finbase scaled, the payroll system they were previously using became a bottleneck.
“It was only ever an interim solution,” says CFO Mike Ellis. “We needed automation, compliance, and a solid HR framework to support rapid growth.”
The Solution
When Finbase implemented Employment Hero, they transformed their manual processes into a fully automated, end-to-end people management system. The platform delivers payroll accuracy, integrated reporting for budgeting, streamlined onboarding, and a structured approach to employee growth and performance.
The ROI
- 4+ hours saved monthly for the finance team on payroll administration
- 1000 NZD saved per month on payroll alone
- 2+ hours saved per new hire on onboarding and documentation.
- 1500 NZD saved per month on onboarding
Why It Matters
Employment Hero has given Finbase the structure, control, and confidence to scale sustainably.
“It’s streamlined our payroll, strengthened compliance, and freed up time to focus on growth,” says Mike. “As we expand, those efficiencies will only multiply.”
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