PaySauce succeeding in dairy sector

Tue, 11 Oct 2022

Listed payroll software provider PaySauce said half of all employing dairy farms in New Zealand now use its system.That achievement was reached in the three months to September, which it said was earlier than anticipated.In an announcement to the market this morning, the company provided a quarterly update, saying recurring revenue was up 74% at $1.36 million year-on-year, with processing-fee revenue jumping 50% to $1.12m year-on-year.Chief executive Asantha Wijeyeratne said market penetration of that magnitude had come as a result of strong re...

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