Paris-based Rivage has announced the closing of a โ‚ฌ2.6 million pre-seed funding round. The goal is to accelerate the rollout of its payroll software across accounting firms.

A market dominated by legacy systems

In France, more than half of employees rely on accounting firms or outsourcing providers for payroll and social security declarations. This makes payroll software a crucial element in a market still heavily dependent on legacy systems, often not aligned with the ongoing digital transformation.

Rivage's solution

Rivage is developing an open, interoperable software platform designed to increase the productivity of payroll managers and transform payroll data into a tool for broader HR advisory services. The solution is already being deployed across eight partner firms.

Funding objectives

The funding will be used to continue the development of the platform, improving the efficiency and reliability of each stage of the payroll cycle, including HRIS integrations, simplified advanced configuration, and enhanced auditability of payroll and DSN calculations. Another priority is the expansion of collective agreement coverage supported by the platform by the end of the year.