Ciphr announces acquisition of Shape Payroll

We’re thrilled to welcome Alex and Cheri to the Ciphr team. Shape is a cutting-edge, API-first payroll solution that has a great reputation in the payroll sector. Shape’s applications are extensive and well-suited to medium and large-sized organisations, like Ciphr’s customers.

We have great HR solutions, we are HR experts – it’s what we do best – and we have more than 40 years’ experience in the HR and payroll industry. Building out Ciphr’s payroll business is a key focus for us this year, and part of our longer-term growth strategy. And Shape is a perfect fit to take our payroll tech to the next level.

This acquisition will truly enhance our payroll proposition and help us to continue to support and empower the payroll professionals who use, and rely on, Ciphr’s software and solutions.”

Cheri and I founded Shape with a vision to build the most flexible payroll software possible, allowing integration at any level via our Open API and backing that up with an intuitive user interface and fantastic customer support. We’re immensely proud of what we have achieved over the last five years, and it has been a privilege to work with all the fantastic people we have met along the way. The relationships we have built, and the feedback we’ve received from our customers, has been amazing.

We are both extremely excited about Shape becoming part of the Ciphr Group and taking the next step in this journey. With the help of the amazing team at Ciphr, we will be able to take our application to the next level. And being part of the Ciphr brand will enable us to help customers we couldn’t have reached before.”

We’re delighted to welcome Alex, Cheri and the Shape team into Ciphr and therefore the ECI portfolio. It’s another exciting development for Ciphr, further strengthening its payroll proposition to customers. We look forward to working with Sion and the rest of the combined team to continue Ciphr’s organic and acquisitive growth journey.”