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My Digital announces the sale of My Digital Timesheets

My Digital, a leading provider of cloud-based payroll software, is pleased to announce the successful sale of its timesheets processing product ‘My Digital Timesheets’ to Sapphire Accounting. This strategic sale aligns with My Digital’s vision to focus on the payroll market and solidify its position as the leading payroll software provider in the UK. By reallocating internal resources from My Digital Timesheets, the company will be able to concentrate on exciting new developments in the payroll sector, such as AI solutions and enhanced user experience.

Originally launched in 2019, My Digital Timesheets has established itself as a robust solution for the recruitment industry. The decision to sell this product underscores My Digital’s commitment to driving innovation and excellence in payroll software.

Daniel Moss, COO of My Digital, commented: “We are delighted with this sale, as it enables us to fully focus on our ambitious plans within the payroll market. This shift allows us to dedicate our sales and development teams to initiatives that are core to our vision. There are many exciting developments on the horizon for My Digital in the payroll industry, and I’m thrilled that our teams will now have increased capacity to support these efforts.”

About My Digital

My Digital offers a cloud-based software suite encompassing payroll solutions, tailored specifically for umbrella companies and accountancy practices within the temporary workforce sector. The platform is renowned for its rich functionality, seamless integrations, robust security, and scalability, enabling rapid and compliant payroll processing. Over the past nine years, My Digital has become the preferred software solution in the umbrella payroll space, enhancing all aspects of payroll operations while reducing operational costs.

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My Digital Accounts Ltd is a registered company (company registration number 09514480) and acts as an agent of GoCardless Ltd. GoCardless Ltd (company registration number 07495895) is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017, registration number 597190, for the provision of payment services, including account information services.

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