The weekly newsletter for forward-thinking finance leaders, especially those who leverage Xero and its ecosystem. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­    ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  
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Your weekly go-to guide to transform your finance function into a strategic powerhouse.

Welcome CFO Techstack Community 👋,

 

Last week, we explored the reporting section of CFO Techstack's State of the Stack 2026 Report, sponsored by Xero.

 

State of the Stack 2026 is the definitive playbook for finance leaders who want to build or optimise their tech stack. This week, we'll be diving deep into another section of State of the Stack: Payroll.

 

If you haven't already, you can download the report here!

FEATURED ARTICLE

State of the Stack: Payroll Deep Dive

As a core operational responsibility of the modern finance function, Payroll is included as a key category within the "Operations" pillar of CFO Techstack's App Map 2.0.

 

Payroll is where finance, compliance and people operations collide, and where regulation changes can create real operational risk.

 

This category covers the apps that automate payroll processing, maintain compliance, and keep payroll data flowing cleanly into Xero.

 

To help identify the best apps, State of the Stack 2026 provides the following:

  • Featured App: The app with the highest number of appearances in our How I Stacked It case study series.
  • Notable Mentions: Other high-performing apps frequently cited by our community.

Featured App: Employment Hero

 

In this Payroll category we’re delighted to recognise Employment Hero as our Featured App, appearing in 10 How I Stacked Its to date.

 

Employment Hero's consistent presence across real finance leader tech stacks is a strong signal of the role they’re playing in helping teams manage compliance, payslips and reporting across regions as they scale, with Xero + Mayday at the core. 

 

Below, Employment Hero shares how they’re enabling finance teams to automate payroll processing and ensure compliance:

 

"As finance and accounting teams navigate an increasingly complex regulatory landscape, Employment Hero remains mission-focused to make employment easier and more valuable for everyone. This is supported by the ongoing partnership between Employment Hero and Xero, as it continues to deliver clarity, confidence, and efficiency. 

 

Our world-first Employment Operating System (EOS), which integrates HR, payroll and more, reduces manual administration, eliminates double-handling and gives finance leaders access to real-time people and payroll data. With seamless syncing between platforms, teams can trust that employee details, pay runs, super contributions and leave records are accurate, compliant and always up to date, freeing them to focus on strategy, not paperwork.

 

This support matters more than ever as we head into 2026. Major reforms, including the introduction of Payday Super from 1 July 2026, will require employers to pay super at the same time as wages, dramatically tightening payroll cycles and cash-flow demands. Combined with new parental-leave protections and evolving HR compliance requirements, businesses need systems that can adapt quickly and simplify complexity.

 

Employment Hero’s all-in-one EOS ensures that HR, payroll and policy compliance work together seamlessly, while Xero’s powerful accounting engine keeps the financial picture clear."

 

We’re also pleased to recognise Pento and Deel as notable mentions, featured in 5 and 2 tech stacks, respectively.

 

Modern finance teams can leverage these Payroll apps to efficiently calculate and process employee pay, taxes and statutory deductions, as well as handle compliance and reporting.

 

This article is an extract from CFO Techstack's State of the Stack 2026.

Read the full report by downloading it here.

COMMUNITY INSIGHTS

🎤 How I stacked it

Byron Cowie, Director of Finance at Elliptic, shares his tech stack.

Elliptic is a blockchain analytics and crypto compliance solution headquartered in London, with presence in the US, Japan, Middle East and Singapore. Elliptic provides the world’s largest blockchain identity dataset, trusted by the world’s leading organisations to trace every transaction through the entire crypto ecosystem to gain a truly holistic view of risk.

BC

Here's what Byron and his team are using:

  1. Xero for Accounting Software: We use Xero for many reasons, but ultimately, its plug-and-play API, extensive marketplace, broad direct bank feed coverage and overall user-friendliness make it adaptable to our ever-changing environment.
  2. Satago for Credit Control: Satago is an excellent tool for automating credit control. It's affordable and easy to set up, delivering value from day one.
  3. Tipalti for OCR & Payments: We recently implemented Tipalti to replace the “classic stack” of Dext, ApprovalMax, and Expensify, which had served us incredibly well for years. Tipalti offers robust, enterprise-grade controls (like global bank detail verification) and payment rails for a seamless order-to-payment cycle.
  4. Stripe for Credit Card Payments: We use Stripe to enable customers to pay with a credit card. I really appreciate how the Xero integration works, with invoices being marked as paid as soon as the customer completes their transaction in Stripe, and the bank reconciliation being automatically suggested.
  5. Hubspot for CRM: We’ve recently integrated HubSpot with Xero’s upgraded API connector to flow information from Xero into HubSpot. This allows our customer and sales teams to see which invoices are outstanding, helping with payment follow-ups.
  6. Mayday for Intercompany: With the growing number of multi-currency intercompany accounts and transactions, transitioning from a manual process to an automated tool became essential. Mayday not only saves time by pinpointing missed transactions, but it also goes a step further by providing the foreign exchange entries monthly to balance these at a consolidation level.
  7. Syft for Reporting & Consolidation: Undoubtedly, the biggest change I made to our tech stack was implementing Syft to automate our management accounts consolidation tool. Syft transformed a well-designed but manual spreadsheet that took hours to compile into a simple click-of-a-button solution for management accounts.
  8. Payfit & Telleroo for Payroll: With most of our employees based in the UK, Payfit is an excellent tool as it integrates with our HRIS software (Bamboo) to automatically update payroll for the majority of the monthly changes. Telleroo is a handy add-on that integrates with Payfit once payroll is processed, pushing all individual employee payments and bank details into a payment batch for release by the payroll reviewer.
  9. Brex for Virtual Cards: Brex’s virtual credit card service helps our employees travel, run events, and pay for minor goods and services on the go in real time. The direct integration with Xero ensures that all expenses are pushed into Xero and automatically reconciled with the bank feed.

 

Keen to share how you stack it? Email: emily.lockyer@getmayday.com

    UPCOMING EVENTS

    🎉 Special Announcement

    Today, Mayday announced its acquisition of Easy Month End!

    698db644fd6c8aa49915b8b3_EME Blog header - 1200 × 400 px

    The acquisition brings together Easy Month End’s structured month-end close and reconciliation workflows with Mayday’s automation of complex accounting operations, enabling finance teams to run a faster, more controlled month end, from preparation through to posting.

     

    Read more in the announcement blog here.

     

    Don't miss the live webinar to dive deeper into the acquisition and find out:

    • How Mayday and Easy Month End work together today
    • What deeper integration unlocks over the coming months
    • The vision for a truly end-to-end month-end platform

    📅 APAC: Thurs 26th Feb, 9am AEDT / APAC Registration

    📅 UK: Thurs 26th Feb, 12.30pm GMT / UK Registration 

    THE STACK EXCHANGE

    🧵 This week's top threads, from The Stack Exchange

     
    The Stack Exchange is a Slack forum for connecting with peers, sharing insights, and staying updated on apps and industry events, helping you transform your finance function into a strategic powerhouse.
     
    Here are this week's top 3 discussions from The Stack Exchange:
    1. Relocating from UK to Spain - legal, tax and payroll considerations.
    2. Recommendations for managing ARR / rev rec / invoicing.
    3. Automating cash reconciliation and out to debtor management.
    Keen to join? Sign up here >

    NEW IN THE WORLD OF CFO SOFTWARE

    🗞️ News from the stack-o-sphere

    • Mayday announces acquisition of Easy Month End. Learn more.
    • ApprovalMax releases ApprovalMax Pay Wallets. Learn more.
    • Brex announces AI-native Hanover Park integration. Learn more.

    WHAT THE DATA SAYS

    📊 Stat of the week

     

    "In the next five years, 69% of CFOs expect greater emphasis on data analytics and 55% see finance becoming more of a strategic business partner."

     

    Research by Cherry Bekaert

    MORE OF THE GOOD STUFF

    And lastly, our top picks!

     

    🎧 Podcast: "The Blind Spot Dilemma.The Intersection of Psychology and Leadership with Marty Dubin." HR Mixtape, Paylocity.

    📝 Article: "What messy finance stacks signal to investors – and how to fix them." Sifted.

    😆 Joke: CFOs don’t dislike surprises. They just prefer them pre-approved.

     

    Why not forward this newsletter to someone you think would enjoy it?

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