Holvi Blog for Makers and Doers

Holvi introduces salary payments as part of the service

How to use Holvi, Holvi news, For Holvi entrepreneurs · 07/09/17 07:59 · Arttu Talvitie


As your company grows, you’ll rightfully feel proud -- but expansion also brings added complexity. One of the biggest challenges for small and medium companies is the hiring of new employees. Not only is the recruitment process a hassle, there is also plenty of bureaucracy to go around when you have an employee. Especially when you pay salaries: you need to calculate salary and deductions for payroll, file reports to the tax authorities, make insurance payments and all that. Now Holvi has new ways to help out: introducing our new payroll tool! (disclaimer, the functionality is only available in Finland for now)

Holvi’s philosophy is that small business owners can more easily handle their financial management in one service  so they have time to concentrate on the things that really matter. Our tools have included invoicing and receipts management for paperless bookkeeping, but now you can also pay salaries with just a few clicks:

  1. The salary payment calculator easily shows how much should be paid to both the employee and as emploeyer contributions. 
  2. With just a few clicks and a single payment, the salaries and employee contributions will be paid on the right day.
  3. All the needed reports are sent to the employee and filed to tax authorities automatically.
  4. The employer gets reports for bookkeeping purposes. 

Now there is no need to outsource your salary payments, you can literally do it yourself in just a few minutes. This flexibility could even allow small business owners to hire part-time or project workers more easily. 

This tool is currently available only in Finland. You can read more from our Help Centre. (sorry, only in Finnish)

Read next

Top 10 frequently asked questions about Holvi

Holvi top 10 frequently asked questions

Entrepreneurship, How to use Holvi, Tips for small businesses | 17/02/20 15:18

Sole traders take note – Holvi is the new player in town (town being the whole of the UK in this case). Headquartered in Helsinki, Finland, Holvi offers a new alternative to traditional ways of ...

Read more

How to keep your Holvi account safe


How to use Holvi, For Holvi entrepreneurs | 02/12/19 10:23

The security of your account is our top priority. We do our best to keep your money and your data safe, but you too can affect the security of your account – in both positive and negative ways. Here, ...

Read more

New EU directive aims to reduce the risk of account misuse, says lawyer


Entrepreneurship, How to use Holvi, For Holvi entrepreneurs | 09/10/19 07:47

The EU’s payment service directive sets new security standards. But what does this mean for Holvi users?

Read more

Always curious? Sign up to Holvi’s blog for makers and doers.

The next generation of business banking

Holvi is a business account designed and built for entrepreneurs by entrepreneurs. Holvi account has everything your business needs, in one easy to use solution. 

  • Business current account 
  • Holvi Business Mastercard
  • Easier invoicing
  • Paperless bookkeeping

Open account