Payroll

Pay the company as carefully as you pay a vendor.

Lenz keeps the people, the pay, and the destination in one directory. A payroll run is prepared with tax and statutory deductions, then authorized through the same policy that governs every other payment.

Payroll · September

Next run Friday · awaiting authorization

Active people
14
Monthly net
₦8.2M
Employer cost
₦9.1M
  • Adaora Okeke

    Founder · Leadership

    ₦1,840,000

  • Chidi Nwosu

    CFO · Finance

    ₦1,210,000

  • Funke Adeyemi

    Finance manager

    ₦640,000

PAYE, pension, and NHF calculated on the run.

Operating account is funded. Policy still requires founder authorization before anything leaves.

Authorize payroll →

The directory

Name, pay, and where the money goes. Nothing more.

Add a person with enough to run payroll and forecast the obligation. Compensation stays visible to finance roles. Offboarding stops the next run without rewriting the last one.

A founder reviewing who is on the payroll from the studio.

A prepared run

See the cost to the company before anyone is paid.

Gross, net, PAYE, pension, NHF, and the employer contribution sit on the run. The operating account is reserved. Nothing leaves until the named approver authorizes it.

  1. 01

    Confirm who is payable this cycle

  2. 02

    Calculate PAYE, pension, and NHF on each line

  3. 03

    Show monthly net, employer cost, and cash impact

  4. 04

    Reserve the operating account

  5. 05

    Route through company policy and named approval

  6. 06

    Pay destinations already on the directory

  7. 07

    Leave an auditable run — prepared is not paid

Inside the bank

Payroll is a payment, not a sidecar.

The same beneficiary checks, policy thresholds, and settlement states apply. Ask Lenz can prepare a run. Attention surfaces a shortfall before Friday. The forecast already knows the obligation.

Lenz prepares the run and the statutory split. You authorize every payout.

Put payroll on the same books as the rest of the company.

Open a free workspace and experience a clearer way to understand, manage, and move company money.

It costs nothing to try. Banking activation is subject to company verification and partner approval.