Industry sector classification system that enables companies to identify their primary business category during onboarding and manage this information through their settings, providing valuable market data.
For Paycircle users who need to be properly categorised within our system, the Industry Sector Management feature is a comprehensive classification system that captures their primary business sector using standardised UK SIC 2007 categories. Unlike having no industry classification data, our solution enables improved market analysis, and better customer understanding for strategic decision-making.
Key Features Delivered
Companies can now select their primary industry sector during the onboarding process. For details on how this works, see the steps below.
Standardised dropdown with 21 UK SIC 2007 industry categories (A-U).
Optional field that doesn't block company creation if left unselected.
Dynamic descriptions are displayed when sectors are selected.
Examples include: "Agriculture, Forestry and Fishing", "Mining and Quarrying", etc.
The company creation wizard demonstrates this functionality through the Primary Industry Sector dropdown, showing the selection process with accompanying descriptive text that explains each sector's scope to users.
User Experience Improvements
Streamlined Classification Process
Industry sector selection provides immediate business context.
Dynamic descriptions help users make informed sector choices.
Optional nature maintains smooth onboarding flow.
Standardised categories ensure data consistency.
Seamless Settings Integration
Unified experience between company creation and settings.
Clear permission-based access controls.
Intuitive dropdown interface with helpful descriptions.
Consistent styling across all touchpoints.
Technical Implementation
Data Standards & Validation
UK SIC 2007 compliance with all 21 main industry categories.
Standardised dropdown implementation across creation and settings.
Optional field logic that doesn't block form submissions.
Dynamic description rendering for user guidance.
Permission Controls
Visibility tied to "Create Company" permission.
Consistent access controls between creation and settings flows.
Proper form integration within existing basic information structure.
Database Design
Industry sector stored against company profiles.
Support for future expansion to additional classification systems.
Clean data structure for reporting and analysis purposes.
Business Value Delivered
For Paycircle
Market Intelligence: Clear visibility into client industry distribution.
Targeted Features: Ability to roll out industry-specific functionality.
Strategic Planning: Data-driven insights for product roadmap decisions.
Customer Segmentation: Enhanced understanding of client base composition.
For Customers
Better Categorisation: Proper business classification within the system.
Relevant Features: Future potential for industry-specific tools and content.
Improved Support: Context for customer service interactions.
Professional Setup: Complete business profile information.
Industry Categories Supported
The system supports all 21 UK SIC 2007 main industry sections:
Agriculture, Forestry and Fishing
Mining and Quarrying
Manufacturing
Electricity, Gas, Steam and Air Conditioning Supply
Water Supply, Sewerage, Waste Management and Remediation Activities
Construction
Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles
Transportation and Storage
Accommodation and Food Service Activities
Information and Communication
Financial and Insurance Activities
Real Estate Activities
Professional, Scientific and Technical Activities
Administrative and Support Service Activities
Public Administration and Defence; Compulsory Social Security
Education
Human Health and Social Work Activities
Arts, Entertainment and Recreation
Other Service Activities
Activities of Households as Employers
Activities of Extraterritorial Organisations and Bodies
Next Steps
This industry sector classification foundation enables:
Advanced customer segmentation and analysis.
Industry-specific feature development and targeting.
Enhanced market research and business intelligence.
Future expansion to more granular classification systems.
The Industry Sector Management feature provides essential business context that will support more personalised customer experiences and data-driven strategic decisions across the Access platform.
This feature can be enabled with the company settings.