10 actions to ensure you have auto enrolment covered.
Simple payroll tools will allow bureaus to streamline and automate AE tasks. Choose an advanced AE solution - simple solution to a complex process.
For more information vist https://www.brightpay.co.uk
Complete this list to simplify the AE process. These practical steps will ensure AE will be a smooth and profitable process.
For more information see www.brightpay.co.uk
ESOLPK offers Enterprise Solution Services, Microsoft Dynamics ERP and business solutions, Microsoft Dynamics GP, Microsoft SharePoint and Microsoft Dynamics CRM.
JSM Central Government Payroll Software as per VI and VII Pay Commission Pres...JSM Technologies Pvt. Ltd
JSM Central Government Payroll Software is for organizations in India meeting VI and VII Pay Commission requirements. It is the Pay Bill Software for all Central Government organizations. JSM CG Payroll Software enable the Pay and Accounts Office to process payroll, generate Pay Bill, Schedules of all deductions, Loans and Advances, Income tax, all Statutory deductions - including TDS, CGHS, CGEIS, etc.
All 6th & 7th Pay Commission rules can be defined in a very powerful Policies Module.
All Central Government Reports as required by Central Government Companies in India.
Masters driven software. Policy Driven Software. Very high flexibility
Can handle all kinds of Employees - NPS, GPF as well as CPF
Can handle all Groups of Employees - Class A, B, C etc
Can handle both Gazetted Officers as well as Non Gazetted Employees
Can handle all kinds of Benefits including LIC, GSLI, PLI, Government Accommodation or/and Transport etc.
Parent JSM Payroll Software - Proven Product with over 17 years of research
Domain knowledge gathered from leading industry experts and leading Central Government Organizations
Successfully running at multiple locations all over India
100 % Customizable to meet your specific needs
Windows based Payroll Software with Web Based features for all employees
Completely integrated with JSM HR Software and JSM ESS Software Scalable
Can handle perks calculation for employees who are availing Govt. Accommodation.
Solving Payroll Problems With The New Employee Management System- Business.c...Business.com
For a more robust employee management system through your payroll services providers, you may choose to add benefits management, 401(k) management, or other enhancements to the basic payroll processing service. Here are some common HR obstacles and ways in which payroll services can mitigate these challenges.
“ESOP Guardian” :A comprehensive solution for all ESOP related needs of any Company. Specifically designed to take care of all ESOP Management in company - be it Listed or Unlisted.
As the name suggests, it is a Guardian of the Company’s ESOP Scheme(s) and Employees availing the same.
Complete this list to simplify the AE process. These practical steps will ensure AE will be a smooth and profitable process.
For more information see www.brightpay.co.uk
ESOLPK offers Enterprise Solution Services, Microsoft Dynamics ERP and business solutions, Microsoft Dynamics GP, Microsoft SharePoint and Microsoft Dynamics CRM.
JSM Central Government Payroll Software as per VI and VII Pay Commission Pres...JSM Technologies Pvt. Ltd
JSM Central Government Payroll Software is for organizations in India meeting VI and VII Pay Commission requirements. It is the Pay Bill Software for all Central Government organizations. JSM CG Payroll Software enable the Pay and Accounts Office to process payroll, generate Pay Bill, Schedules of all deductions, Loans and Advances, Income tax, all Statutory deductions - including TDS, CGHS, CGEIS, etc.
All 6th & 7th Pay Commission rules can be defined in a very powerful Policies Module.
All Central Government Reports as required by Central Government Companies in India.
Masters driven software. Policy Driven Software. Very high flexibility
Can handle all kinds of Employees - NPS, GPF as well as CPF
Can handle all Groups of Employees - Class A, B, C etc
Can handle both Gazetted Officers as well as Non Gazetted Employees
Can handle all kinds of Benefits including LIC, GSLI, PLI, Government Accommodation or/and Transport etc.
Parent JSM Payroll Software - Proven Product with over 17 years of research
Domain knowledge gathered from leading industry experts and leading Central Government Organizations
Successfully running at multiple locations all over India
100 % Customizable to meet your specific needs
Windows based Payroll Software with Web Based features for all employees
Completely integrated with JSM HR Software and JSM ESS Software Scalable
Can handle perks calculation for employees who are availing Govt. Accommodation.
Solving Payroll Problems With The New Employee Management System- Business.c...Business.com
For a more robust employee management system through your payroll services providers, you may choose to add benefits management, 401(k) management, or other enhancements to the basic payroll processing service. Here are some common HR obstacles and ways in which payroll services can mitigate these challenges.
“ESOP Guardian” :A comprehensive solution for all ESOP related needs of any Company. Specifically designed to take care of all ESOP Management in company - be it Listed or Unlisted.
As the name suggests, it is a Guardian of the Company’s ESOP Scheme(s) and Employees availing the same.
Learn how to increase efficiency in your business by using e-payslips, P60s and P11Ds - whilst ensuring you stay the right side of the law - with Carval’s free e-book.
Here's what you will learn:
What the business & environmental case for change is
What the alternatives to sending out paper payslips are
What your legal obligations as an employer are
What to do about employees who don't have computer access
What the pros and cons are
To improve efficiency of company’s administration.
To store up-to-date information of the employees.
To make the employees understand the rules of the company.
To reduce extra cost for the security of the database
For more information visit https://www.brightpay.co.uk
Do your clients know about the upcoming increases in minimum pension contributions? Payroll bureaus will need to make sure that their clients understand these changes. Phasing will apply to all employers who have employees enrolled into a workplace pension scheme.
On the 6th April 2018, employers are required to increase the total contributions into their employee’s pension pot from 2% to 5%. Employers will contribute 2% with the employee minimum rate increasing to 3%. Minimum contributions will undergo a further increase next year on the 6th April 2019, with the total minimum contribution increasing from 5% to 8%, representing a 3% employer and 5% employee contributions.
This webinar will take you through what's involved with the latest increases in contributions and a look at how new employers will handle their auto enrolment duties.
Our agenda includes:
Are you ready for the forthcoming contribution increases?
How to support your clients and their employees with the changes
Your ongoing duties
Helping your new employer’s clients get to grips with AE
How BrightPay will handle these changes
A quick peek at BrightPay Connect
This is an alternate solution to the Employee and Manager Self Services portal by ITChamps. This product is available both as an on-premise solution as well as on Cloud.
It has a built-in User Management Engine (UME), a Workflow Engine and a synchronization module, which connects with the iEmpPower™ Add-on, installed in SAP ECC system. The whole integration is seamless to the user and gives an enhanced experience to the end users while saving huge amount of money to the customers in terms of licenses.
The best part of iEmpPower™ solution is that the system works in tandem with SAP as well as can work as a standalone system without SAP at the back-end. Connectors can also be built in future to any other back-end system, which the customer may already have. It can also be extended as a vendor portal and customer portal in future.
iEmpPower™ focuses on Self Services for Employee & Managers and also the primary activities of a Human Resource Administrator (HR Admin).
Learn how to increase efficiency in your business by using e-payslips, P60s and P11Ds - whilst ensuring you stay the right side of the law - with Carval’s free e-book.
Here's what you will learn:
What the business & environmental case for change is
What the alternatives to sending out paper payslips are
What your legal obligations as an employer are
What to do about employees who don't have computer access
What the pros and cons are
To improve efficiency of company’s administration.
To store up-to-date information of the employees.
To make the employees understand the rules of the company.
To reduce extra cost for the security of the database
For more information visit https://www.brightpay.co.uk
Do your clients know about the upcoming increases in minimum pension contributions? Payroll bureaus will need to make sure that their clients understand these changes. Phasing will apply to all employers who have employees enrolled into a workplace pension scheme.
On the 6th April 2018, employers are required to increase the total contributions into their employee’s pension pot from 2% to 5%. Employers will contribute 2% with the employee minimum rate increasing to 3%. Minimum contributions will undergo a further increase next year on the 6th April 2019, with the total minimum contribution increasing from 5% to 8%, representing a 3% employer and 5% employee contributions.
This webinar will take you through what's involved with the latest increases in contributions and a look at how new employers will handle their auto enrolment duties.
Our agenda includes:
Are you ready for the forthcoming contribution increases?
How to support your clients and their employees with the changes
Your ongoing duties
Helping your new employer’s clients get to grips with AE
How BrightPay will handle these changes
A quick peek at BrightPay Connect
This is an alternate solution to the Employee and Manager Self Services portal by ITChamps. This product is available both as an on-premise solution as well as on Cloud.
It has a built-in User Management Engine (UME), a Workflow Engine and a synchronization module, which connects with the iEmpPower™ Add-on, installed in SAP ECC system. The whole integration is seamless to the user and gives an enhanced experience to the end users while saving huge amount of money to the customers in terms of licenses.
The best part of iEmpPower™ solution is that the system works in tandem with SAP as well as can work as a standalone system without SAP at the back-end. Connectors can also be built in future to any other back-end system, which the customer may already have. It can also be extended as a vendor portal and customer portal in future.
iEmpPower™ focuses on Self Services for Employee & Managers and also the primary activities of a Human Resource Administrator (HR Admin).
Auto Enrolment - Are your clients Ready - BrightPay
How to Price so you can earn more and work less - Steve Pipe
For more information visit www.brightpay.co.uk.
https://www.brightpay.co.uk -
Employer duties under Auto Enrolment for Payroll Bureaus
Webinar 2 - BrightPay's Auto Enrolment Webinar Series
According to the Pensions Regulator, 78% of small businesses will look to their bookkeeper, accountant, payroll bureau or advisor for advice and counsel. Discover how you can benefit financially by offering Auto Enrolment as a service. With a combined Payroll and Auto enrolment solution in place, you will benefit from greater efficiency, increased value and improved cost savings. Find out how and why Auto Enrolment should be a chargeable service.
Top 10 key features of payroll software for startups!.pdfleenadavis3
Many SME business owners postpone the implementation of payroll and HR software till
they come to a certain size. They think that manual payroll processing, or a limited
desktop software, is sufficient for their organisation
A Payroll Management System is software that streamlines the process of paying employees. It automates recurring tasks like calculating pay and managing taxes and benefits. A Payroll System can save time, reduce errors, and improve employee satisfaction. Moreover, it ensures that the business complies with legal regulations to avoid penalties. Employees may mistrust the company's economic stability if salaries are not paid on time or if there are any unjustified delays. Furthermore, it may have an impact on the morale of the company's workers, which can ultimately reduce productivity. So, it becomes crucial to implement a payroll system to streamline the payment mechanism in the company.
Know more details here: https://sites.google.com/view/nyggs-payroll-system/home
Understanding Payroll Software_ Streamlining Payroll Management.pdfParker adam
Welcome to our comprehensive guide on payroll software, a powerful tool designed to streamline payroll management processes for businesses of all sizes. In this article, we will delve into the features, benefits, and importance of payroll software in today's fast-paced business environment. Whether a small business owner or an HR professional, understanding how payroll software can simplify and optimize your payroll operations is crucial for efficient business management.
1. The Significance of Payroll Software
Managing payroll can be a complex and time-consuming task for businesses. From calculating employee wages and taxes to generating accurate reports, it requires meticulous attention to detail. This is where payroll software steps in to revolutionize the payroll process. With its advanced capabilities and automated functionalities, HR payroll software provides numerous benefits, including:
Time and Cost Efficiency:
Payroll software automates repetitive tasks, reducing the time spent on manual calculations and data entry. This efficiency translates into significant cost savings for businesses, minimizing the need for additional human resources dedicated solely to payroll management.
Accuracy and Compliance:
Ensuring accurate payroll calculations and adhering to complex tax regulations are vital to avoid penalties and maintain compliance. Payroll software eliminates the risk of human error, automatically calculating wages, deductions, and taxes based on pre-configured rules and regulations.
Data Security:
Payroll software offers robust data security measures to protect sensitive employee information. By restricting access to authorized personnel and implementing encryption protocols, payroll software ensures the confidentiality and integrity of payroll data.
Streamlined Reporting:
Generating detailed reports and analytics is crucial for business owners and HR professionals to gain insights into payroll expenses and make informed decisions. Payroll software simplifies this process by providing comprehensive reporting features, allowing users to generate customized reports effortlessly.
2. Key Features of Payroll Software
To better understand the capabilities of payroll software, let's explore some of its key features:
a. Automated Payroll Calculations
Payroll software performs accurate and automated calculations of employee wages, bonuses, deductions, and taxes based on predetermined rules and regulations. This eliminates the need for manual computations, reducing errors and ensuring payroll accuracy.
b. Tax Management
Complying with tax regulations and staying updated with changing tax laws can be challenging. Payroll software simplifies tax management by automatically calculating and withholding the correct amount of taxes from employees' wages, while also generating reports required for tax filing.
c. Direct Deposit and Payment Processing
Learn more:
https://quickhr.co/features/payroll
Understanding Payroll Software_ Streamlining Payroll ManagementParker adam
Welcome to our comprehensive guide on payroll software, a powerful tool designed to streamline payroll management processes for businesses of all sizes. In this article, we will delve into the features, benefits, and importance of payroll software in today's fast-paced business environment. Whether a small business owner or an HR professional, understanding how payroll software can simplify and optimize your payroll operations is crucial for efficient business management.
1. The Significance of Payroll Software
Managing payroll can be a complex and time-consuming task for businesses. From calculating employee wages and taxes to generating accurate reports, it requires meticulous attention to detail. This is where payroll software steps in to revolutionize the payroll process. With its advanced capabilities and automated functionalities, HR payroll software provides numerous benefits, including:
Time and Cost Efficiency:
Payroll software automates repetitive tasks, reducing the time spent on manual calculations and data entry. This efficiency translates into significant cost savings for businesses, minimizing the need for additional human resources dedicated solely to payroll management.
Accuracy and Compliance:
Ensuring accurate payroll calculations and adhering to complex tax regulations are vital to avoid penalties and maintain compliance. Payroll software eliminates the risk of human error, automatically calculating wages, deductions, and taxes based on pre-configured rules and regulations.
Data Security:
Payroll software offers robust data security measures to protect sensitive employee information. By restricting access to authorized personnel and implementing encryption protocols, payroll software ensures the confidentiality and integrity of payroll data.
Streamlined Reporting:
Generating detailed reports and analytics is crucial for business owners and HR professionals to gain insights into payroll expenses and make informed decisions. Payroll software simplifies this process by providing comprehensive reporting features, allowing users to generate customized reports effortlessly.
2. Key Features of Payroll Software
To better understand the capabilities of payroll software, let's explore some of its key features:
a. Automated Payroll Calculations
Payroll software performs accurate and automated calculations of employee wages, bonuses, deductions, and taxes based on predetermined rules and regulations. This eliminates the need for manual computations, reducing errors and ensuring payroll accuracy.
b. Tax Management
Complying with tax regulations and staying updated with changing tax laws can be challenging. Payroll software simplifies tax management by automatically calculating and withholding the correct amount of taxes from employees' wages, while also generating reports required for tax filing.
c. Direct Deposit and Payment Processing
https://quickhr.co/features/payroll
The dilemma of how much to charge your payroll clients for the additional AE work is fast becoming a hot topic!
There seems to be a certain degree of secrecy surrounding the pricing as nobody is quite sure how to charge. One critical issue is to make sure that the pricing strategy allows the bureau to be profitable.
While there is no magical formula to achieve this, we will examine three unique pricing strategies that are both practical and realistic.
For more information visit www.brightpay.co.uk.
There is more to payroll than just doing out paychecks for minimum wage. If an organization needs to double-check its finances or prove their tax obligations, they can use a payroll report as a resource.
Complete Guide to Payroll Management in 2024 | ShrmproShrmpro
By implementing a payroll management system, you can easily overcome your challenges of inefficient payroll processing and focus on making your organization's vision and mission a reality.
So, if you are looking for a cloud-based HR software that can simplify workforce processes and provide solutions to all your HR problems, SHRMpro is the one-stop location for you.
With a user-friendly interface, we have automated tasks like Payroll Management, Application Tracking, Employee Data Management, Attendance Management, Training Sessions, etc., catering to all HRMS problems, to all our clients across the globe.
To know more about our Payroll Management System and how we can solve your Payroll processing challenges in your HR, book a demo of our HR software today!
Payroll System Secrets Exposed_ Unraveling the Payroll Software Key Features ...Parker adam
Payroll System Secrets Exposed: Unraveling the Payroll Software Key Features for Business Success
In today's fast-paced business landscape, powerful payroll management plays a crucial role in the success of any organization. As businesses strive to streamline their operations and maximize productivity, having a robust payroll system in place is essential.
This article aims to go into the secrets of an effective payroll system and explore the key features that can contribute to the success of your business.
The Importance of Payroll Software
Managing employee payroll is a complex task that involves numerous calculations, tax deductions, and compliance with ever-changing regulations.
Manual payroll processes are not only time-consuming but also prone to errors, which can result in financial discrepancies and employee dissatisfaction. By implementing reliable payroll software, businesses can automate these processes, ensuring accuracy, efficiency, and compliance.
1. Accurate Payroll Calculations
The heart of any payroll system lies in its ability to accurately calculate employee wages, taxes, and deductions. Robust payroll software automates these calculations, taking into account various factors such as hours worked, overtime, bonuses, and benefits. With precise calculations, you can ensure that your employees are paid correctly and on time, eliminating the risk of payroll-related disputes.
2. Tax Compliance Made Easy
Tax regulations are ever-evolving, making it challenging for businesses to stay up-to-date and compliant. However, with the right payroll software, tax compliance becomes a breeze.
Advanced systems integrate tax tables and algorithms, automatically calculating and withholding the correct amount of taxes from each paycheck.
This not only saves time but also mitigates the risk of penalties or audits resulting from inaccurate tax calculations.
3. Employee Self-Service Portals
Empowering your employees with self-service portals can significantly enhance their payroll experience. Modern payroll software provides employees with access to personalized portals where they can view and download their pay stubs, tax forms, and other relevant documents.
This self-service functionality reduces administrative workload, increases transparency, and boosts employee satisfaction by granting them easy access to their payroll information.
4. Integration with Time and Attendance Systems
Efficiently tracking employee attendance and hours worked is vital for accurate payroll processing. Integration between your payroll software and time and attendance systems allows for seamless data transfer, eliminating the need for manual data entry. This integration ensures that employee hours are accurately recorded, overtime is accounted for, and wages are calculated accordingly. By automating this process, businesses can save time, reduce errors, and improve overall payroll accuracy.
5. Reporting and Analytics
Insights gained from payroll data
Three simple but effective automatic enrolment pricing plansRachel Hynes
The price that a bureau will set for processing auto enrolment (AE) is an important business decision.
This guide reveals the options available to help you make the right choice for YOU.
For more information visit www.brightpay.co.uk
Whether you are running a 5 person business, or a large corporation with 100’s of employees, payroll is a priority. Staff must be paid on time, every time, and be paid correctly. It is the responsibility of every employer to ensure that they are.
Some processes can be daunting, but here are 10 tips that should help make your payroll plain sailing!
10 Crucial Components of Online Payroll Management Systems!PayEaze
Online Employee Payroll Management Software refers to digital platforms that automate and streamline the process of managing employee payroll within organizations. These software solutions encompass various features, including employee information management, payroll processing, tax compliance, benefits administration, time and attendance tracking, direct deposit facilitation, reporting and analytics, compliance management, security, and integration capabilities. By centralizing payroll-related tasks and calculations, these systems help organizations ensure accuracy, efficiency, and compliance with legal and regulatory requirements while enhancing employee satisfaction through timely and transparent payment processes.
How Cost effective payroll software that are designed to help you better mana...Jose thomas
Choose Payroll management software Oman that meets your company's demands, you're making a decision that will improve operational efficiency, employee satisfaction, and overall success. As technology continues to transform the corporate landscape, adopting low-cost payroll software is a step toward a more streamlined, structured firm.
This webinar took place on 22nd February 2022.
Why now is the best time to bring your payroll in-house
With furlough and the constant payroll legislation changes now thankfully behind us, now is the perfect time to consider bring your payroll operations in-house. After the turbulence of the last two years, many businesses will be looking for ways to cut down on costs and build back lost revenue. Taking care of your payroll yourself rather than outsourcing to a an accountant or bookkeeper is a smart way of doing this.
In this webinar we will weigh up the pros and cons of bringing your payroll in-house to do it yourself versus your accountant doing your payroll for you. We will also explore what you need to look out for in payroll software, both to maximise these benefits and to make the transition as smooth as possible. Towards the end of the webinar, we will give you a short tour of BrightPay to introduce you to the world of payroll, and practical guidance on how to implement it. We will also be answering some questions from our audience.
Agenda
Current in-house payroll trends
Benefits of outsourcing vs. In-house payroll
Choosing the right payroll software
Quick tour of BrightPay
Questions and Answers
Webinar Information
For more information, please visit https://www.brightpay.co.uk/
This webinar took place on 16th February 2022.
In the past, payroll software and accounting systems stood side by side, but they never spoke or communicated directly with each other. Thanks to API integration, we have added the ability to connect BrightPay to a number of accounting packages, one of these being Surf Accounts.
BrightPay’s integration has made it possible for the instant flow of payroll information from the payroll software to Surf Accounts. Instead of having to manually enter the payroll journals into the Surf Accounts system, they can be sent directly from BrightPay to Surf Accounts at the click of a button. It couldn’t be any easier.
In this webinar, you'll discover how you can streamline your payroll and accounting processes with our seamless integration, allowing you to save time, reduce errors and create cost efficiencies.
What you'll learn:
Overview of BrightPay software and the benefits
How to streamline your payroll and accounting processes
How to integrate Surf Accounts and BrightPay
For more information, please visit https://www.brightpay.ie/
This webinar took place on 4th February 2022.
On 21st January the government announced new changes to the Employment Wage Subsidy Scheme (EWSS), which take effect from 1st February 2022. These new changes will see some businesses continue to be eligible for the enhanced EWSS rates that are currently in place, whilst other businesses will face a reduction in the subsidy rates that they are entitled to receive.
This webinar includes guest speakers from Revenue as we discuss the new changes and answer any questions that you may have.
For more information, please visit https://www.thesaurus.ie/
BrightPay is an award-winning payroll and automatic enrolment software that makes managing payroll easy. Using API technology, BrightPay offers full integration with AccountsIQ allowing both the payroll software and accounting software system to directly communicate with each other.
In this webinar, focusing on the Irish market, you’ll discover how you can streamline your payroll and accounting processes with our seamless integration, allowing you to save time, reduce errors and create cost efficiencies. You’ll also be able to see how you can analyse in AccountsIQ your monthly payroll by GL code and multiple BI codes.
For more information please visit: https://www.brightpay.ie/
This webinar took place on 30th September 2021.
In this webinar, we are joined by representatives from the Revenue Commissioners to discuss recent updates to the Employment Wage Subsidy Scheme (EWSS) including the eligibility rules and rates for October 2021.
For more information visit: www.thesaurus.ie
This webinar took place on 26th August 2021.
In this webinar, we are joined by representatives from the Revenue Commissioners where they will discuss what you need to know about the Employment Wage Subsidy Scheme (EWSS).
What you will learn:
- An Introduction to the EWSS
- Revised EWSS Subsidy Rates
- EWSS Eligibility Criteria & Recent Changes
- Monthly reporting requirements to ROS
- De-Registering and Re-Registering for EWSS
For more information visit our website https://www.thesaurus.ie/
In this webinar, we discuss what you need to know about the extension of the EWSS, including enhanced eligibility rules. Plus, we will highlight important tips to remember as you return to the workplace (and what mistakes you should avoid).
For more information visit: https://www.thesaurus.ie/
In this webinar, we will discuss the key changes to the Coronavirus Job Retention Scheme as the scheme winds-down. With the end of the furlough scheme fast approaching, we will also explore the long term implication of COVID-19 on payroll.
For more information visit: https://www.brightpay.co.uk/
This webinar took place on 20 July 2021.
This webinar is specifically designed for accountants and payroll bureaus. In this webinar, representatives from both BrightPay and Modulr team up to explore what you need to know about making payments in BrightPay via Modulr. Plus, we discuss how you can offer payments as a service to your clients to improve profitability.
For more information please visit https://www.brightpay.co.uk/
In the past, payroll software and accounting systems stood side by side, but they never spoke or communicated directly with each other. Thanks to API integration, we have added the ability to connect BrightPay to a number of accounting packages, one of these being QuickFile.
BrightPay’s integration has made it possible for the instant flow of payroll information from the payroll software to QuickFile. Instead of having to manually enter the payroll journals into the QuickFile system, they can be sent directly from BrightPay to QuickFile at the click of a button. It couldn’t be any easier.
For more information, please visit www.brightpay.co.uk
We discuss the recent changes to the furlough scheme, including how the rules are changing between now and September. Plus, we highlight important HR tips to remember as you return to the workplace (including what mistakes you should avoid).
For more information, please visit www.brightpay.co.uk
BrightPay’s new integration with Modulr will give you a fast, secure and easy way to pay employees through BrightPay. Eliminate the need to create bank files and the manual workload associated with making payments to employees.
HMRC have announced even further extensions to the furlough scheme until the end of September. The government will continue to contribute to 80% of employees' wages for unworked hours until the end of June. However, employers will be asked to contribute a percentage of their employees' wage from July onwards as the scheme winds down.
Join us as we examine how the scheme rules are going to change between now and September and what these changes mean for your business. Plus, we will share some of the key lessons learned from processing payroll in a pandemic, and how COVID-19 has impacted payroll forever.
In the past, payroll software and accounting systems stood side by side, but they never spoke or communicated directly with each other. Thanks to API integration, we have added the ability to connect BrightPay to a number of accounting packages.
BrightPay’s integration has made it possible for the instant flow of payroll information from the payroll software to various accounting systems. Instead of having to manually enter the payroll journals into your general ledger, you can send them directly from BrightPay to your accounts system at the click of a button. It couldn’t be any easier.
Traditionally, many accountants would say that offering payroll as a service is not necessarily cost-effective and that it can be a time-consuming and tedious process. But this doesn’t need to be the case.
Today, your payroll and HR processes can be more automated and streamlined than ever before. It’s now feasible for payroll to be profitable for bureaus offering it as a service.
HMRC have announced even further extensions to the furlough scheme until the end of September 2021. The government will continue to contribute to 80% of employees' wages for unworked hours until the end of June. However, employers will be asked to contribute a percentage of their employees' wage from July onwards as the scheme winds down.
Employers need to prepare for IR35 reforms which are being introduced in the private sector this April. Like the public sector, clients will have to determine whether the contractor falls inside or outside IR35. There is a right way and a wrong way to comply with IR35 rules. Just putting all contractors ‘inside IR35’ and hoping for the best isn’t good enough.
During this webinar, Jas Jhooty, Director at emTax, will explore the steps that need to be taken to obtain ‘outside IR35’ SDS rulings for as many contractors as possible. By making simple changes to contracts and working conditions, businesses can keep 'inside IR35’ contractors to a minimum and reduce costs from April 2021.
Plus, see how BrightPay caters for IR35, including automatic disabling of employee benefits that off-payroll workers are not entitled to.
The impact of COVID-19 has seen a growing shift towards businesses bringing their payroll in-house to save money. Read the many benefits of managing your payroll in-house, including practical advice on how to implement it.
Is the fear of switching payroll software holding you back? Moving from one payroll software to another can sometimes be a daunting task, but with preparation, this doesn’t need to be the case.
In this webinar, we explore the challenges employers and accountants face when switching payroll software, including top tips on how to overcome those challenges. Plus, we highlight the many benefits associated with switching to BrightPay and why it is the perfect payroll solution for your business.
Discover what you need to do to prepare for your move to BrightPay to make the switch as seamless as possible. It’s time to turn payroll into the quick and easy process it should be.
See www.brightpay.co.uk for more information.
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The Earth System Grid Federation (ESGF) is a global network of data servers that archives and distributes the planet’s largest collection of Earth system model output for thousands of climate and environmental scientists worldwide. Many of these petabyte-scale data archives are located in proximity to large high-performance computing (HPC) or cloud computing resources, but the primary workflow for data users consists of transferring data, and applying computations on a different system. As a part of the ESGF 2.0 US project (funded by the United States Department of Energy Office of Science), we developed pre-defined data workflows, which can be run on-demand, capable of applying many data reduction and data analysis to the large ESGF data archives, transferring only the resultant analysis (ex. visualizations, smaller data files). In this talk, we will showcase a few of these workflows, highlighting how Globus Flows can be used for petabyte-scale climate analysis.
Into the Box Keynote Day 2: Unveiling amazing updates and announcements for modern CFML developers! Get ready for exciting releases and updates on Ortus tools and products. Stay tuned for cutting-edge innovations designed to boost your productivity.
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Providing Globus Services to Users of JASMIN for Environmental Data AnalysisGlobus
JASMIN is the UK’s high-performance data analysis platform for environmental science, operated by STFC on behalf of the UK Natural Environment Research Council (NERC). In addition to its role in hosting the CEDA Archive (NERC’s long-term repository for climate, atmospheric science & Earth observation data in the UK), JASMIN provides a collaborative platform to a community of around 2,000 scientists in the UK and beyond, providing nearly 400 environmental science projects with working space, compute resources and tools to facilitate their work. High-performance data transfer into and out of JASMIN has always been a key feature, with many scientists bringing model outputs from supercomputers elsewhere in the UK, to analyse against observational or other model data in the CEDA Archive. A growing number of JASMIN users are now realising the benefits of using the Globus service to provide reliable and efficient data movement and other tasks in this and other contexts. Further use cases involve long-distance (intercontinental) transfers to and from JASMIN, and collecting results from a mobile atmospheric radar system, pushing data to JASMIN via a lightweight Globus deployment. We provide details of how Globus fits into our current infrastructure, our experience of the recent migration to GCSv5.4, and of our interest in developing use of the wider ecosystem of Globus services for the benefit of our user community.
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2. Page 1
10 steps to ensure AE will be a smooth and
profitable process.
For years, accountants and bureaus have been offering payroll services, taking a
massive burden off the hands of their clients. However, the payroll profession has
changed dramatically over recent years with the introduction of Auto Enrolment. A
significant 1.2 million small and micro businesses will reach their staging date
between June 2015 and the beginning of 2018. The Pensions Regulator defines
small businesses as employers with 5 to 40 workers and micro businesses as having
one to four workers.
The thought of choosing the right payroll
provider has exasperated with the new AE
employer duties that need to be completed.
Some software providers are avoiding auto
enrolment completely, while others are
offering AE features with limited
functionality or at a high extra cost. If you
have payroll clients they may have an
expectation that you will handle the AE
setup and ongoing duties for them. For
bureaus, it will be important to discuss the options with your clients as early as
possible.
Auto Enrolment Functionality
Payroll software will play a vital role in ensuring the success of Automatic
Enrolment. Many of the functions necessary to comply with Automatic Enrolment
duties are process-driven and can be handled by technology. Your payroll clients
will need to access their employees to ascertain who they have to automatically
enrol and who will have the right to request to join.
The Pensions Regulator recommends that payroll software should automate the
majority of these processes, such as assessing employees’ eligibility, producing
employee communications, monitoring employees’ ages, and earnings on ongoing
3. Page 2
basis, producing the required reports and much more. It will be important to check
with your software provider to see if it can handle the requirements of Automatic
Enrolment. From that point on, it is all about efficiency and there are several
questions that need to be answered first in order to start making a profit from
these jobs.
So what should you be looking for in potential payroll
software to process AE more efficiently? These 10 questions
outline key factors to ease the decision making process.
1. Does it support your chosen AE pension schemes?
2. Will employee assessment be automated?
3. Is enrolling employees problematic or effortless?
4. Can it produce employee communications based on individual’s work
status?
5. Does it allow for Postponement?
6. Are employees being continuously monitored by the software?
7. What are the limitations regarding the number of employees or
employers that can be set up?
8. Will it make contributions and deductions?
9. Does it allow you to produce the required reports?
10.Are auto enrolment features and support charged at an extra cost?
1. AE pension schemes
Many employers will be setting up pension
schemes for the first time and may need
your help to identify a qualifying scheme
that's right for their business. Whether you
choose NEST, The People’s Pensions, NOW:
Pensions, Scottish Widows, or one of the
many other pension providers, ensure that
your payroll software is capable of
supporting your chosen pension schemes.
4. Page 3
Some software providers only cater for one or two pension providers, leaving you
limited in your choice of pension. Each pension provider requires information in a
unique format making it difficult if your scheme is unsupported by the software.
2. Employees Assessment
From your clients staging date, all eligible
jobholders will need to be automatically
enrolled into a workplace pension’s
scheme. Payroll software holds your client’s
employees’ information. Based on the
employees’ wages and age, the payroll can
assess and calculate who needs be enrolled.
Your software should be able to inform you
what your AE obligations are for each
employee based on their employee category. The software should also be able to
notify you as to which employees require Automatic Enrolment of the on reaching
staging date.
3. Enrolling Employees
Once you have a pension scheme in place, the ease of enrolling employees is
fundamental to the AE process. You will need to provide individual employee
information to your chosen pension scheme such as the staff member’s name,
postal address, date of birth, and National Insurance number. Eligible employees
will have the option to opt out of a pension scheme within a month of being
enrolled. Equally employees who are not eligible will have the option to opt into
the workplace pension scheme. Payroll software should be capable of enrolling
eligible employees, processing opt-out and opt-in requests, refunding all
deductions already made, and showing this refund on the payslip.
5. Page 4
4. Employee communications
Communicating with your clients
employees is a critical and mandatory part
of auto enrolment. The communication will
explain to each employee how automatic
enrolment affects them. In addition, it is
important to make sure each employee
receives the correct communication based
on their individual work status. Good
quality payroll software will be able to
examine each employees work status and
produce tailored automatic enrolment letters based on that information, ready for
printing or emailing.
5. Postponement
Employers have the option to postpone automatic enrolment for up to three
months for some or all of their staff. If an employer chooses the option to
postpone, a letter must be produced informing employees that they have been
postponed. On the last day of the postponement period, each of the postponed
employees will need to be assessed to determine if they are still eligible to be
automatically enrolled. The option to postpone AE is built into a number of the
payroll software systems, including alerts when the postponement period has
expired. Again, it will save you time if the employee communication that details the
postponement is automated within the software compared to manually producing
this documentation.
6. Ongoing Employee Monitoring
Once a client has reached their staging date and automatically enrolled
employees, your AE responsibilities do not stop there. Auto Enrolment means you
must also monitor any changes to the employees work status. For example, if an
employee's income exceeds the threshold or if an employee reaches 22, their
worker category will change. Some payroll software will recognise this change to
6. Page 5
the employees work status and
automatically inform you of your AE
obligation and produce the necessary
communications. Payroll software should
continuously monitor staff to ensure that
employees are automatically enrolled when
they become an eligible jobholder. Payroll
software should alert you to such events
and prompt you to perform the necessary
action, be it enrol or postpone, making
your job easier.
7. Limitations for Bureaus
Some providers have limitations to the auto enrolment features and functionality
they offer. Confirm that the software can handle and automate the employer
duties for you. Additionally, a number of providers only allow you to process a
certain number of employees or payroll clients before the cost increases
significantly. While a large portion of the employees might be eligible, there are still
duties that need to be completed for non-eligible and entitled workers. Check that
there are no limitations when it comes to AE functionality, and ensure there are no
restrictions with the number of employees or employers that can be set up.
8. Contributions and deductions
It will be important to maintain a schedule
of contributions and ensure you can make
the correct payments to each employee.
Your payroll software can make the right
deductions from employees pay. At each
pay period the software should
automatically make the relevant
contributions and deductions for each of
your clients employees based on the
7. Page 6
chosen pension scheme and the percentage contributions the employer has
decided on. These contributions and deductions should then be included on each
employee’s payslip. Ensure that the payroll software can make these deductions
and keeps up-to-date with the minimum contribution rates.
9. Required Records
There are certain records that must by law be kept, by both the employer and the
pension scheme, as proof of compliance. Employers must record this information
about their employees and their chosen pension scheme. These records must be
kept for a minimum of six years. For each employee you must keep
communication containing opt-in, joining or opt-out notices. These records must
be kept in a certain format for The Pensions Regulator. Your payroll software
should be able to easily generate these reports for you. The reporting function
should also be customisable to your own requirements for any other analysis that
you should want.
10. Hidden Charges
The way payroll software providers are
pricing their auto enrolment functionality
completely varies across the industry.
Certain solutions are choosing to charge
extra per employee, per month which
could quickly add up, especially as the
demand for auto enrolment grows. Others
have decided to charge a completely
separate fee for an auto enrolment feature,
add-on or module. Some packages on the
market do have auto enrolment included but the functionality can be basic and
limited in some. It would be cost effective to select a solution where there are no
additional charges per employee or per payroll client. Make sure to read the small
print and be aware of hidden support charges too. These hidden costs can add up
and ultimately deduct revenue from your bottom line.
8. Page 7
“We started using BrightPay
this year after our previous
payroll provider wanted over
£500 per year to enable Auto
Enrolment. Migrating our
data into BrightPay was very
easy.”
Simon Colebrook, ENL Limited
Conclusion
Whether you have started to enrol you
clients or not, auto enrolment doesn’t have
to be as costly, or as time consuming as
you think. Bureaus can easily achieve a tidy
profit from processing AE for their clients.
However to be successful, AE must take
place in payroll. Payroll software can take
the grunt work out of AE by accessing the
employees’ PAYE information and carrying
out these tasks for you. It is only logical that
the assessment process should also take place within payroll, to make the process
as efficient as possible.
Successful bureaus are now adopting
specific payroll solutions that are tailor
made to address the ten factors raised
in this white paper. In fact, with the right
solutions, processing payroll and auto
enrolment can form the core client base
of a successful and profitable practice or
bureau. The advantages of
sophisticated, payroll software are
numerous, but mainly it will significantly
increase the efficiency and effectiveness
of this kind of work. Additionally the ability to automate the employer, admin tasks
is extremely valuable allowing bureaus to work quicker and more efficiently.
Automation will be the key to success.
Make sure you go through our checklist above to confirm that your existing payroll
software will handle each and every step listed. BrightPay is one solution that does
exactly that and there are no hidden charges. By choosing BrightPay you can
streamline your AE process efficiently and economically. You can further increase
9. Page 8
the speed involved in these types of jobs, an important part of an overall strategy
to improve a bureau’s profit, speed
and reliability.
Automated payroll technologies that
automatically handle the required AE
duties are powerful enablers for
organisations that want to stay
competitive and make a profit.
Bureaus that have adopted BrightPay
have found they have saved
considerable time and effort. The seamless automation of the Auto Enrolment
feature allows our bureau customers to take on more clients and generate more
revenue with a lower cost base.
BrightPay Demo
Would you like a Demo of BrightPay? If the answer is yes please fill
out our Demo Request Form and we will get back to you.
“The programme works perfectly
with RTI and in my 30 years of
experience in preparing payrolls I
find that BrightPay is the best
product that I have used. “
David Williams ACIPP, The Wages Room
10. Page 9
Improve the Profitability of Your Bureau Service Today
BrightPay are offering all Accounting Web Members 50% off a BrightPay
2015/16 Bureau Licence when you switch from another payroll provider.
To redeem, call 0845 300 4304 or email sales@brightpay.co.uk
and quote ‘Accounting Web’.
* Offer applies to new customers who switch to BrightPay from another payroll software provider for the first
year subscription only. This offer applies to BrightPay 2015/16 bureau licence only and does not work in
conjunction with any other offer.
12. Page 11
BrightPay Testimonials
“A breath of fresh air!! Uncomplicated, user friendly
payroll software that is RTI compliant and flexible enough
to handle any of the requirements you may have for
payroll.”
Quintin Scott, Accendo Accountants
“Having used Sage and various other payroll programs until
recently, I must tell you how much of a joy your program is to use
- straightforward, attractive and well thought out; I only wish I had
found it sooner!
I will definitely be advising all new clients that BrightPay is the way
to go for payroll. Keep up the good work BrightPay!”
Jordan Dickens, Dorset
“We've only been paying anyone since April - I tried a couple
of other payroll systems first and found them clumsy,
confusing and generally painful to use. Once I discovered
BrightPay I suddenly stopped dreading the weekly payroll and
wondering how on earth I would ever know if HMRC got our
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Gemma Jones,Brothers Wines
“Your level of customer service is outstanding. I have been
using the software since 1990 and must confess that this
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Victor Ayoola, Chancelleur Consulting & Accounting
Services