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Bringing payroll in-house: Don’t let fear hold you back
1
Bringing payroll in-house: Don’t
let fear hold you back
Agenda
Introduction
Current in-house payroll trends
Benefits of outsourcing vs. in-house payroll
Quick tour of BrightPay
Questions and Answers
1.
2.
Choosing the right payroll software
3.
4.
5.
6.
Today’s Webinar:
Bringing Payroll In-House
Last year, surveys showed that there was
a 12.6% increase in businesses who
decided to outsource their payroll to a
professional.
- Moorepay Annual Payroll Survey Report
0
10
20
30
40
50
60
70
80
90
100
Percentage of businesseswho outsourced their p a
yr oll
Outsourcing Statistics
2020 2021
2021 Outsourcing Statistics
Bringing payroll in-house: Don’t let fear hold you back
2
23% of new BrightPay customers have
come from businesses where they
previously outsourced
0
10
20
30
40
50
60
70
80
90
100
Ne
w Customer S
ou rce
BrightPay In-House Statistics
Compet itors Outsourced Ne
w Business
2022 In-House Statistics
Payroll software should simplify furlough
processes for users
Why did less businesses process payroll in
house last year?
Furlough, the Coronavirus Job Retention Scheme and changing
payroll legislation
Employee absences were at an all-time high
Businesses didn’t have time to prioritise moving payroll in-house
Payroll software should simplify furlough
processes for users
Why now is the perfect time to bring your
payroll in-house
Furlough and constant payroll legislation changes are now behind
us
Businesses can build back Revenue that was lost as a result of
COVID-19
The first new tax year in three years where businesses have the
time to dedicate to payroll.
In-House Vs. Outsourcing
Bringing payroll in-house: Don’t let fear hold you back
3
Benefits of Outsourcing Saves time and allows you to focus on
other business matters
Gives peace of mind that your payroll is
compliant
Gives peace of mind that employees are
being paid correctly
You don’t have to worry about GDPR or
security of payroll data
It saves money spent on training
employees
Benefits of In-House
Payroll Cost-savings (if you’re using the right
payroll software)
Greater flexibility and control
over the payroll data
Other HR features may be included at no
extra cost
Control over data security (no third-
party access to data)
Invite employees to their own online self-
service portal and app
In-house/Outsourcing price comparison
Outsourcing is typically
more expensive than
competitively priced
payroll software.
The more employees
you take on the more
you may have to pay
Reducing your
business outgoings
can help save money
Cost
when processing payroll in-house vs. outsourcing
Potential cost of training employees
depending on the payroll software
With easy-to-use payroll software, you won’t
need to be a payroll expert
There should be no additional / hidden
charges for important functionality
Bringing payroll in-house: Don’t let fear hold you back
4
In-house payroll means instant access and
control over the reports generated
Quick and easy answers to questions instead
of waiting on a third party
Increased flexibility to produce payroll reports
and detailed, customisable analysis
Payroll Reporting
when processing payroll in-house vs. outsourcing
Control & Flexibility
when processing payroll in-house vs. outsourcing
You may not have the same flexibility when
outsourcing payroll
In-house payroll means absolute control over
payroll scheduling
Flexibility to correct errors or make last minute
changes to the payroll instantly
Workload
when processing payroll in-house vs. outsourcing
Data entry doesn’t need to be as time
consuming or as difficult as you imagine
Is there a genuine time saving when
outsourcing your payroll?
You still need to spend time preparing and
providing the payroll data
Data Security
when processing payroll in-house vs. outsourcing
Secure payroll systems should provide added
security features
In-house payroll gives you greater security
about the safety of personal data
You can protect private information such as
employees’ salary details
Bringing payroll in-house: Don’t let fear hold you back
5
DIY Self-Service Access
when processing payroll in-house vs. outsourcing
Enables employees to streamline routine payroll
tasks by doing it themselves
Payroll software with integrated HR
functionality can simplify HR tasks
Online employee access to personal data,
payslip library and annual leave calendar
The benefits of self-service portals and employee payroll
apps
HR Documents – Store employee information in one secure location
Simplify leave management – Instantly approve leave requests
Saves processing times – Eliminates time spent distributing payslips
Fewer calls to HR – Employees can answer their own payroll queries
Direct API Integration
With accounting, bookkeeping and payment software
Pay employees, subcontractors and HMRC
directly through the payroll software
Minimise the amount of manual data entry you
need to complete
Create wage journals to send directly to the
accounting software
In-House Benefits
Reduced business overheads and potential cost savings
1.
Increased control over payroll reporting
2.
Internal flexibility over last-minute changes
3.
Minimal reduction in workload
4.
Streamlined HR and annual leave processes
5.
Self-service online access for employees
6.
Increased accurate reporting in accounting software
7.
Bringing payroll in-house: Don’t let fear hold you back
6
Choosing the right software
Do you want a laborious or quick and
easy payroll process?
Find out what options are available –
will they make your life easier?
Do the benefits outweigh the benefits of
outsourcing your payroll?
There are a lot of different options and
this can be overwhelming
5-Star Rating on
Software Advice &
Trustpilot
Payroll Software of
the Year 2021 & 2019
330,000 Businesses
in the UK & Ireland
Years’ Developing
Payroll Software
30
Reasons to Choose BrightPay
Excellent Customer Support
Migration Assistance
Responsive to Payroll Updates
Competitive Pricing
No Hidden Extras
Optional HR Features
A Quick Tour of BrightPay
Bringing payroll in-house: Don’t let fear hold you back
7
Available on
Windows & Mac
Activations Per
BrightPay Licence
10
Desktop-Based
Payroll Software
Optional Cloud
Add-On
BrightPay Connect
Employee Smartphone &
Tablet App
Standard
For individual employers.
Bureau
For payroll service providers.
One employer
Unlimited employees
For large employers
£229
One employer
Up to 25 employees
For medium-sized employers
£169
One employer
Up to 10 employees
For small employers
£109
One employer
Up to 3 employees
For micro employers
£59
Unlimited employers
Unlimited employees
For large payroll bureaus
£559
Up to 25 employers
Unlimited employees
For medium-sized bureaus
£449
Up to 10 employers
Unlimited employees
For small payroll bureaus
£279
NOTE: Prices are per tax year and exclude VAT.
100 employees £30.21 per month
250 employees £63.21 per month
500 employees £108.21 per month
1000 employees £173.21 per month
1 employee £0.54 per month
5 employees £2.26 per month
10 employees £4.21 per month
25 employees £9.46 per month
50 employees £17.21 per month
Example Monthly Bills
Monthly subscription based on number of employees
Bringing payroll in-house: Don’t let fear hold you back
8
Help Guides &
Video Tutorials
Free Phone &
Email Support
Free Online
20 Minute Demo
Free 60 Day
BrightPay Trial
“As a small business, BrightPay has
enabled us to keep control of payroll
processes in house. We are definitely
more efficient despite the increasing
demands of auto enrolment. Very
satisfied with BrightPay.”
Penny Quilter, Quilters
“I love how user friendly BrightPay is for both CIS and
Payroll. People tell me to use an accountant because
they think that it is easier. It is a false pretence and with
this software it makes you feel like a pro with its simple
functionality. All reports are easy to find and tailor.
Being able to email all documents is truly great, add in
time saving and environmentally friendly. The amount
we pay as a company to BrightPay is justified and I
always recommend them.”
Sarah King, Sherborne Utilities Ltd
“I was worried about bringing our payroll back in house for me to
do and then I discovered BrightPay - WOW! It’s such as easy, straight
forward, total package I can’t believe what it costs in relation to
other payroll software annual licenses. We are now so much more
flexible than before having to pass all the info to the bureau for a
certain date it’s a dream. If you’re thinking about it, do it you’ll save
a fortune.”
Graham Paterson, Verytas Solutions Ltd
“Have just started using BrightPay this financial year,
having taken over from our accountant. Really easy to
use and plenty of helpful support. 10/10.”
Stephen Irish, The Mountain Air
“Recommended by my accountant to save money in the
first instance but also to have a product more suited to
my needs - foolproof!”
Sally Avery, R W Avery
Questions &
Answers
5-Star Rating on
Software Advice &
Trustpilot
Payroll Software of
the Year 2021 & 2019
330,000 Businesses
in the UK & Ireland
Years’ Developing
Payroll Software
30

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Bringing payroll in-house: Don't let the fear hold you back

  • 1. Bringing payroll in-house: Don’t let fear hold you back 1 Bringing payroll in-house: Don’t let fear hold you back Agenda Introduction Current in-house payroll trends Benefits of outsourcing vs. in-house payroll Quick tour of BrightPay Questions and Answers 1. 2. Choosing the right payroll software 3. 4. 5. 6. Today’s Webinar: Bringing Payroll In-House Last year, surveys showed that there was a 12.6% increase in businesses who decided to outsource their payroll to a professional. - Moorepay Annual Payroll Survey Report 0 10 20 30 40 50 60 70 80 90 100 Percentage of businesseswho outsourced their p a yr oll Outsourcing Statistics 2020 2021 2021 Outsourcing Statistics
  • 2. Bringing payroll in-house: Don’t let fear hold you back 2 23% of new BrightPay customers have come from businesses where they previously outsourced 0 10 20 30 40 50 60 70 80 90 100 Ne w Customer S ou rce BrightPay In-House Statistics Compet itors Outsourced Ne w Business 2022 In-House Statistics Payroll software should simplify furlough processes for users Why did less businesses process payroll in house last year? Furlough, the Coronavirus Job Retention Scheme and changing payroll legislation Employee absences were at an all-time high Businesses didn’t have time to prioritise moving payroll in-house Payroll software should simplify furlough processes for users Why now is the perfect time to bring your payroll in-house Furlough and constant payroll legislation changes are now behind us Businesses can build back Revenue that was lost as a result of COVID-19 The first new tax year in three years where businesses have the time to dedicate to payroll. In-House Vs. Outsourcing
  • 3. Bringing payroll in-house: Don’t let fear hold you back 3 Benefits of Outsourcing Saves time and allows you to focus on other business matters Gives peace of mind that your payroll is compliant Gives peace of mind that employees are being paid correctly You don’t have to worry about GDPR or security of payroll data It saves money spent on training employees Benefits of In-House Payroll Cost-savings (if you’re using the right payroll software) Greater flexibility and control over the payroll data Other HR features may be included at no extra cost Control over data security (no third- party access to data) Invite employees to their own online self- service portal and app In-house/Outsourcing price comparison Outsourcing is typically more expensive than competitively priced payroll software. The more employees you take on the more you may have to pay Reducing your business outgoings can help save money Cost when processing payroll in-house vs. outsourcing Potential cost of training employees depending on the payroll software With easy-to-use payroll software, you won’t need to be a payroll expert There should be no additional / hidden charges for important functionality
  • 4. Bringing payroll in-house: Don’t let fear hold you back 4 In-house payroll means instant access and control over the reports generated Quick and easy answers to questions instead of waiting on a third party Increased flexibility to produce payroll reports and detailed, customisable analysis Payroll Reporting when processing payroll in-house vs. outsourcing Control & Flexibility when processing payroll in-house vs. outsourcing You may not have the same flexibility when outsourcing payroll In-house payroll means absolute control over payroll scheduling Flexibility to correct errors or make last minute changes to the payroll instantly Workload when processing payroll in-house vs. outsourcing Data entry doesn’t need to be as time consuming or as difficult as you imagine Is there a genuine time saving when outsourcing your payroll? You still need to spend time preparing and providing the payroll data Data Security when processing payroll in-house vs. outsourcing Secure payroll systems should provide added security features In-house payroll gives you greater security about the safety of personal data You can protect private information such as employees’ salary details
  • 5. Bringing payroll in-house: Don’t let fear hold you back 5 DIY Self-Service Access when processing payroll in-house vs. outsourcing Enables employees to streamline routine payroll tasks by doing it themselves Payroll software with integrated HR functionality can simplify HR tasks Online employee access to personal data, payslip library and annual leave calendar The benefits of self-service portals and employee payroll apps HR Documents – Store employee information in one secure location Simplify leave management – Instantly approve leave requests Saves processing times – Eliminates time spent distributing payslips Fewer calls to HR – Employees can answer their own payroll queries Direct API Integration With accounting, bookkeeping and payment software Pay employees, subcontractors and HMRC directly through the payroll software Minimise the amount of manual data entry you need to complete Create wage journals to send directly to the accounting software In-House Benefits Reduced business overheads and potential cost savings 1. Increased control over payroll reporting 2. Internal flexibility over last-minute changes 3. Minimal reduction in workload 4. Streamlined HR and annual leave processes 5. Self-service online access for employees 6. Increased accurate reporting in accounting software 7.
  • 6. Bringing payroll in-house: Don’t let fear hold you back 6 Choosing the right software Do you want a laborious or quick and easy payroll process? Find out what options are available – will they make your life easier? Do the benefits outweigh the benefits of outsourcing your payroll? There are a lot of different options and this can be overwhelming 5-Star Rating on Software Advice & Trustpilot Payroll Software of the Year 2021 & 2019 330,000 Businesses in the UK & Ireland Years’ Developing Payroll Software 30 Reasons to Choose BrightPay Excellent Customer Support Migration Assistance Responsive to Payroll Updates Competitive Pricing No Hidden Extras Optional HR Features A Quick Tour of BrightPay
  • 7. Bringing payroll in-house: Don’t let fear hold you back 7 Available on Windows & Mac Activations Per BrightPay Licence 10 Desktop-Based Payroll Software Optional Cloud Add-On BrightPay Connect Employee Smartphone & Tablet App Standard For individual employers. Bureau For payroll service providers. One employer Unlimited employees For large employers £229 One employer Up to 25 employees For medium-sized employers £169 One employer Up to 10 employees For small employers £109 One employer Up to 3 employees For micro employers £59 Unlimited employers Unlimited employees For large payroll bureaus £559 Up to 25 employers Unlimited employees For medium-sized bureaus £449 Up to 10 employers Unlimited employees For small payroll bureaus £279 NOTE: Prices are per tax year and exclude VAT. 100 employees £30.21 per month 250 employees £63.21 per month 500 employees £108.21 per month 1000 employees £173.21 per month 1 employee £0.54 per month 5 employees £2.26 per month 10 employees £4.21 per month 25 employees £9.46 per month 50 employees £17.21 per month Example Monthly Bills Monthly subscription based on number of employees
  • 8. Bringing payroll in-house: Don’t let fear hold you back 8 Help Guides & Video Tutorials Free Phone & Email Support Free Online 20 Minute Demo Free 60 Day BrightPay Trial “As a small business, BrightPay has enabled us to keep control of payroll processes in house. We are definitely more efficient despite the increasing demands of auto enrolment. Very satisfied with BrightPay.” Penny Quilter, Quilters “I love how user friendly BrightPay is for both CIS and Payroll. People tell me to use an accountant because they think that it is easier. It is a false pretence and with this software it makes you feel like a pro with its simple functionality. All reports are easy to find and tailor. Being able to email all documents is truly great, add in time saving and environmentally friendly. The amount we pay as a company to BrightPay is justified and I always recommend them.” Sarah King, Sherborne Utilities Ltd “I was worried about bringing our payroll back in house for me to do and then I discovered BrightPay - WOW! It’s such as easy, straight forward, total package I can’t believe what it costs in relation to other payroll software annual licenses. We are now so much more flexible than before having to pass all the info to the bureau for a certain date it’s a dream. If you’re thinking about it, do it you’ll save a fortune.” Graham Paterson, Verytas Solutions Ltd “Have just started using BrightPay this financial year, having taken over from our accountant. Really easy to use and plenty of helpful support. 10/10.” Stephen Irish, The Mountain Air “Recommended by my accountant to save money in the first instance but also to have a product more suited to my needs - foolproof!” Sally Avery, R W Avery Questions & Answers 5-Star Rating on Software Advice & Trustpilot Payroll Software of the Year 2021 & 2019 330,000 Businesses in the UK & Ireland Years’ Developing Payroll Software 30