Companies in every industry have faced unprecedented business disruption over the last several months. Getting employees back to work, or continuing remote working is dependent on the type of business and interactions needed with customers. Payroll is one function of the business that has to continue regardless of where your employees are working.
Keeping payroll compliant has never been more challenging with new furlough, SSP rebates, and other measures from HMRC. Your payroll team will need help to stay ahead of these new changes to ensure payroll compliance. Manual processes and spreadsheets will not be enough to manage payroll, new furlough schemes, and the employer rebates for statutory sick pay due to coronavirus.
Getting your payroll automated on a cloud-based technology platform is the first step to ensuring your payroll is running accurately and on-time. Payroll teams can manage payroll from any device, and you don’t have to rely on company systems to process payroll. Manual errors are eliminated and filing directly with HMRC ensures deadlines are met and in compliance with the latest laws.
With integration capabilities, you can manage payroll and HR admin together on one platform so your payroll and HR teams have access to the same employee data all in one place. Employees can access payslips and HR information using a self-service portal, so your payroll and HR teams can reduce time spent on manual data entry.
Using technology simplifies payroll during this complicated period of time, helps ensure compliance with changing regulations, and helps your team manage payroll from any location. Talk to us today about how to simplify payroll and HR admin – click here to get started
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Payescape Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017 (register number 821826) for the provision of payment services.