There is an opportunity to add a margin to our invoice if you white label our outsourced service. Diverting your current payroll resource will also save you money.
We take the protection of our clientsâ data very seriously. Our software is fully encrypted and we hold Cyber Essentials Certification which is renewed annually.
Our accurate, reliable and timely payroll reporting is delivered by our experienced, diligent and well trained team of payroll specialists.
We white label our service to most of our accountancy clients and we have developed a successful process to run their payrolls this way. We can also work direct with your clients.
WHY PAY-NEX
In almost every scenario outsourcing payroll makes sense
Our accountancy clients tell us that we have helped them to focus on their core business, that we have access to expert advice, have assisted them in reducing their payroll costs and freed up their internal resources for other purposes and improved efficiency. Take a closer look at some of the reasons why choosing Pay-Nex is the correct decision for your business.
YOUR PROBLEM
Looking to increase your margin on payroll or reduce your risk?
There are many and varied reasons why accountancy firms are looking for ways to reduce their risk and to increase their margins. We are members of The Institute of Payroll Professions who provide our training so that we are up to date with the ever changing legislation. Our payroll software is subject to constant updates to keep up with these changes and we are able to assure our clients that they will be compliant. Apart from the reasons already mentioned, payroll software comes with high charges and by outsourcing this function, there is another cost saving to consider.
OUR SOLUTION
Guaranteed compliance and peace of mind reporting making you look good to your clients
Early this year we were asked by a large firm of accountants to take over 42 client payrolls and get them processed within 3 weeks of them confirming that they wanted us to take over their payroll function on a white label basis.
It is not always a simple task taking on payrolls at a late stage in the tax year due to various brought forward balances and it isnât always possible to import the data, but we worked hard to get these payrolls set up and processed the first month for them successfully 3 weeks later.
The main reason for the transfer of their payrolls was the difficulty in recruiting competent payroll personnel and retaining them. This is a known issue within the payroll industry. We are fortunate in having a team who work together efficiently following processes which we have developed.
We liaise with this client on a regular basis to update them on their clientsâ payrolls and highlight any issues to them in a timely fashion and they are delighted with the service we are providing to them.
Following its first reading in the House of Commons today, 10 October, the Employment Rights Bill has been published, within the first âŚ
1st October has passed and with it came the new requirements for businesses who must ensure 100% of tips are paid to âŚ
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