Payroll Services
Our payroll specialists will work with you to understand your business and how we can add value through our expertise and knowledge of HMRC statutory legislation as well as our understanding of the key role of payroll within any company.
If we advise parallel pay runs would be beneficial prior to a 'live' transfer of your payroll, then we will project manage these parallel pay runs from start to finish. The impact on your business will be minimal and we do not charge for parallel pay runs in the majority of cases.
Paying Your Employees Via BACS
Firefly Payroll Ltd is a BACS Approved Bureau. This affords us the facility to credit employee's net payments directly to their bank accounts on our client's behalf. Alternatively, BACS files can be prepared in the format required for most online banking facilities that support bulk payments: HSBC Hexagon, Barclays Business Master, NatWest Bankline etc.
As of April 2018, in readiness for the GDPR changes introduced on 25th May 2018, we provide payslips, P60s and other payroll documents via a secure portal - www.payslipportal.com - a wholly owned brand name of Firefly Payroll.
The portal is accessible by all employees, to view their own slips, via PC, laptop, tablet or smartphone. All historic slips are stored on the portal, meaning an employee can access and download them at a moment's notice, wherever they may be - no more waiting for slips to be printed when they are needed in a hurry.
For employers we provide a secure, encrypted email service alongside the portal, giving a protected channel for all payroll related data and reports to be sent through. Included in reports for all clients are copies of employee payslips, for back-up purposes.
Bespoke Payroll Reporting
Using our excellent report designing software, we are able to tailor and produce reports detailing any payroll information held within our database. This means that when you choose Firefly Payroll as your Payroll Company, we will discuss your reporting needs in detail and design a suite of payroll reports to suit your requirements.
You may also request ad-hoc reports at any time completely free of charge.
Salary Review & Variance Forecasts
We have the facility to provide you with detailed information on how a salary review or variance to employee payments can impact on your business.
E.G. If the company intends to offer all employees a pay rise of 4% we can use this scenario to generate accurate payroll costs and how these will impact on the employer costs. This excellent forecasting tool can be used across the entire company or on a departmental level.
This allows the company to plan ahead for additional payroll costs and also base a decision to award a pay rise upon the company cash-flow.
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Absence Recording/Monitoring
As your payroll bureau, we will also record and monitor your staff holidays and sickness absence as well as being fully compliant with SSP, SMP, SAP, OSPP, ASPP, SPP(A). Full reporting is available detailing staff absence and we will also 'flag' any absence taken which leads to an employee overtaking their entitlement.
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Departmental & Cost Centre
Our reports can be grouped to detail your company's payroll elements by department and even cost centres within those departments. If further analysis is required then even more detailed grouping options can be reported upon.
As providers of outsourced payroll services to a huge range of industry sectors, we have an enviable network of suppliers we are able to endorse.
We maintain a particularly strong relationship with providers of other business services, so if you need help identifying an interim Director of Finance, or HR advice tailored to your industry, please get in touch and we will ensure your requirement is addressed.
Payroll Services Consulting
If you like the idea of a streamlined, efficient and professional payroll service but are not sure that payroll outsourcing is for you, then we can provide payroll consulting services. Charged on a daily rate (can be reduced to half-days if preferred), one of our highly experienced payroll consultants will provide a thorough on-site assessment of your existing payroll procedures and identify areas of improvement. Staff training can also be provided if this is an area of concern.
For more information please call us on 01622 934110, or complete our online enquiry form.
Our Latest blog posts
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The Outsourcing Transfer Process
A brief look at the process behind transferring a payroll
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Outsourcing Your Payroll – What to Expect?
First in a serious of posts about payroll outsourcing, the decision process and the benefits as well as the actual process of transferring a...
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In-House vs Outsourcing Payroll
We look at some of the issues that drive a company's decision to process their payroll in-house or to outsource to a payroll provider.