Auto Enrolment is a government led scheme to help provide employees with a pension fund. Employees are assessed under certain criteria and if eligible, are automatically enrolled into the companys chosen scheme.
Once you have informed us of what changes need to be made, we will recalculate the payslip(s) that need to be changed and send you an updated set of reports.
What you require of your payroll provider may vary, but whatever you do, outsourcing your managed payroll services can make a big difference.
You do not have to have a staff of thousands to benefit from outsourcing your payroll. For businesses large and small, for charities and not-for-profits, CAP can make a big difference to the time, cost, and hassle of running your payroll.
If you are managing payroll in house, you will know how much time, money, and resource is lost to processing it.
Switch to a managed payroll services provider and you make an immediate headline saving in terms of the staff you are currently employing to manage your payroll. But there are other benefits too: no payroll software to license. No training costs. Reduced risk of error. No need to stay up to date on the million and one tax, pension, and HR changes that affect payroll every year.
In a host of ways, the larger the company, the greater the benefit of switching to a managed payroll service, and the faster you will see the benefits.
Practically every SME will start by processing its own payroll. But as staff numbers increase, few can afford the time and resources required. And even fewer will have the expertise to cover every aspect of an increasingly complex payroll.
Switching to an outsourced, managed payroll does more than save time and money and free up valuable resources. It reduces risk too, ensuring that the people managing your payroll are the people best qualified to do so.
Keeping the payroll as lean as possible is vital to the success of every charity. A few can afford to run a professional in-house payroll, and it is hardly the sort of thing to be left to inexperienced volunteers.
Choosing CAP keeps costs low while ensuring that the expertise, compliance, and security every charity need are always there.
Recruitment companies often have a huge number and variety of payroll requirements, but only a relatively small back office to manage them all. Outsourcing your managed payroll function to CAP ensures you can get on with the business of finding and placing talent, while we manage the pay, commissions, pensions, overtime, and more.
No need to employ in-house staff to process payroll. No need to pay for dedicated software or licence updates. No need to pay for training to manage it all. And no costs associated with errors or failures to comply with latest legislation.
When clients tell us what life was like before they switched to CAP, they tend to paint a very consistent picture. If they were managing their payroll in house, they were losing hours, and in larger organisations, days processing payroll every week/month.
At a stroke, outsourcing your payroll dramatically reduces the time lost to non-core activities. So, the people who used to process your payroll can switch to doing something else.
The bigger and more complex your payroll gets, the tougher it is to stay up to date with changes to tax, NI, pensions, and employment law.
Outsourcing to CAP means we are responsible for keeping your payroll compliant with the latest legislative changes – so you have less to worry about, and you reduce the risk of non-compliance.
We may be managing your payroll, but that does not mean you lose visibility or control over it. We will keep your nominated people up to date on payroll activity with simple, clear reporting that enables your business to keep making informed decisions.
Every client is allocated a dedicated Payroll Profession who works on your payroll every time. They get to know all about your company and payroll requirements. We are always there at the end of a phone to answer any queries you may have.
We realise that one size does not fit all so we offer a very bespoke service geared to your exact requirements. If you contact CAP, we can provide you with a competitive quote for our managed payroll service based on the specific needs of your business or organisation.
You’ll receive a personalised payroll calendar containing all your pay dates for the current tax year, so you know exactly when to send your data to us. And if you are late, we will remind you.
The cost of outsourcing payroll to a managed payroll service depends on the number of employees in your business and your specific payroll requirements.
CAP can provide you with a competitive quote for our managed payroll service. Please request a quote and we will send you an indication of costs for your exact needs. Alternatively, call us on +44 (0) 20 8291 7575 to discuss your requirements.
It is your guarantee that we’ll do what we say, when we say we’ll do it, with a tailored payroll service that’s ideal for your business. You can find more about the Service Guarantee here.
How does the process of switching your payroll services supplier work, and how can you be sure everything will proceed without a hitch? With CAP, change is easy.
It can feel like a big step, switching to an outsourced payroll services supplier for the first time (or switching from an existing third-party provider). At CAP, we aim to make that switch as simple and painless as possible.
That is our aim when you switch to us. You will notice a difference in time saved, errors cut, hassle reduced – but everything that usually runs like clockwork still should.
That is why our first step is always to understand what your organisation really needs from its payroll service. We will explore everything you’re currently doing each month, from basic wages and overtime to pension payments and expenses, and work out what processes you want to retain, and what we can simplify and streamline.
We will take extra care to make sure that every service your current provider deliver is accounted for, and that all the things that are making you feel the need to switch are put right.
We do not let anything fall between the cracks when you switch your payroll services to us. That is why we will run our system parallel with your old one for an initial period, to ensure every last is dotted and every decimal point is carried over.
We will agree a formal switchover date with you, then help you manage the process, including communications with your existing provider, to ensure the change is hassle-free.
It really does not matter. There is no benefit to waiting until the end of a tax year, so whenever you decide to change, we’ll make sure it happens quickly and efficiently.
For no-obligation advice and a chat about your requirements, just call 02082917575, or complete our enquiry form.
