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Auto Enrolment - A New Revenue Stream for Accountants & Bureaus

12th Feb 2015
Brought to you by
BrightPay logo

The payroll solution that provides all you need for Auto Enrolment.

Save content
Have you found this content useful? Use the button above to save it to your profile.

There is a sea of confusion surrounding employer auto enrolment duties. Every employer in the UK will have to enrol their employees into a pension scheme and they must contribute towards that pension. Employers will need to prepare for their new auto enrolment responsibilities or face hefty fines. There is an opportunity for bureaus to provide an AE facility as an additional service to their existing clients and new possible prospects.

Offering Auto Enrolment as a service?

A huge portion of the small business market will need to be auto enrolment ready by the middle of 2015. This offers a considerable opportunity to gain new business, retain their client base and increase profits. For those strategic bureaus who will offer AE services they will certainly have the perfect platform to acquire new clients while simultaneously building a long term, sustainable business.

As employers begin to tackle the complexities of auto enrolment, many will lack the know-how, experience and resources required to deal with their obligations properly. There’s little doubt, employers are going to need professional help complying and familiarising themselves with their new responsibilities and legal requirements. That’s where their accountant, bookkeeper or bureau can step in.

The Competitive Advantage for Bureau’s

One of the main challenges for any business success is customer acquisition. With the new opportunity of providing AE services, new business is quite frankly being placed firmly in the laps of bureaus. The competitive advantages of customer acquisition can be impressive, ranging from catching your competition off guard, to increased market penetration, to achieving economies of scale. Jump on board the auto enrolment train to increased profits.

Payroll & Auto Enrolment Software

For bureaus, the need to streamline and simplify the Auto Enrolment process is very much essential. BrightPay is one payroll and auto enrolment solution that has recently been accredited by the Institute of Certified Bookkeepers. The software was assessed by an individual who has broad experience in using a number of payroll products. The ICB report describes BrightPay:

“In simple terms, it just works! Everything is there that you would expect and the inclusion of an auto enrolment tab is important and helpful. The BrightPay user interface is superb and makes data capture painless.”

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BrightPay handles everything to prepare you for AE from employee communications, right through to integrating with pension providers. BrightPay also believe in completely free support!

Our customer reviews are very complimentary and rave about how easy BrightPay is to use. Quintin Scott from Accendo Accountants describes the benefits:

“A breath of fresh air !! An uncomplicated, user friendly payroll software that is RTI compliant and flexible enough to handle any of the requirements you may have for payroll.”

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To arrange a free demo contact us on  0845 3004304 or email [email protected] or visit our webiste www.brightpay.co.uk

 
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