I love Brightpay, but it's expensive for the average company director only payroll. I'm trying to keep to just 10 companies on Brightpay this year, as costs whack up for just a few more after that.
So I've been having a look at Mypaye. It's miles better than HMRC tools, but doesn't seem to be able to print out rti reports.Costs per company are very reasonable.
I'd pay a bit more for payroll where I could save rti reports. What would you recommend?
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Moneysoft every time. Cheap as chips, might look dated (like VT), but great bit of kit. Easy to use, but if you get stuck loads of folk on here who can help.
Know someone who has just migrated from Basic Tools and now wondering why they put up with that rubbish (his words) fir so long.
Moneysoft every time. Cheap as chips, might look dated (like VT), but great bit of kit. Easy to use, but if you get stuck loads of folk on here who can help.
Know someone who has just migrated from Basic Tools and now wondering why they put up with that rubbish (his words) fir so long.
Agree with the honorable lady, Moneysoft is the bees knees and about £170 a year, with up to 100 companies, so no need to restrict to 10.
I think you’re on the right track. MyPAYE or Payroo online will be your free solution. But I’ve gotta say, in your position and for an extra £150 I’d upgrade my BrightPay.
Otherwise you might be able to use Xero payroll for clients signed up and reduce BP numbers that way.
Payroo is no longer free. However 1 2 Cloud Payroll (from the same people) still is.
Products are identical...
[quote=Moonbeam]
Thank you all! I need the Connect option for Brightpay, so need to stay with them. That rules out Moneysoft. I'm still mulling over whether to pay the extra £150 - I've got a week or so before I need to make my decision.
I'll have a look at Payroo next.
[/quote
Paydashboard coupled with Moneysoft would have given you a similar outcome, but you have to download the xml file into Paydashboard first. Glad you got sorted in the end.
Like you I'm a Brightpay advocate. They are always upfront and dont sneak in little extras. You mention £150 - 10 clents - £15 each. You must be able to recoop it somehow. You are familiar with it and therefore work can be done quickly as opposed to changing mid year and then fnding the new isnt up to scratch.
You said at the start that you were ''trying to keep to just 10 companies on Brightpay this year''
So Im afraid I took from that, that you were not taking on more payroll clients due to their inceased costs. But had decided you wanted more payroll clients so were looking for a complete alternative. We couldnt know that you had just renewed (my software renewal is much later in the year, just happens to be when I started in business) but now I understand that you have, then a different plan is required.
You could bite the bullet and pay for eg Moneysoft now and move all the existing payroll across and just view the funds you have paid as dead money.
Or pay Brightpay the extra, process all your payroll on there, but look to take out eg Moneysoft, a month before your next renewal date and do the transition then. (same financial outcome as above obviously).
Or trying to find a free one, althoug Ive never really seen any with glowing reports. On the Mypaye one you mentioned not being able to print out RTI reports - not sure which reports you mean as its not a software I know, but can you not just use 'print' to pdf or print screen? I use that a lot.
Other consideration is how long of your time (is money) it takes to research all....likely costing you more than you will save.
Or consider small hike in price to cover?
I've now signed up for Keypay, which is much better than mypaye.
Key pay @£2pppcm x 10 1-man companies =£20pcm =£220 left of 20/21.
Moneysoft = £144 for 12 months.
So it wouldn't have made economic sense to use Moneysoft for the few director only payrolls I have.
?
My understanding of Keypay was it was per month/payslip so if nobody got paid there was no charge so you'd only pay 1 month in 3 for your quarterly payrolls.
Did you look at Capium? I've got around 10 companies on there, a couple with more than one employee or director and it's completely free. The only annoying thing with the free version is you cannot do batch RTI, so schedule every company then send the RTI all at once. You have to process them all individually, but other than that it does everything I need it to do. I used to use Brightpay and liked it but moved when they started charging.
I just took another look thinking that maybe they had changed their pricing for new customers and it still says payroll up to 3 employees is free. I have my account under my login and then all my clients are set up within there and the HMRC login details for submissions are my own and their is a tick box for agent.
Maybe have a trial and see how you get on?
Cost for 10 with Brightpay is £249 so £2.07 per month per client
I price it at mid point cost per month to see the average cost per client
5 would be £249 £4.15 pcm
17 £399 = £1.95
25+ £499 £2.00
Do the others provide updates the same or better, such as furlough pay split
Factor in your time to learn new software its not worth changing for such small amounts. Real question is are you happy with what you have just now
I think I would suggest staying with Brighpay or If I had to move, it would be Nomisma or the like as both have batch/auto processing functions, which make director only clients a breeze.
To be fair I do not know if Moneysoft so cannot comment, but the time saving by batch processing all director only client in one go would for me take the lead above the £150 extra cost consideration.
Hi Moonbeam,
I hope im not too late to help because MyPAYE does have RTi report and we also have automation for payrolls not just director payrolls allowing you to set up the 8 steps to complete payroll and then just let it run, including running the payroll, sending client reports, sending payslips, auto enrollment assessment and posting and posting journal to accounting product and posting RTi. Joining our Partner program which is free will also afford you pricing which could cost as little as 30p per employee.
Happy to demonstrate if its not too late.
Kind Regards
Neil Seekings
Sales Director
MyPAYE LTD
Moneysoft Payroll Manager, all of the RTI reports are saved and can be printed out at any time.
Hi I believe that 12 cloud payroll is free for employers with less than 10 employees Check it out.
Take a look at 12Pay
Very afordable if you don't need the whistles and bells of Moneysoft or Brightpay
Saying that, as my practice expands, I will be evaluating Brightpay for next year, based on recomendations here.
(In my opinion the interface on Moneysoft is horrid, although it does seem to provide grown up tools)
For a micro payroll I would check out QTac solutions.
I’m intrigued when you say keep RTI reports. RTI is an exchange mechanism of data, it has no reports. The payroll result are the basis of RTI exchange of change. So your payroll reconciliations will match HMRC records unless there are misallocations and duplications in the exchange process (and there a couple of million of those each year historically). No software solution has sight of those as HMRC do not share the data.
Another vote for Moneysoft Payroll manager.
We moved from Sage payroll professional and saved a fortune.
To access remotely leave PC on in office and use teamviewer or the like to access work pc.
I would look at how you can make BrightPay work for you. You're familiar with it, it gives you everything you need, including the Connect facility, it does batch processing etc (I don't need to rattle through all the great features BP has to offer, as I'm sure you'll be aware of them already) and it will mean no moving data partway through a tax year. Is recouping the additional cost feasible by increasing your payroll fees by a (relatively) tiny amount? I wouldn't be looking to ditch what is a great product, but looking at what else I could change to make it more cost effective. A small additional charge? increase the number of payrolls? I'm sure there will be others too :)
A vote for My PAYE Ltd, the software is excellent and prints off RTI Reports. It is nothing like HMRC tools it is a full cloud software with lots of functions.