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Intuit QuickBooks Unveils Innovative Bureau Payroll Solution for UK Accountants

4th Apr 2024
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QuickBooks is the worlds #1 online accounting solution.

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Intuit Quickbooks announced the launch of QuickBooks Bureau Payroll, a standalone, full-cloud solution built for UK accountants and bookkeepers with diverse client needs. Integrating with major accounting solutions such as Xero, Sage, Iris and more, QuickBooks Bureau Payroll helps accountants streamline and speed up their payroll processes.

With 1 in 6 SMBs* likely to outsource their payroll, clients typically anticipate payroll services as an integral component of a comprehensive accountancy package. However, accountants interviewed by QuickBooks often say payroll is a low-margin business in which efficiency and automation is key.

Accountants face the challenge of both balancing work efficiently whilst also maintaining payroll accuracy and compliance. This is exacerbated by the rising costs of software, managing multiple platforms, and needing to meet multiple deadlines all whilst staying on top of regulatory changes. As a result, accountants are looking for efficient, automated, and integrated payroll solutions.

The key benefits of Bureau Payroll for accountants include:

  • Automation: Streamlined workflows with automated payruns, pension and RTI submissions, tax code updates and more.
  •  Integration with clients’ accounting software: Post journals to any integrated software (such as Xero, Sage, FreshBooks and more) while running payroll from a single, consolidated dashboard.
  • Fixed fee structure: Predictable pricing that scales in line with their business, with fixed, transparent fees based on the number of payroll clients, regardless of how many employees they have on payroll.
  • Efficient employee data management: Employees can update their own records and access professional payslips.
  • Up to date compliance: Automatic software updates in line with latest government rules and regulations.
  • Cloud-native: Access data or adjust payruns on the go, from any device with the full-cloud software.
  • Multi-user access: Manage team and client access with flexible permissions

Nick Williams, UK Product Director at Intuit QuickBooks, says: “QuickBooks Bureau Payroll was developed to alleviate the pain points that accountants face on a daily basis. Our research shows that payroll consumes up to 1 hour per client per pay cycle, which can impact other critical tasks.

Fiona McIlwaine at DNT Chartered Accountants, says: “QuickBooks Bureau Payroll has helped us significantly improve our practice’s operations. Managing payroll for over 120 clients, we’ve found its automated features and cloud-based system a major upgrade from traditional desktop solutions. The intuitive dashboard and time-tracking for payroll tasks have been absolutely crucial in enhancing efficiency.” 

To find out more about Bureau Payroll and speak to one of the advisors, please visit:  

https://quickbooks.intuit.com/uk/hero/?modal=book-a-demo-payroll 

 

* QuickBooks surveyed ~1500* Accountants/Bookkeepers and SMBs to understand the top Payroll needs and pain points.

Sample:

397 Accountants/Bookkeepers

1088 SMBs

0 - 99 employees