Jan 2019
22
Customer Update: January 2019
Simplify your annual leave management with BrightPay Connect
Annual leave management is something a lot of payroll and HR staff consider to be an administrative nightmare. Having to manually approve requests, keeping track of employees annual leave remaining and inputting leave into the payroll software can be a frustrating requirement that takes up far too much time. Nowadays, employers prefer an all-in-one, self-service option, and that’s what BrightPay Connect offers.
Read more | Book a BrightPay Connect demo
Our new Smartphone Employee App - Online Payslip & Leave Request Features
The BrightPay Connect smartphone app introduces powerful features providing a digital payslip platform where employees benefit from secure access anytime, anywhere, using their smartphone or tablet. The employee app is available to download on any Android or iOS device. Through these app features, you can provide your employees with access to GDPR compliant self-service tools, a payslip library and a user-friendly holiday leave management facility.
Find out more | Book a BrightPay Connect demo
New Feature - Direct Integration with The People's Pension
BrightPay now offers direct integration with The People’s Pension. This integration links the payroll software and pension provider together so that users can seamlessly submit pension files to The People’s Pension from within BrightPay. With just one click, users can instantly submit contribution files to The People’s Pension, eliminating the need to export the file and then login to The People’s Pension portal to upload the file.
Reasons to switch to BrightPay
- BrightPay has a 99% customer satisfaction rate and a 99% satisfaction rate for customer support.
- 99.5% of users describe BrightPay's interface as user friendly.
- 99% of customers think that BrightPay offers value for money.
- 86% of customers report cost saving benefits and 94% report time saving benefits.
Emailing Payslips, Employee Consent & GDPR Recommendations
Businesses must provide their employees with information on what happens to their payroll data. Employee personal data can be stored and managed by a payroll bureau, bookkeeper or accountant for the sole benefit of correctly paying their wages, paying the correct tax and providing a payslip. All of this legitimately falls under the remit of the GDPR legislation.
BrightPay to exhibit at Accountex 2019 in May
That’s right, the BrightPay Team will be back at Accountex this year with a bigger and better stand. Don’t forget to call over and visit us and find out why BrightPay is the accountants favourite payroll software provider. Accountex is a world-class conference and exhibition offering free CPD workshops on all the latest knowledge and information about industry products and trends. Admission is FREE to pre-registered visitors.
BrightPay Connect snapshot video for Employers
BrightPay Connect, our cloud add-on, works alongside BrightPay Payroll. Automatically store payroll information in the cloud and enable online access anywhere, anytime for you, your accountant and your employees. Watch this video to see what you are missing!!
The Auto Enrolment Whistleblowers
Auto enrolment compliance is still very much at the forefront of The Pensions Regulator’s (TPR) objectives. However, a small minority of employers are still not complying with their auto enrolment duties. Some employers tell their employees that they would face a pay cut if they joined a workplace pension scheme. Others tell their employees that they have in fact been enrolled when a pension scheme has not even been set up. These employers are hoping that their auto enrolment duties will simply disappear or that their employees won’t even notice that they are being denied their rights.
Read our Customer Case Study: Carlton Auto Engineering
We are a small, family run, motor vehicle repair workshop which is part of a national franchise group. Having decided that Sage 50 was not for me, I looked on the HMRC website for suggestions for alternative payroll suppliers. I found BrightPay and others (IRIS, 12pay, payroo, etc). Having watched the BrightPay demonstration video I decided to register for an online demo which showed me how simple the software was and how quickly I could process our wages.
BrightPay 60 Day Free Trial
The BrightPay trial is completely free for 60 days and includes full functionality, auto enrolment features and free support. The first thing to do is download and install BrightPay, which you can do by clicking here. There are also detailed online help guides available online to help you with the setup.
Plus more for accountants...
Did you miss out on some of these new BrightPay Connect bureau features?
BrightPay Connect now includes essential features that will help you keep an audit trail of your client's employee hours and timesheets. The new client upload and payroll approval features will reduce your administrative tasks, increase productivity and improve how you manage your payroll workflows between you and your clients. BrightPay Connect now allows your clients to manage and send their employees hours to the bureau each pay period through the client portal which then synchronises with the client file on BrightPay on the bureau's PC.
Invaluable Time Savings with BrightPay Connect
Payroll documentation and client payroll reports that have been set up and saved on the BrightPay desktop application will automatically be synced to BrightPay Connect. Clients can then log in and view. This includes payslips, periodic payroll reporting, P60s, and P45s. Using the password protected self-service portal, your clients and their employees will be able to login online to view their payroll data that is only relevant to them. This will eliminate the administrative work and time it takes to send these documents to clients and their employees each pay period.
Learn more about the benefits for bureaus
The Accountant’s guide to planning the tax return season - (Accounting Web blog)
Most people seem happy to let life drift along, accepting the ups and downs without trying to influence outcomes. While that can reduce the pressure on standard day-to-day activities, when it comes to the tax return season, a little positivity is a necessity, while a high degree of control freakery is almost certainly going to be even more helpful.
Find out what Philip Fisher thinks
5 Traits of a Successful Payroll Bureau Service
Sure, accounting school was the best; invites to the coolest parties, skipping the queue in all the nightclubs, boys and girls falling at your feet. But now it’s time to buckle up because you’re a boss now, a sexy one, and playtime is over. But how do you succeed in the cutthroat and unforgiving world of payroll? Well I’m here to tell you. Here are 5 life changing tips on how to grow your payroll business.
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Dec 2018
17
5 Traits of a Successful Payroll Bureau Service
So, you’ve finally done it. You’ve somehow managed, despite all that your aunties said about you, you’ve gone on to set up a company. And not just any company, oh no, you've dived headfirst into the sexy world of payroll. Sure, accounting school was the best; invites to the coolest parties, skipping the queue in all the nightclubs, boys and girls falling at your feet. But now it’s time to buckle up because you’re a boss now, a sexy one, and playtime is over. But how do you succeed in the cutthroat and unforgiving world of payroll? Well I’m here to tell you. Here are 5 life changing* tips on how to grow your payroll business.
*may be a slight exaggeration
1) Software - First of all, this is a no brainer and will form the basis of this article. If you’re still adding up the tuck shop takings on an abacus and chalkboard then it’s pretty obvious that Fabrizio with his swanky laptop and payroll software is going to leave you eating his trail of dust as he travels all the way to the top. Of what? Of life, Margaret! No matter how small your payroll business is or how few employees you have you will always benefit from a payroll software that pays your clients employees accurately while reducing your admin time. And by using a payroll package that's HMRC recognised you don’t need to worry about the dreaded taxman *little children scream in the background*. Now what’s even better?
2) Automation - One of the biggest tasks you will deal with as a payroll bureau is calculating contributions to HMRC. (That, and fending off all of the attractive people who want to be close to you because you own a payroll company). If this is done manually then, let’s face it, there’s going to be mistakes, and I’m not talking about my cousin Ollie kind of mistake. By using payroll software that can automate auto enrolment duties, batch send RTI, perform payrolling of benefits and CIS submissions (amongst other things) you’re working smarter, not harder and hardly working instead of working hard. This will save you an endless amount of time and reduce mistakes dramatically.
3) Cloud Backup - As your payroll business grows, unless you’re the worst boss in the world with bad BO and an attitude, you’ll hopefully have some employees! Then, even better, more employees! They might work in your office, or work from home, or from a local Starbucks along with all the yummy moms and boho artsy types. Basically in this technological era the definition of a workplace is malleable and interchangeable. (Heck, I’m sitting on my bed right now in my underwear eating a Nando’s and watching Geordie Shore while I write this. Step into my office at your own peril!) So to make sure that everyone is on the same page the best thing to do is invest in a HR and payroll cloud self service portal for your bureau business. This has a threefold advantage as you can:
- Have all documents in one safe place for increased efficiency and decreased, er, inefficiency (wow my creative writing classes are really paying off, eh Mom?)
- Eliminate the need to manually send payroll information (payslips & payroll reports) to clients each month.
- Save yourself a ton of time where you can periodically backup the payroll data to the cloud so if you lose any data you can retrieve it easily and hassle free.
4) Look out for hidden fees - Make sure that you are using a payroll software that has no hidden fees. You don’t want to take it out for an innocent drink and then 9 months later have it knock on your door saying that you’re tied into a lifetime subscription. Support and training are imperative in the success of any payroll business. Things can get confusing and you’re at the whim of HMRC and she is a fickle, fickle mistress. Even in the last few years alone we’ve had the introduction of RTI and auto enrolment which completely changed the landscape of payroll. Therefore you want to be secure in the knowledge that no matter what comes your way, you can ask for help and it won’t come with a price tag and make sure there’s no charges for automatic enrolment.
5) Reduce your admin time - I’ve already mentioned this BUT there are more ways to reduce this most evil of all work. As mentioned it can be done by using a bureau and client self service based system where whenever you finalise the payroll, things like payslips and payroll reports are accessible to your clients. You could also use a software that puts the onus on the client to submit their data to you directly through a portal, thus reducing duplication of data and inevitable errors. You can aim for the stars even further by opting for a software that also handles your employee admin via a self-service portal that handles things such as leave requests, HR calendar, employee data and even their payslips that are accessible only to them through a unique password. But I don’t know, maybe I am getting ahead of myself here, I mean surely a payroll software like that that has all those amazing features couldn’t possibly exi…
LADIES AND GENTLEMEN, let me introduce to you, BrightPay Connect, a cloud self service add on for BrightPay Payroll. BrightPay is so popular amongst users that they voted it the Payroll Software of the Year at the 2018 Accounting Excellence Awards. The folks at BrightPay really want you to succeed and that’s why they’ve designed this bit of software that takes all the hardest parts out of your hands to free your time up to be the best business you can be. All of the features, every single one, mentioned above are part of BrightPay Connect. Weird, it’s almost like I was writing about it the whole time….
See what all the fuss is about for yourself and join me on the road to success. Book a free demo today at https://www.brightpay.co.uk.
(Bonus tip: Win the lottery and buy up all your competition. Now you are payroll King. Simples)
Nov 2018
28
Viva La Revolution - Client Payroll Entry is here
Eh yo where my payroll bureaus at? This blog is for you, my friends. You and those sexy accountants (yes there is such a thing). So let’s begin by talking about the most annoying thing in the world. No, no, not Becky from HR. I mean timesheets and recording employee hours for the payroll. Ugggggghh. Did you just feel me roll my eyes through the screen? I mean, being an accountant is great and all. An endless stream of attractive bedmates, invites to all the coolest parties. But the one thing that brings all that crashing down is having to deal with clients and their endless payroll data. Even worse are the endless errors and amendments of this payroll data that come back and bite you in the ass.
Payroll entry is a collaboration between accountants and their clients. It’s like an intricate dance, each relying on the other’s poise and grace. The problem is the client only did one ballet lesson back when they were 7, is stepping on your toes and elbowed you in the boob earlier. My point is, the current back and forth system is clumsy and time consuming. Clients keep track of their employees’ hours on timesheets (*shudders*), spreadsheets, word documents or sometimes even a napkin. Then they send it to the payroll bureau who is then required to input the same data manually into their own system and no matter how perfect accountants are, they are mere humans and also make mistakes. So the margin for error is maximised by this manual duplication of data entry.
Not only that, but it takes forever and let’s face it it’s boring. Those ballet classes are starting to look appealing. Hours are spent on this menial task of inputting payroll information into payroll systems. More often than not there’s at LEAST one thing that needs to be redone because Dean forgot to tell you that one of his employees died 3 years ago and that Niamh (who’s 37) should have been paying student contributions all this time but this is of course all your fault because you are the bureau, how could you have let this happen?! How dare you!
The problem is that you are normally drip fed this information and it can get so bad you have to hunt your client down, kick in their door in the middle of the night while pointing a shotgun in their face and screaming “WHAT WAS ABDULLAH’S OFFICIAL START DATE” to get any information around here! Well you can finally put that gun down because I have some good news for you! Brightpay have designed a new bit of kit as part of their BrightPay Connect Bureau Feature and it is a game-changer.
This new feature - called Client Payroll Entry - is precisely what it sounds like; a feature that gives payroll bureau the ability to send payroll requests to their clients. The client, (yes the CLIENT) then enters hours worked, additions, deductions and can even add new starters and all their details into BrightPay Connect through their online employer dashboard. The information entered by the client will then seamlessly flow through the portal and sync with the payroll software on the bureau's end! So this means:
- No more manual data duplication.
- Hours saved of administrative time (which could be spent down the pub or catching up on reruns of Four In A Bed).
- Increased transparency - no more being blamed for errors made by the clients as they now have control over their own data entry.
- No more having to ‘chase’ information and risk being jailed for life in the process.
- Automation will eliminate the email document exchange (woohoo!) and provide a more secure and accurate reading of timesheets.
- Potentially more ballet lessons?
So there you have it. Your payroll entry nightmare is now a seamless collaboration between you and your dance partner who is now as graceful as a gazelle and prancing around the place on their tiptoes while the crowds roar and throw roses at your feet.
Book your free demo today here.
Written by Aoibheann Byrne | BrightPay Payroll Software
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Nov 2018
28
Customer Update: December 2018
BrightPay announces API integration with The People’s Pension
BrightPay now offers direct integration with ‘The People’s Pension’. This integration links the payroll software and pension provider together so that users can seamlessly submit pension files to The People’s Pension from within BrightPay. With just one click, users can instantly submit contribution files to The People’s Pension, eliminating the need to export the file and then login to The People’s Pension portal to upload the file.
BrightPay Connect’s New Bureau Feature: Client Payroll Entry (NOW LAUNCHED)
BrightPay Connect’s newest feature gives payroll bureaus the ability to send payroll requests to their clients. Clients can enter payments, additions and deductions for their employees and can also add new starters through their online employer dashboard. The information entered by the client will seamlessly flow through to the bureau’s portal, ready to sync back to the payroll software. Book a demo to see how seamlessly this new feature works.
Find out more | Book a BrightPay Connect demo
Free BrightPay Connect’s New Bureau Feature: Client Payroll Approval (NOW LAUNCHED)
The Payroll Approval facility enables bureaus to securely send their clients a payroll summary before the payroll is finalised. Clients can then review and approve the payroll for the pay period through their online employer dashboard. Ultimately, your client will be accountable for ensuring that the payroll information is 100% correct before the payroll is finalised. Book a demo to see how useful this new feature will be.
Find out more | Book a BrightPay Connect demo
Switch to BrightPay today and get 50% off plus one FREE BrightPay Connect licence (worth £49)
New customers can now save when they switch to BrightPay. Get 50% off a BrightPay 2018/19 licence PLUS receive one free BrightPay Connect 2018/19 licence. Offer valid for 2018/19 licences for the first year subscription only.
Book a demo | Purchase BrightPay
5 star rating on Software Advice website
Software Advice is the leading software review website for businesses navigating the software selection process. We are delighted to say that BrightPay has maintained a five star rating ?????.
Review BrightPay here | Trial BrightPay here
What are the biggest GDPR advantages of BrightPay Connect?
BrightPay Connect is an online payroll and HR solution that offers significant benefits to help your business comply with GDPR legislation. BrightPay Connect is an add-on product to the payroll software. BrightPay Connect increases the efficiency and effectiveness of payroll work within the remit of the GDPR guidelines.
Gift your employees this Christmas with One4all
With HMRC's Trivial Benefits scheme, you can gift a benefit up to the value of £50 completely tax-free to every member of staff. Gift your employees this Christmas with a One4all gift voucher and save over £48 per employee. With thousands of stores to choose from, it's the perfect way to show your employees you care.
What do BrightPay Customers really think?
BrightPay has a whopping 99% customer satisfaction rating and has just been awarded the 2018 Payroll Software of the Year award. Here is what our customers say:
- Have used Sage before and BrightPay has better functionality and is easier to use. Tim, Alan Barker and Co
- Compared with the payroll software I used before, BrightPay is a joy to use. John, Acumen Business Services
- I have always found BrightPay easy to use and excellent value for money. Liz, North Star Payroll
- BrightPay is an excellent, easy to use product that has made my payroll processes fast, efficient and effective. Lesley Ann, Laws Accountants
Read BrightPay Customer Testimonials
Change announced to Apprenticeship Levy
The Chancellor Philip Hammond announced at the Conservative Party Conference that from April 2019 large employers paying the apprenticeship levy will be able to transfer up to 25% of their apprenticeship levy funds to businesses in their supply chain.
RTI - An Irish Perspective - Will it work in Ireland?
Ireland is set to follow in the footsteps of the UK and introduce Real Time Reporting which is called PAYE Modernisation in the Irish PAYE system. The Irish Government is recommending employers to prepare for PAYE Modernisation and familiarise themselves with their new responsibilities.
The Accountant’s guide to planning the tax return season - (Accounting Web blog)
Most people seem happy to let life drift along, accepting the ups and downs without trying to influence outcomes. While that can reduce the pressure on standard day-to-day activities, when it comes to the tax return season, a little positivity is a necessity, while a high degree of control freakery is almost certainly going to be even more helpful.
Find out what Philip Fisher thinks
Benefits of BrightPay Connect for Employers
Employers can login online at any time to see up-to-date payroll information. Payroll data is stored in the cloud and can be accessed online however the payroll itself must be processed on your existing BrightPay desktop application. BrightPay Connect is an optional add-on that offers employers flexibility and online benefits, thus simplifying the process of payroll management.
Find out more | Book a demo | Watch video
Data Protection complaints increase since GDPR
Data protection complaints to the UK’s ICO rose to 4,214 in July compared to just 2,310 complaints received in May before the GDPR came into force. A spokesperson for the ICO said the increase was expected, as more users became aware of data protection because of publicity around the new rules and following a series of high-profile data scandals involving some well-known household names, like Morrison’s and Dixons Carphone.
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Nov 2018
13
Simplify your annual leave management with BrightPay Connect
Annual leave management is something a lot of payroll and HR staff consider to be an administrative nightmare. Having to manually approve requests, keeping track of employees annual leave remaining and inputting leave into the payroll software can be a frustrating requirement that takes up far too much time.
Nowadays, people prefer an all-in-one, self-service option, so that’s what BrightPay offers. BrightPay Connect is a secure cloud add-on to BrightPay payroll software and simplifies the annual leave process.
Using BrightPay Connect’s intuitive self-service portal, employees can log in at any time, from anywhere. They can instantly request annual leave, view their annual leave remaining and access a personal calendar containing any upcoming booked leave or previous leave taken.
Once an employee has requested leave, the employer will receive a notification allowing them to either approve or deny that request instantly! Employers can also view a complete company-wide leave calendar showing all employees leave dates. Any leave approved by the employer or HR manager automatically flows back to BrightPay payroll software.
The annual leave management facility is only one feature unlocked with BrightPay Connect. To see more powerful features that BrightPay Connect can bring to your business, book an online demo now.
Written by Cailín Reilly | BrightPay Payroll Software
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Oct 2018
19
Announced Change to Apprenticeship Levy
The Chancellor Philip Hammond announced at the Conservative Party Conference that from April 2019 large employers paying the apprenticeship levy will be able to transfer up to 25% of their apprenticeship levy funds to businesses in their supply chain.
He is reported to have said “We have heard the concerns about how the apprenticeship levy is working, so today we’ve set out a series of measures to allow firms more flexibility in how the levy is spent. But we know we may need to do more to ensure that the levy supports the development of the skilled workforce our economy needs.”
The apprenticeship levy is paid by employers and will help fund new apprenticeships in the future. This levy of 0.5% is charged on employers’ pay bills which will be based on the total employee earnings subject to Class 1 secondary NICs. The levy is payable through Pay As You Earn (PAYE) and is payable alongside Income Tax and National Insurance.
Currently, an employer paying the apprenticeship levy can transfer up to 10% of their apprenticeship service funds to one other employer. In June this year Skills Minister Anne Milton announced that from July 2018 an employer paying the apprenticeship levy can make transfers up to 10% to multiple employers. This transfer option is the first large flexibility HMRC have offered to employers to assist in making apprenticeships work better for everyone.
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Oct 2018
8
Customer Update: October 2018
BrightPay wins ‘Payroll Software of the Year’
BrightPay was announced the winner of ‘Payroll Software of the Year’ at this year’s AccountingWEB’s Software Excellence Awards. It’s a great achievement for BrightPay to win this prestigious award, especially considering the number of larger software companies offering payroll.
Free CPD Webinar: GDPR 5 Months on!
This FREE CPD accredited webinar will look at what’s new in GDPR, how it may affect your business and what we have learned from the GDPR 5 months on. We will also have a look at how BrightPay can help your organisation utilise the new regulation to benefit you, your customers and your employees. The webinar will include a demo of how our new client entry feature can save you time and help you work towards GDPR compliance.
BrightPay Connect’s New Bureau Feature: Client Payroll Entry (Launching Soon)
BrightPay Connect’s newest feature gives payroll bureaus the ability to send payroll requests to their clients. Clients can then enter payments, additions and deductions for their employees and can also add new starters through their online employer dashboard. The information entered by the client will seamlessly flow through to the bureau’s portal, ready to sync back to the payroll software. Book a demo to see how useful this new feature will be.
BrightPay Connect’s New Bureau Feature: Client Payroll Approval Request (Launching Soon)
The Payroll Approval Request allows bureau users to securely send their clients a payroll summary before the payroll is finalised. Clients can then review and approve the payroll for the pay period through their online employer dashboard. Ultimately, your client will be accountable for ensuring that the payroll information is 100% correct before the payroll is finalised. Book a demo to see how useful this new feature will be.
New Customers: 50% Discount + 1 FREE BrightPay Connect Licence
New customers can now save when they switch to BrightPay. Get 50% off a BrightPay 2018/19 licence and one free BrightPay Connect 2018/19 licence. Offer valid for 2018/19 licences for the first year subscription only.
Book a demo | Purchase BrightPay
BrightPay secures investment from Hg
We are very excited to announce that BrightPay has secured investment from Hg, a specialist technology investor. This partnership benefits BrightPay as we can access the experience and support of Hg and its network, whilst retaining voting control of the business. “It’s great to secure an investment from a firm who both knows our market and has the experience to help us develop the business.”
BrightPay Connect: The GDPR Survival Toolkit
BrightPay Connect is tailored to help you overcome some of the key challenges that the GDPR presents when processing payroll. The payroll itself is still processed on BrightPay’s desktop application, however, the payroll information is stored online on a secure cloud server, allowing us to bring you even more benefits to help you with GDPR compliance.
BrightPay Connect: The perfect HR solution for your business
BrightPay Connect has built-in features giving employers an easy to use HR solution where employers can seamlessly manage employee leave and upload HR documents, such as contracts of employment. Employees can request leave through their employee portal or smartphone app. These features will automate and streamline many of the day-to-day HR functions that you deal with.
BrightPay Connect | HR features
72 Hours: The timeline of a GDPR breach
With the GDPR now in full effect, it is important to be aware of the consequences that apply to those businesses that have chosen not to comply with the new data protection legislation. Any company now found to not be in compliance can face a fine of €20 million or 4% of their annual turnover, whichever is greater.
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Oct 2018
2
Data Protection complaints increase since GDPR
Nearly 5 months since the General data Protection Regulation (GDPR) was introduced across all of the European Union, complaints around Data Protection have nearly doubled in the UK according to the Information Commissioner’s Office (ICO)
GDPR was designed to give Data Subjects more control over their personal data, with more transparency and the threat of larger fines to those in breach of the new rules. The GDPR requires any company that suffers a data breach to notify its users/data subjects within 72 hours of the breach being discovered.
• Data protection complaints to the UK’s ICO rose to 4214 in July compared to just 2310 complaints received in May before the GDPR came into force. A spokes person for the ICO said the increase was expected, as more users became aware of data protection because of publicity around the new rules and following a series of high-profile data scandals involving some well-known household names, like Morrison’s and Dixons Carphone.
• In July the ICO reported that since May 25th, it had seen a four-fold increase in the number of breaches that organizations were self-reporting.
Experts note, however that the increase’s do not mean that the number of data breaches has suddenly gone up, but rather reflects the full scale of the data breach problem becoming better known.
Organisations that fail to comply with GDPR can face fines of up to 4% of annual global revenue or €20 million, whichever is greater. So far none of the EU’s Data Protection Agency’s have levied any fines. Multiple DPA’s told the International Association of Privacy Professionals Advisor Newsletter that it is simply too soon.
We will be hosting a free online webinar on ‘GDPR 5 Months On’ on Tuesday October 16th at 11am, where we will look at the implications of GDPR on payroll processing and how employer’s can be demonstrate compliance by following a few, simple steps.
To register for this webinar please click here.
Sep 2018
21
BrightPay wins ‘Payroll Software Product of the Year’
BrightPay was announced the winner of ‘Payroll Software of the Year’ at this year’s AccountingWEB’s Software Excellence Awards. The winner was decided by a public vote held by AccountingWEB, whereby members were asked to rate the software systems that they use to determine the best products on the market.
It’s a great achievement for BrightPay to win this prestigious award, especially since it is a relatively new payroll system which was introduced just six years ago. BrightPay also has a 99% customer satisfaction rate, and is used to process payroll for over 120,000 businesses across the UK and Ireland.
Marketing Manager at BrightPay, Karen Bennett says: “We’re delighted to win this award, especially after coming so close last year. It’s fantastic for BrightPay and our team to be recognised by our customers and the AccountingWEB members, and a massive thank you to everyone who voted for us.”
Paul Byrne, Managing Director, says: “It’s a real pleasure and honour to receive this award. It’s great to see such recognition for all the hard work we have put in. We work hard each year to improve the BrightPay experience for all of our customers, both in terms of the payroll software itself and the customer support that we offer.”
We would like to say a massive thank you to everyone who voted for us this year and to all of our customers. Go team BrightPay!!
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Related Articles:
- The evolution of payroll & what does the future hold!
- BrightPay launches employee payroll smartphone app
- BrightPay Connect: The GDPR Survival Toolkit
Sep 2018
11
BrightPay secures investment from Hg
We are very excited to announce that BrightPay has secured investment from Hg , a specialist technology investor.
Hg’s structured minority investment strategy, Transition Capital, will fund the investment.
Transition Capital offers privately-owned businesses an attractive alternative to a minority equity sale.
This partnership benefits BrightPay as we can access the experience and support of Hg and its network, whilst retaining voting control of the business.
The Irish market continues to represent our core customer base where we expect to see further growth with the introduction of the PAYE modernisation legislation this coming January. Since we launched in the UK market, just six years ago, we’ve seen our UK customer base grow to an impressive 25,000 customers.
Our payroll software products will automate the tasks involved in the upcoming PAYE modernisation legislation. We have developed user friendly automation features to receive and send the required PAYE information to and from Revenue. Our aim is to target the many employers who are still processing their payroll on manual systems or spreadsheets. At BrightPay, we believe our products offer key automation functionality that can save our customers time and money.
Paul Byrne, Managing Director said:
“Our aim is to establish ourselves as the leading provider of payroll and HR software systems in the UK and Ireland. The combination of Hg’s understanding of the market and our innovative products will help us achieve these goals.”
Hg has many years experience operating in the payroll and HR space. The investment and partnership will allow BrightPay to leverage that expertise to continue to grow our market share in Ireland and the UK. It is fantastic to have a partner that shares our vision for the future and recognises the potential our products have. We’re excited for the future!!
Peter Miholich, Director, Hg, said:
“We have been really impressed by the dedication of the BrightPay team to delivering great software and outstanding service to their customers. We look forward to partnering with Paul, Ross and the team to take BrightPay to the next stage of its development, adding our experience and strong track-record of working with successful businesses in Accounting and Payroll software.”
About BrightPay Software
Established in 1991, BrightPay offers payroll, HR and accounting software products to Irish and UK businesses and accountants. We provide powerful software that is both cost effective and easy to use. Our suite of payroll and HR products save businesses a considerable amount of time by utilising automation and innovative technology. Currently, our products are used by over 120,000 (and counting) businesses across the UK and Ireland. We are a passionate team who strive on the excitement and challenge of continuous growth, improvement and development. Our plans for the future are big! https://www.brightpay.co.uk/
About Hg
Hg is a sector expert investor, committed to helping build ambitious businesses across the technology, services and industrial technology space, primarily in Europe. Deeply resourced sector teams focus on specific sub-sectors and investment themes to identify companies occupying an established position within a niche, and which have the potential to grow faster than their market, create employment and become the leader in their industry. Hg’s dedicated operations innovation team provides practical support to management teams to help them realise their growth ambitions. Based in London and Munich, Hg has funds under management of over £10 billion serving some of the world’s leading institutional and private investors. For further details, please see www.hgcapital.com
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