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Jan 2021

19

4 ways to introduce payroll as a service to clients

More than ever, accountants are under pressure to diversify their service offering as the profits from doing compliance increasingly diminish. To the profession’s immense credit, firms have embraced new ways of working to not only stay afloat but thrive.

But with more competition, it’s become hard to stand out. Offering payroll services has become an overlooked way to set yourself apart. Perhaps understandably: in the past, payroll processing wasn’t a particularly dynamic, easy or, most importantly, profitable service to offer.

Things have changed, however, with the advent of new software that has made offering payroll services more profitable, simpler and innovative.

Thesaurus Connect and Cloud Access

Thesaurus Connect is a cloud add-on that seamlessly slots into Thesaurus Payroll Manager on your desktop. The payroll is still processed on the Thesaurus Payroll Manager desktop application, but the payroll information is stored online on a secure cloud server. By introducing the cloud into your payroll services, you can demonstrate value and power up what you offer to clients.

Here are four ways you can introduce a cloud system with payroll access like Thesaurus Connect to clients:

  1. The client self-service dashboard: Clients can see their employer details, employee's contact details and payslips, any outstanding amounts due to Revenue and any reports from the payroll software. It’s a collaborative sort of payroll processing that clients will never have experienced before. 
  2. The employee smartphone and tablet app: Not just employers, but their employees too. The self-service app provides a digital payslip platform which employees can access anytime, anywhere. Through the app, your client can offer employees GDPR compliant self-service tools. 
  3. Annual Leave Management Tool: It’s not just payroll or payslips. Thesaurus Connect can save your clients money and time with an in-built leave management tool in the self-service portal. Approved leave is automatically added to the employee calendar with full visibility for both clients and their employees.
  4. Secure Cloud Backup: Clients will get the safety and security of a cloud payroll backup when you use Thesaurus Connect. The software will securely backup payroll files to the cloud where a chronological history of backups will be maintained which can be restored at any time.

Make your and the client’s life easier 

There’s so much complication in our modern economy. Businesses and individuals are assaulted on all sides by different technologies and demands for their attention and time.

But it’s important to remember that the right tech can also radically simplify peoples’ lives too. Thesaurus Connect, with its suite of HR-centred features, will make payroll processing simple and collaborative.

By empowering your clients via the cloud add-on, you’ll lessen the admin burden on yourself, leaving you to focus on getting the details right. For your client (and their employees), Thesaurus Connect will give them control over their leave and payroll data.

Things can – and should – be much simpler. And with Thesaurus Connect, that’s the new reality of payroll processing. Book a demo of Thesaurus Connect today.

To keep up with the latest payroll news, check out our new Bright website. There, you'll be able to register for any of our upcoming payroll webinars and download our payroll guides.

 

Posted byZoe ColverinAnnual LeaveEmployee Self ServicePayroll Software