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Can Bureaus offer
Auto Enrolment as
a Chargeable
Service?
1 | P a g e
Auto Enrolment - A Chargeable Service?
There is a huge amount of uncertainty surrounding the
changes to workplace pensions law for employers. Small
businesses will be concerned about what is involved for
them and their employees. According to research carried
out by the Pensions Regulator, just 59% of small and micro
businesses due to stage in 2016 are even aware of their
staging date.
The regulator handles thousands of queries about Auto
Enrolment every month with the top three queries
encompassing employer duties, declaration of compliance and staging dates.
Further research indicates 78% of small businesses will look to their bookkeeper,
accountant, payroll bureau or advisor for advice and counsel.
Employers unprepared for Auto Enrolment
1.2 million small and micro businesses have started to reach their staging date
since June 2015. Payroll advisors are more than aware that the majority of these
employers will not have the knowledge or experience to make informed
decisions when it comes to their auto enrolment obligations. With a vast
quantity of information available, employers are fast becoming confused and
overwhelmed as to what their responsibilities for auto enrolment actually are.
For the majority of these employers this will be their first experience to review
any kind of pension scheme for their
employees. The fact also remains is that
many employers lack the capacity and
ability to handle these additional payroll
tasks. For many employers, implementing
any new system can be a daunting, nerve-
racking and downright scary experience to
grasp.
2 | P a g e
Opportunity for Payroll advisors
Payroll bureaus need to decide if they are ready or prepared to take on Auto
Enrolment business. With many shying away from offering this as an extra
service, bureaus will need to determine what kind of information and support
they will offer to help their clients comply with these new AE duties. Advisors will
find that a large portion of these employers will
contact them very close to or even after their
staging date.
In addition, clients will have an expectation that
their payroll providers will present this Auto
Enrolment advice in a way that is easy to
understand, relevant and actionable. Bureaus
do have a short window of opportunity to
position themselves as experts in this ever increasing cluttered space. The
experience and expertise of payroll bureaus can help employers understand
what they need to do to be fully AE compliant.
A Chargeable Service
Payroll bureaus that want to succeed in this competitive industry will need to
predict the evolutionary needs of their clients. It is imperative to establish
themselves as a proactive rather than a reactive auto
enrolment advisor. Bureaus will naturally increase their
profits by providing this commodity where they can
orchestrate the necessary level of service in exchange
for an initial set up fee plus a monthly retainer to
manage the ongoing auto enrolment duties.
Additionally, if these bureaus offer other services such
as bookkeeping, tax returns, audits, management
accounts, etc they will have a new platform to reach
and upsell to this new audience. You will find employers
3 | P a g e
will be happier to consolidate all their outsourcing services to one person or
advisor. Follow the rainbow, win new business, keep your existing clients
and count those golden coins. If you don’t, sooner or later, a competitor or
true maverick will sneak up behind you and steal your pot of gold.
With a combined payroll and auto enrolment solution in place, bureaus will
benefit from greater efficiency, increased value and improved cost savings.
BrightPay is an easy to use auto enrolment solution that can provide everything
you need to provide a profitable auto enrolment service to your clients.
Through BrightPay’s bureau package you can benefit from unlimited employers,
unlimited employees and unlimited support.
BrightPay Key Take Aways
Be Ready: Be prepared to ensure you are a credible authority of all
employer auto Enrolment duties and obligations.
Auto Enrolment: Make sure you have the correct software and systems
in place to prepare your clients easily for Auto Enrolment. Be aware that
some payroll software packages will only partially handle AE.
Costs: Be aware of hidden costs when researching Auto Enrolment
solutions. You need to think about any limitations when it comes to the
number of employers or employees.
Customer Support: Support can be a function that payroll bureaus
forget to consider. Confirm that support costs are included or
inexpensive with your chosen solution.
Open for business: Be proactive and inform your clients that you are
open for Auto Enrolment business.
1.
2.
3.
4.
5.
4 | P a g e
Improve the Profitability of Your Bureau Service Today
BrightPay are offering all Accounting Web Members 50% off a BrightPay
2015/16 Bureau Licence when you switch from another payroll provider.
To redeem, call 0845 300 4304 or email sales@brightpay.co.uk and
quote ‘Accounting Web’.
* Offer applies to new customers who switch to BrightPay from another payroll software provider for the first
year subscription only. This offer applies to BrightPay 2015/16 bureau licence only and does not work in
conjunction with any other offer.
5 | P a g e
99.4%
Customer
Satisfaction
Rate
98.8% of
Customers
Recommend
BrightPay
98.5%
Satisfied for
Customer
Support
6 | P a g e
BrightPay Testimonials
“A breath of fresh air!! Uncomplicated, user friendly payroll
software that is RTI compliant and flexible enough to handle
any of the requirements you may have for payroll.”
Quintin Scott, Accendo Accountants
“Having used Sage and various other payroll programs until recently, I must
tell you how much of a joy your program is to use - straightforward,
attractive and well thought out; I only wish I had found it sooner!
I will definitely be advising all new clients that BrightPay is the way to go
for payroll. Keep up the good work BrightPay!”
Jordan Dickens, Dorset
“We've only been paying anyone since April - I tried a couple of other
payroll systems first and found them clumsy, confusing and generally
painful to use. Once I discovered BrightPay I suddenly stopped
dreading the weekly payroll and wondering how on earth I would
ever know if HMRC got our submission!
Gemma Jones, Brothers Wines
“Your level of customer service is outstanding. I have been using the
software since 1990 and must confess that this high level of
professional, courteous and timely support is not very common.
Victor Ayoola, Chancelleur Consulting & Accounting Services

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Can Bureaus offer Auto Enrolment as a Chargeable Service?

  • 1. Can Bureaus offer Auto Enrolment as a Chargeable Service?
  • 2. 1 | P a g e Auto Enrolment - A Chargeable Service? There is a huge amount of uncertainty surrounding the changes to workplace pensions law for employers. Small businesses will be concerned about what is involved for them and their employees. According to research carried out by the Pensions Regulator, just 59% of small and micro businesses due to stage in 2016 are even aware of their staging date. The regulator handles thousands of queries about Auto Enrolment every month with the top three queries encompassing employer duties, declaration of compliance and staging dates. Further research indicates 78% of small businesses will look to their bookkeeper, accountant, payroll bureau or advisor for advice and counsel. Employers unprepared for Auto Enrolment 1.2 million small and micro businesses have started to reach their staging date since June 2015. Payroll advisors are more than aware that the majority of these employers will not have the knowledge or experience to make informed decisions when it comes to their auto enrolment obligations. With a vast quantity of information available, employers are fast becoming confused and overwhelmed as to what their responsibilities for auto enrolment actually are. For the majority of these employers this will be their first experience to review any kind of pension scheme for their employees. The fact also remains is that many employers lack the capacity and ability to handle these additional payroll tasks. For many employers, implementing any new system can be a daunting, nerve- racking and downright scary experience to grasp.
  • 3. 2 | P a g e Opportunity for Payroll advisors Payroll bureaus need to decide if they are ready or prepared to take on Auto Enrolment business. With many shying away from offering this as an extra service, bureaus will need to determine what kind of information and support they will offer to help their clients comply with these new AE duties. Advisors will find that a large portion of these employers will contact them very close to or even after their staging date. In addition, clients will have an expectation that their payroll providers will present this Auto Enrolment advice in a way that is easy to understand, relevant and actionable. Bureaus do have a short window of opportunity to position themselves as experts in this ever increasing cluttered space. The experience and expertise of payroll bureaus can help employers understand what they need to do to be fully AE compliant. A Chargeable Service Payroll bureaus that want to succeed in this competitive industry will need to predict the evolutionary needs of their clients. It is imperative to establish themselves as a proactive rather than a reactive auto enrolment advisor. Bureaus will naturally increase their profits by providing this commodity where they can orchestrate the necessary level of service in exchange for an initial set up fee plus a monthly retainer to manage the ongoing auto enrolment duties. Additionally, if these bureaus offer other services such as bookkeeping, tax returns, audits, management accounts, etc they will have a new platform to reach and upsell to this new audience. You will find employers
  • 4. 3 | P a g e will be happier to consolidate all their outsourcing services to one person or advisor. Follow the rainbow, win new business, keep your existing clients and count those golden coins. If you don’t, sooner or later, a competitor or true maverick will sneak up behind you and steal your pot of gold. With a combined payroll and auto enrolment solution in place, bureaus will benefit from greater efficiency, increased value and improved cost savings. BrightPay is an easy to use auto enrolment solution that can provide everything you need to provide a profitable auto enrolment service to your clients. Through BrightPay’s bureau package you can benefit from unlimited employers, unlimited employees and unlimited support. BrightPay Key Take Aways Be Ready: Be prepared to ensure you are a credible authority of all employer auto Enrolment duties and obligations. Auto Enrolment: Make sure you have the correct software and systems in place to prepare your clients easily for Auto Enrolment. Be aware that some payroll software packages will only partially handle AE. Costs: Be aware of hidden costs when researching Auto Enrolment solutions. You need to think about any limitations when it comes to the number of employers or employees. Customer Support: Support can be a function that payroll bureaus forget to consider. Confirm that support costs are included or inexpensive with your chosen solution. Open for business: Be proactive and inform your clients that you are open for Auto Enrolment business. 1. 2. 3. 4. 5.
  • 5. 4 | P a g e Improve the Profitability of Your Bureau Service Today BrightPay are offering all Accounting Web Members 50% off a BrightPay 2015/16 Bureau Licence when you switch from another payroll provider. To redeem, call 0845 300 4304 or email sales@brightpay.co.uk and quote ‘Accounting Web’. * Offer applies to new customers who switch to BrightPay from another payroll software provider for the first year subscription only. This offer applies to BrightPay 2015/16 bureau licence only and does not work in conjunction with any other offer.
  • 6. 5 | P a g e 99.4% Customer Satisfaction Rate 98.8% of Customers Recommend BrightPay 98.5% Satisfied for Customer Support
  • 7. 6 | P a g e BrightPay Testimonials “A breath of fresh air!! Uncomplicated, user friendly payroll software that is RTI compliant and flexible enough to handle any of the requirements you may have for payroll.” Quintin Scott, Accendo Accountants “Having used Sage and various other payroll programs until recently, I must tell you how much of a joy your program is to use - straightforward, attractive and well thought out; I only wish I had found it sooner! I will definitely be advising all new clients that BrightPay is the way to go for payroll. Keep up the good work BrightPay!” Jordan Dickens, Dorset “We've only been paying anyone since April - I tried a couple of other payroll systems first and found them clumsy, confusing and generally painful to use. Once I discovered BrightPay I suddenly stopped dreading the weekly payroll and wondering how on earth I would ever know if HMRC got our submission! Gemma Jones, Brothers Wines “Your level of customer service is outstanding. I have been using the software since 1990 and must confess that this high level of professional, courteous and timely support is not very common. Victor Ayoola, Chancelleur Consulting & Accounting Services