Payroll

Payroll Services

Globus provides a comprehensive payroll service that not only makes organisations more efficient and current, but also improves the employees’ payroll experience because we believe that efficiency and staff experience go hand in hand. Employees want timely and accurate salary payments and employers want access to real time information (RTI) and a smooth and accurately delivered payroll service.

Our skilled teams take responsibility for processing and managing a client’s payroll while answering employee queries and liaising with third party agencies like HMRC, pensions providers and local authorities.

Who’s payroll outsourcing for?

We deal with all the firms where there are provision of salary, right from small start-ups, big enterprises to accounting firms we provide a fully managed payroll service for a range of organisations. We also provide specialised payroll services to suit certain sectors and run a daily payroll for a number of recruitment agencies.

What are the benefits of outsourcing payroll?

  • Reduce cost:Control administrative spending whilst continuing to improve payroll efficiency. It’s not uncommon for our clients to reduce in-house payroll costs by up to 40-50%
  • Accuracy:Many businesses pay a penalty for late and inaccurate filings. Our current payroll accuracy rates meet the SLAs defined by our clients at 99.6%
  • Direct deposit:Setting up a direct deposit for your employees can be a nuisance if you don’t use an outside payroll service. We’ll set you up on a direct deposit, eliminating the pain of processing and reconciling checks.
  • Up-to-date:Tax codes and legislation keeps changing – do you want to keep up with the latest? We use payroll software that is HMRC compliant and RTI-ready. These include but are not limited to Safe Tempest Software, Merit, Sage, and Payroll Manager
  • Less admin:Our clients might know how to process payroll but that doesn’t mean they enjoy it. They prefer generating revenue, not handling administrative tasks
  • Forget filing requirements:We’ll file PAYE and NICs for you on time.
  • We help you avoid late penalties
  • Independent IR 35 reviews
  • Up to date accounting and tax solutions
  • High quality service at low cost
  • Consolidation of it infrastructure
  • Highly qualified & experienced accounting personnel
  • Accounting staff available on demand

You give us the basic required payroll data as per payroll requirements (monthly/weekly; candidate details) and we will take care of the rest.

Apart from pre and post payroll services, we also offer:

  • Processing Time-sheets (including online timesheets)
  • Processing SSP, SMP & Holiday Pay
  • Generating pay slips for PAYE Candidates
  • Raising Sales Invoices
  • Raising Self Billing
  • Detailed Payroll reporting
  • Production of necessary forms and reports
  • Year-end payroll
  • RTI Submissions
  • Assistance with PAYE Audits
  • Complete support to handle queries

Why Globus?

  • With a reliable team adept with the latest accounting and payroll softwares, you can avail benefits of state-of-the-art business processes, technology and analytics and achieve compliance by leveraging experienced experts. Again, this is especially valuable for smaller companies who cannot afford the financial and time investment in building a robust team.
  • Getting us onboard will help the kind of overnight scalability that you desire by meeting your back office needs in a timely, cost-effective manner.
  • The companies who have a clear focus on growing the business and have minimum concentration on company management, we provide maximum support in streamlining your books while you focus on your business and save your energy in administering the issues.

Day-to-Day Financials

  • Vendor & Debtor Reconciliation
  • Payroll & Gratuity Distribution
  • Bank Reconciliation
  • Sales & Property Tax
  • Monthly Financial Statements
  • Annual Audit Package
  • Weekly/monthly payroll
  • Statutory deductions
  • Customised payroll reports
  • RTI submission and statutory compliance