Making manual salary payments is a time-consuming process, with a human element that increases the risk of error and your employees not getting their pay on time.
HR Solutions offer BACS (Banker’s Automated Clearing Services) as part of our overall Payroll Services. Using BACS to manage your payments will ensure that you pay your employees the right amount at the right time. The process is remarkably simple and requires minimal effort on your part every pay round.
Once you sign your payroll off we generate and submit the BACS file to the bureau for processing. On your designated payday salaries will automatically transfer from your payment account to your employee’s accounts as cleared funds, meaning that they can use the money immediately.
BACS can be used to pay:
Wages and Salaries
HMRC PAYE Payments
Creating the BACS payment file is a straightforward process that generates just one debit on your account, eliminating the need to track multiple individual payments. Furthermore our Payroll team will be on call to support you and to help ensure that all your details are correct.