Take the hassle out of your business payroll and opt for a fully managed payroll service with PayEscape. We not only provide excellent payroll services but we provide full management in-house.
A fully managed payroll service refers to outsourcing the entire payroll process to a third-party service provider, us. Managed services handle all aspects of payroll administration, including the following:
By outsourcing payroll to a fully managed service provider like PayEscape you can benefit from expertise in payroll regulations and tax laws, reduce the risk of errors and compliance issues, and improve overall efficiency in managing payroll functions.
Cloud-based payroll software operates by utilising cloud computing technology, which means that the software and data are stored on remote servers and accessed via the internet.
Delegate your payroll operations to a third party payroll provider such as PayEscape.
PayEscape’s integrated HR and payroll software offers a prime solution, combining powerful HR functionality with robust payroll capabilities.
5* Service & Support
Fully Managed Software
ISO 27001 Certified
HMRC Recognition
BACS Approved
Many businesses decide to process payroll manually on their own when first starting out. While this doesn’t incur third-party costs, it can be difficult as your business must keep track of many different types of employment records when you start paying employees. These records include income tax withholding, Social Security tax and federal unemployment tax. When you have more than a few employees, the payroll process becomes very difficult to manage on your own. We recommend using fully managed payroll software if you are processing payroll for anyone other than yourself.
Filing payroll taxes carries its own unique set of rules and regulations from HMRC. It’s vitally important to stay compliant. By Choosing PayEscape to be your payroll provider you can rest at ease that the legal requirements are handled efficiently and on time so your business will not deal with a lump sum fine.
When employees have issues with getting paid on time, or they have to question the amount they may look elsewhere. By investing in fully managed payroll for your business you can take the stress of employee retention away knowing that your team will be paid correctly and on time each month.
Pay Calculation for managed payroll involves several key processes. It requires updating information for new hires and terminations, ensuring all staff movements and variable payments are accounted for in each pay period. By choosing a fully managed payroll system you can save time and money and leave the pay calculations to the experts.
We ensure your pension schemes are set up within the payroll system. Conducting pension calculations to determine contributions and benefits, generating pension reports alongside regular financial reports for comprehensive tracking. Additionally, clients are required to inform PayEscape of Opt-in and Opt-out notifications for pension schemes.
At PayEscape, we offer comprehensive Payslip and P45 Options as part of our fully managed payroll services. Through our user-friendly PayEscape portal, employees can conveniently access their payslips online via the Employee Self-Service (ESS) feature. Additionally, when employees leave the company, we issue P45 forms promptly and make them available through the PayEscape portal’s ESS functionality.
Each pay period requires RTI Electronic submission to HMRC, meeting regulatory standards. This process encompasses managing PAYE and RTI submissions, including payments if necessary, along with withholding tax, National Insurance, and other statutory obligations based on received data. Reduce the risk of errors, compliance issues and save time by choosing PayEscape.
PayEscape ensures comprehensive reporting, offering a range of standard reports for each pay cycle. These include Payslip Summary, Pension Summary, Pay Component Breakdown, Pay Method per Employee, and the crucial P32 for HMRC liability tracking. Additionally, we provide PayEscape standard reports for streamlined processing. For annual requirements, we offer P11d completion for Benefit in Kind reporting, with an optional additional fee.
The funding options for payroll include direct payment by the client to employees and HMRC, facilitated through BACS Payment Services, ensuring prompt payment from the client’s UK bank account to the intended recipients. This covers disbursing net pay to individual staff members, as well as any necessary payments to HMRC and pension contributions. Funds are transferred by the client for subsequent distribution, covering employee net pay, HMRC payments, and pension contributions as required.
Need help to understand what solution is best for your business?
PayEscape created web-based technology that manages payroll and has the ability to be integrated with HR and time management systems. PayEscape technology lets you maintain control of your data, get real-time access to your payroll costs, and gives you customised reporting each month. Personal employee data, payroll and tax information, payslips, and HMRC filing is also managed through our secure technology.
Here at PayEscape we make sure we are transparent with the services we offer to our clients, below you can see the Payroll processing, reporting and support we provide for a smooth and client-happy journey. Please get in touch here to find out more information with our fully managed payroll services.
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Using our cloud-based software we manage all aspects of your payroll process. From calculating your payroll taxes and filing with HMRC to managing all components of auto enrolment and so much more. Whether it’s reimbursement or pre-tax benefits we’ve got it covered.
Our HR platform lets you manage all aspects of your HR administration. With HR Escape can approve and monitor holiday, record working time and calculate wages, allocate time and staff expenses to clients, projects, and activities, and much more.
Payescape Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017 (register number 821826) for the provision of payment services.
