Payroll Data Plus have passed rigorous inspection and audit checks, both by our sponsoring bank and the Payroll Data Plus organization, and has achieved the status of approved commercial bureau. So, no more cheque writing. Staff salaries can be paid in one sum from you direct to their bank accounts. Compared to writing expensive cheques and reconciling bank statements you will save hours every month.
How secure is the system?
Absolutely secure. Payroll Data Plus will not transmit payment transactions on your behalf until we have been authorized to do so.
As a further check, on the day the transactions are to be processed you would receive from them a detailed listing of the payments to be credited with any exceptional amounts highlighted. Bacs gives you until 3 pm to extract any or all of the transactions. Bacs is the basis of all money transfers in the UK and is the envy of many other countries’ banking systems.
Does everyone have to be paid this way?
No. You can pay staff by Bacs, cash, cheque or bank transfer, and use any combination of payment methods on a payroll run.