| Most large companies use BACS to make salary | | | | your service provider, you prepare payroll data on |
| payments directly into employees' bank accounts. | | | | the forms provided and transmit this to your |
| Automating payroll services through the BACS | | | | payment service provider by the day it is due to |
| Payment Scheme, originally known as Banker's | | | | be processed. You can transmit your payroll data |
| Automated Clearing Services, gives companies | | | | in spreadsheet or csv file format, or it can be |
| the means to ensure fast, timeous payment of | | | | faxed if necessary. The service provider will send |
| salaries electronically. If you are a small or medium | | | | the details to BACS on your behalf, a checklist is |
| enterprise, you may be considering moving your | | | | sent to you for authorisation and you can make |
| payroll services onto the BACS direct credit | | | | amendments or add new employees if necessary. |
| service in order to increase efficiency and lower | | | | Payments are made directly into accounts and |
| your carbon footprint. SMEs using manual payroll | | | | payslips are generated which can either be posted |
| systems are using resources that could otherwise | | | | or emailed to employees. |
| be invested in core business functions. There are | | | | Find the right payroll company for your needs and |
| more efficient payroll solutions, including | | | | the benefits will speak for themselves. Moorepay |
| contracting payroll out to a BACS Bureau. | | | | Limited is a commercial BACS approved bureau |
| Why use a bureau? Well if you are an SME, your | | | | providing secure, internet-based payment services. |
| turnover may not be high, you may not meet all | | | | We specialise in providing payroll services to SMEs |
| the criteria for direct payment through BACS and | | | | and, as the first computer bureau in the UK, have |
| you may only need to service a small payroll. You | | | | over forty years experience of payment services |
| need to obtain a BACS user number from your | | | | provision. |
| bank and once your account has been set up by | | | | |