Bacs Accredited Bureau Services

When you’re looking for a payroll provider, one of the key things to look out for is whether they are a Bacs Accredited Bureau.

Here at Easy PAYE, we’re proud to be a fully accredited Bacs Bureau, meaning we’ve got the necessary skills, knowledge, and experience to make payments by electronic transfer on your behalf.

Before RTI, the PAYE system had changed very little since it was introduced in 1994.

Bacs is a payment system used in the UK to directly move funds from one bank account to another. Operated and managed by Bacs Payment Schemes Limited, a company made up of 16 of the UK’s leading banks and building societies, Bacs provides a fast, safe, and secure method of making payments.

Before RTI, the PAYE system had changed very little since it was introduced in 1994.

Bacs payments offer a whole host of benefits to businesses of all shapes and sizes, including:

  • Simple, easy to use system
  • Fast payments, meaning you can hold onto your cash for longer
  • Efficient payments remove the elements of risk associated with cheques and other traditional payment methods
  • Enhanced security allows you to make payments with confidence
  • Payments can be made on your behalf by an approved bureau

A Bacs Accredited Bureau is a company (just like Easy PAYE) that has been inspected by Bacs and formally accepted onto their system.

All Accredited Bureaus have to undergo a thorough, initial inspection to ensure that their processes, procedures, and security are up to scratch. Once a bureau has been approved, they then have to undergo regular audits to ensure that their standards don’t slip.

There are a number of reasons to choose Easy PAYE a Bacs Accredited Bureau service.

A Bacs Accredited Bureau will help to take the stress out of your payroll, making payments by electronic transfer on your behalf. Using the Bacs payment system, an approved bureau will be able to make payments to your employees, HMRC, and any other third parties. And, because all Bacs Accredited Bureaus are subject to strict guidelines, regulations, and security checks, you can rest assured that your payments are in safe hands.

Ultimately, when you choose a Bacs Approved Bureau, such as Easy PAYE, you can rest safe in the knowledge that they can make payments on your behalf. What’s more, outsourcing this task will save you time, money, and resources.

Becoming a Bacs Accredited Bureau certainly wasn’t a walk in the park!

To achieve this status, we underwent a rigorous approvals process that looked at all aspects of our business. Firstly, they looked at our security systems and procedures, ensuring that both our premises and our systems were unquestionably secure.

Next, they looked at our operations and procedures in depth to ensure that everything was in order. And we’re pleased to report that we passed the test! So you can rest assured that your Bacs payments are in the safest of hands.

For further information about our Bacs Accredited Bureau services, or to discuss your requirements further, please get in touch – our skilled and experienced team are always happy to help!