It’s pay day for your employees.
Last month you hired 4 new starters as business is booming, bringing your total employees to 40.
You’ve been working since 6AM but it’s now midday. You’ve not started your pay run.
You begrudgingly log in to your internet banking, and start paying everybody one by one, triple checking bank details each time so that Keith’s salary doesn’t end up in someone else’s pocket.
Two hours later, you’re done. Triple checking didn’t work though as Keith’s salary did in fact, end up in someone else’s pocket. And now you need to pay all your outstanding suppliers for this month too. Better order a pizza to the office tonight.
Sound familiar?
Business owners losing valuable time each month to important, but repetitive, tasks such as paying employees and suppliers is an all-too-common problem for SMEs.
At SAS we’ve solved this issue, by teaming up with the fantastic platform ‘Telleroo’ to offer paid payroll and bill payments as part of our Virtual Finance Team (VFT) service.
Telleroo is a platform that allows these payments to be processed in bulk. Suddenly paying 40 employees turns from manually processing 40 separate transactions, to simply paying one total amount to a dedicated bank account. Telleroo will then split this total out to all employees automatically.
Payments can be set up in advance too, so you can schedule everything a week early and take pay day off as holiday every month from now on.
We use Telleroo’s seamless integration with accounting and payroll software to generate employee/supplier pay runs and review all details to ensure the right payments are being made to the right place. As always, final sign off comes from you, the business, but after that Telleroo does the rest.
Turning paying employees and suppliers into a two-click process for you. Approval – Click, Payment of total funds – Click.
So, 2 clicks? Or 200 clicks and having to tell Keith where his salary has ended up?
