Calverton launch new in-house Pay & Bill solution for recruiters
Independent invoice financier, Calverton Finance, has launched an industry leading pay & bill solution for the recruitment sector.
With all the pressures and uncertainty recruitment businesses are facing, they often don’t have the time or expertise to effectively manage their workers’ payroll or contractor payments.
It requires a unique set of skills, the right software, and up to date knowledge of ever-changing legislation such as IR35 and auto-enrolment.
Calverton Pay & Bill is an innovative best in class solution that covers the entire pay and bill cycle; from timesheet entry, payroll processing, invoicing, and much more…
And because it’s an in-house solution new and existing clients benefit from seamless integration with their invoice finance facilities.
Calverton Pay & Bill comes with:
- No setup fees or hidden costs
- Fully managed and compliant Pay & Bill Service; including PAYE
- HMRC reporting; including RTI submissions and Employment Intermediary Reporting
- Full pension service; including calculation of pension contributions and administration
- Electronic timesheets
- An online portal for workers to view their timesheets, payslips, and outstanding holiday entitlement
- Full GDPR compliance
- The ability to white label in the clients’ brand
With over 22 years’ experience of financing and supporting the growth aspirations of recruitment businesses, Calverton Finance was uniquely placed to build a simple, easy to use, and accurate solution that reduces processing time and saves cost.
Lisa McCulloch, operations director at Calverton Finance said: “This is a very exciting time for Calverton as we have invested in a piece of software which has been specifically designed around the needs of the recruitment industry. We have been in discussions with our current recruitment clients to find out exactly what would help them with their back office. We are also one of the only Pay & Bill providers that do everything under one roof sitting alongside our Invoice finance arm of the business. Like most businesses, we have a challenging year ahead, but we are determined to help all SME’s where we can. This Pay & Bill solution will alleviate pressure on all recruiters, giving them more time to concentrate on running the business rather than worrying about current legislations and whether their workers are being paid on time”.