Company Overview
Dec 04, 2014
Company Overview
Who are Moorepay?
Founded in 1966, Moorepay is one of the UK’s leading payroll, HR and compliance providers.
Part of NGAGlobal HR market-leader
Breath of Service
Honesty
Efficient Reliable
Peace of Mind
Technology
Why Moorepay?
Running a business is never easy…
Payroll HR Compliance
Maternity and Sick Pay
Payroll Processing and
Pay Slips
Complex Legislation
Year End Returns and RTI
Employee Records
Working Conditions
Holidays and Absence
Management
Performance Management
HMRC
HSE
Ministry of Justice
Data Protection
The Moorepay Proposition: An Integrated HR and Payroll solution…
Moorepayhr
Managed
Payroll
Online
Payslips and
P60’s
Reporting
Functionality
HR
Functionality
Auto
Enrolment
T@A
Channel Package Proposition
Auto Enrolment
Time and Attendance
Sta
ndalo
ne /
C
om
plim
enta
ryPa
ckage O
pti
ons
1 2 3Payroll + + HR + AE
Managed PayrollCloud-based HR
Software
Online Payslips
Holiday Bookings
Real Time HR Reports
Mobile App
HR Advice
Cloud-based input
BACS Payments
Auto Enrolment
Pension Interface File
HR Documentation
Managed Auto Enrolment
Record Keeping
Communication
In addition to package 1 In addition to package 1
& 2
Package One: Payroll +
2 + HR
3 + AE
1 Payroll +
Managed Payroll
Online Payslips
Cloud-based Input
BACS Payments
Auto Enrolment
Pension Interface File
HR Documentation
• End-to-end payroll processing
• HMRC compliant • Payroll Frequency
• Weekly • Monthly• Fortnightly• Periodically
• Cloud-based payroll input
• Online payslips / P60’s• P11D reports• Timesheets via self-
service• BACS payments• Third party payments• Subject matter experts• Disaster recovery• Payroll reports
Payroll
• Set up pension scheme on payroll
• Enrol eligible employees• Calculate contributions• AE reports• Additionally, can provide
pensions interface file
Auto Enrolment (AE)
• Contracts of employment
• Company handbook• Principal statement• Documentation & letter
pack• HR podcasts
HR
3 + AE
Package Two: + HR
1 Payroll +
• Cloud-based – accessible anywhere, anytime
• Fully integrated with payroll
• Record employee information
• Record safety incidents• Record performance
reviews• Book holidays
• Team planner• Sickness planning
• Analyse and share HR data
HR Software
• Edit personnel details• Book holidays • View payslips• Browse company
directory
Mobile App
2 + HR
Cloud-based HR Software
Holiday Bookings
Real Time HR Reports
Mobile App
HR Advice
• HR advice and support via telephone and email
HR
Package Three: + AE
1 Payroll +
• Moorepay help manage the entire AE process
• Send all relevant communication to employees via self-service or by post
• Record all employee decisions at each period
• Provide detailed reports - employee and employer contributions, opt-ins /
opt-outs, new starters and leavers etc.
• Employees’ can view pension contributions and opt-out via self-service
• Upload interface file to the Pensions Provider
Auto Enrolment (AE)
2
3
+ HR
+ AE
Managed Auto Enrolment
Record Keeping
Communication
Rate Card
Service Overview
Fully Managed Bureau BACS
Payroll
Ensure your employees are paid accurately… on-time, every-time
Online Holiday & Absence
Management
Payroll Integration
All Employee Data Accessible
Additional Modules &
Functionality
HR Software
Moorepayhr is a cloud-based integrated HR & Payroll solution
Full Integration
Streamlined Processes
Reduced Admin
HR +
Intelligence
Accessibility
Why Moorepayhr?
Benefit Overview
Owner Manager Employee
Improve productivity
Freedom to concentrate on your business
Data security
Increased operational efficiencies
24/7/365 access to information
Reduced HR administration
Monitor teams attendance and
performance
Real time MI
Request holidays & edit personal
information
View payslips online
Increased data accuracy
Zero training required
What is Compliance?
Protection
Knowledge
Learning
Documentation
H&S Management
SoftwarePlus – HR Analytics
Moorepayhr
Advice Line
Legal
What is Auto Enrolment?
All businesses are now required by law to automatically enrol all eligible workers into a workplace pension and make a contribution to it.
People are living longer
Not saving for their retirement
Put in place to avert national bankruptcy
Why?
Your staging date
October 2012 -February 2014
1st June 2015 -1st April 2017
1st April 2014 -1st April 2015
May 2017 -February 2018
2018Small
49 employees or less
Medium50-249
employees
Large250+
employees
NewEstablished
after April 2012
An employer’s staging date depends on the size of their company... 18 months
to plan
The penalties
Penalties will be issued if you don’t comply with statutory notices.
Number of Employees Prescribed Daily Rate
1 - 4 £50
5 - 49 £500
50 - 249 £2,500
250 - 499 £5,000
500+ £10,000
Escalating daily rate
Fixed £400 penalty
Administrative Nightmare
Heavy administrative burden including 30+ tasks that need to be carried out or monitored:
Re-assess over 30 tasks
every pay run
Keeping audit recordsMake communications to
employees within time limits
Accept applications from non-eligible employees
to opt-in
Auto-enrolling eligible employees
Reporting to the Pensions Regulator
Re-enrolling opting out employees every 3 years
What we’re doing…
• Pension Scheme set up• Postponement periods
can be applied• Enrolment of eligible
employees • Default contribution for
employees and employers
• Calculation & deduction of pension contributions
• Stop opt-outs from joining the Pension Scheme
• Standard monthly reports:
• Enrolled employees• Eligible employees
• Nest AE interface file• Generic AE interface file• Bespoke reports
(Additional Cost £)
• Cloud-based software• Compliant in 5 easy
clicksFeatures:• Pension scheme
generation • Workforce analysis &
auto enrol in two easy clicks
• Automatically send all communications to employees
• Employee Self service – Contributions, Documentation and Statements.
• Detailed Reports: Pension summary of employee and employer contributions
• Pension File sent directly to Pension Provider and, in some instances, automated.
• Full audit trail
• AE Software (Package 2) with a Managed Service
• We’ll manage the whole auto enrolment process for you!
Standard AE Software AE Managed
• Unlimited Advice in relation to AE available in all packages
• Step-by-step guidance• Pin-point your exact staging date• Detail your responsibilities
• Provide letter templates for every scenario
• Q&A: ask us any auto-enrolment questions
• Lead gen tool
Advic
e
Line
5 Simple Clicks – AE Software
Manage the whole process in 5 simple clicks with our cloud-based Auto Enrolment Software.
Our software will help you meet regulations while allowing your people to plan for the future with minimum effort or fuss.
Competitors
Pro’sRelationship: Trust the accountants get it right
All under one roof: Keeps the businesses financials together for control and visibility
Ease: Easy option for them when they first started to recruit
Fixed Charges: Accountants offer monthly charges for doing everything for the client
Cost: Some accountants process payrolls at low cost to win and retain the other more profitable works
Why do clients Use an Accountant
Con’sBACS Payments: Most accountants are not BACS accredited, making it impossible to offer a secure payments solution as part of the payroll function. Moorepay was the 1st online BACS accredited bureau in the country. Reporting; Most accountants only offer basic reports as part of the payroll solution. Moorepay can virtually produce any bespoke report a client requires. Expertise: Accountants are tax and vat experts. We are payroll experts. As a group we sit on the advisory board of HMRC Service: Most accountants generally have one person that processes payroll for all clients with limited contingency for sickness, holiday, meetings and breaks. Moorepay offer a payroll team giving clients answers quickly from people that are familiar with the clients payroll. Conflict of interest: Accountants/Auditors checking own work. Accountants can be the independent eye checking our work Cost: Hidden charges within packaged pricesHigher Rates: Moorepay offer clear pricing model so that clients know exactly what the charges are and only pay for what they actually use. Moorepay can offer more competitive prices than accountant 70% of the timeBasic Service: Unable to offer integrated solutions or web based payslips Basic Reports: Only able to offer online archive for reports Harder to move away: Accountants use payroll as the glue between them and the client giving them regular contact to help protect the other services that make them more money such as Audit fees.
Pro’sControl: Businesses can run the payroll whenever they want and give them flexibility to
change things.
Cost: For smaller payrolls and excluding resources, payroll is generally cheaper to in house
Tight Turnaround: If a client has a late cut offs for the payroll this would generally be run in house
In-house Payroll
Con’sKnowledge: Business may not have the required knowledge to run a in house payroll and with legislation changes such as RTI this can make payroll more difficult to run in house
Contingency: IT issues could result in payroll being run late or not at all
Single point of failure: Being reliant on one individual could result in employees being paid late or not at all
Business Continuity: Major disaster such as a fire/gas leak, or theft from office break in could result in employees being paid late or not at all.
Resource Efficiency: Time spent doing payroll when other activities can be done doing other things