Accountancy firms can add umbrella services to their commercial proposition be deploying Solutio payroll software. Compatible with existing IT and CRM platforms, Solutio empowers accountancy businesses to diversify into the temporary staffing payroll arena.
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In the meantime, if you require more information regarding the Solutio platform, please do not
hesitate to email firstname.lastname@example.org or call 0203 819 7970.
Many traditionally structured accountancy firms are considering incorporating payroll
functionality into their service offerings particularly in light of impending IR35 reform to the
private sector due to be introduced in April 2020. Accountants have typically attracted
clients from the private sector and the new legislation dictates that employers will have to
determine their IR35 status before the beginning of the new tax year. Given that
accountants manage the tax affairs of these clients, it is only logical that they are adding
umbrella services to their portfolio.
Historically, accountants tend to have closer commercial relationships with their clients than
umbrella companies who operate remotely and, in some instances, invisibly. To provide a
comprehensive and client umbrella payroll service, accountancy firms will be required to
adapt their procedures as they, potentially, will be responsible for defining the professional
status of their contractor clients.
Enabling Solutio, will equip accountants with the fundamental processes, payroll capability
and reporting mechanisms required to offer their clients a legitimate umbrella service. Fully
compliant and feature rich, Solutio has been developed to empower accountants (and other
industries) to deliver fully compliant payroll services irrespective of sector.
Provides accountancy firms with the technical infrastructure required to provide
legitimate umbrella payroll services to clients and their supply chain. All models
catered for including Umbrella, PAYE, CIS (Construction Industry Scheme) and
Incorporating automated umbrella payroll capability into an accountancy firm is a
natural extension of core services that can prove commercially lucrative particularly
given the continued growth of the contingent workforce and so-called ‘gig
Solutio can be quickly deployed within an accountancy firm at minimal cost and
enables the company to begin offering payroll services without vast capital
investment. Existing clients have suggested that one payroll professional can manage
in excess of a thousand workers once they have been trained to use the Solutio
Cloud-based accountancy portal and self-serve worker app enable instant
onboarding (and offboarding), assignment, timesheet and expenses management,
plus visibility of all supply chain data transactions and payments.
Fast & transparent ‘one-click’ payroll processing irrespective of client volume or
transaction complexity. Solutio automatically connects to HMRC in real-time via APIs
to ensure compliance and transparency.
Independent operating system fully compatible with third-party CRM and back –
office software platforms integrated via APIs and webhooks. Runs payroll without
logging out of other systems.
Comprehensive pay and bill capability provide total accuracy and forensic financial
reporting tools including automated self-bill, remittances and bank reconciliation.
Enhanced auditing capability to prove compliance.
Itemised and compliant payslips illustrating gross & net pay, NLW, NMW, allowable
expenses & all other statutory deductions. White label option available enables
payslips to incorporate firms’ (or end-user clients) brand identity.
Cutting-edge & customisable 3D Solutio analytics dashboards utilising OLAP (Online
Analytical Processing) drag and drop technology enables detailed data analysis, real-
time business intelligence and invaluable company insights.
Highly secure coding and system architecture hosted on a UK-based Google payroll
engine. Fully compliant with all facets of GDPR (General Data Protection Regulations)
introduced in 2018 and SSAE-18* SOC 2 (System and Organisation Controls) ‘best in
class’ software. * SSAE-18 (Statement on Standards for Attestation Engagements – 2018)
To find out more about how Solutio can enable accountancy firms to diversify into the
umbrella payroll arena, please do not hesitate to arrange an initial conversation with Sophie Law via email@example.com or 07789 488 081. Sophie will also be delighted to
organise an online demo to illustrate the power of the system and how it can transform
accountants’ commercial proposition.
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