Real-time payroll
Everyone knows that payroll is stressful, with huge peaks in demands and teams rushing to complete all the important tasks to submit. Right?
That doesn’t have to be the case anymore.
With the first true real-time payroll engine, People First has changed the face of payroll forever.
We can help you:
- Say goodbye to the mad dash to fix payroll errors at the end of the cycle
- Boost your employees’ financial wellbeing as they get a clearer picture of their pay
- Minimise the blocks that come from HR processing new starters and leavers, overtime or expenses
Evolve your payroll
Real-time insights
Give everyone across your business a clear picture of what’s happening in payroll. Payroll teams can identify where errors are happening and track trends, helping them make key decisions effectively. The business, and your employees, will get the extra resilience they need to deal with stressful times.
Support financial wellbeing
Providing employees with real-time payroll insights allows them to have a full understanding of their pay slip, from overtime and expenses to tax and salary sacrifice, allowing them to plan their personal costs in advance.
With a boost to their financial wellbeing, employees will be a lot less stressed, letting them deliver their best work.
Keep HR moving
HR have an ever-growing list of admin tasks to complete, but payroll processes can put pause on a huge number of them, bogging everything down.
With People First Payroll, the whole process is switched. The real-time engine is stopped for payroll to run, rather than started, which means HR can always input their admin without having an impact on payroll. No more delays, no more backlog – it’s a win, win!
Book your People First payroll demo now
The future of payroll
In an uncertain market, resilience is key. To be adaptable to every unexpected change, you need real-time insights to help aid decision-making. With our real-time payroll engine, you’ll have sight of the latest data and people costs…
Accurate, pain free payroll
With our real-time engine, you can see up to date payroll information immediately, ensuring you can always check for any errors and fix them well before pay day.
Remove the compliance headache
Our payroll solution is regularly updated to ensure compliance with the latest UK legislation to avoid the risk of fines for inaccurate FPS
Reduce payroll queries
Through interactive payslips employees gain great visibility of their payslip, and payroll teams can reduce the number of employee queries they receive on pay day, getting crucial time back.
Support financial wellbeing
With an up-to-date view of pay, broken down by gross salary, sacrifice schemes, tax and overtime, employees can understand variances in their pay to make better financial decisions.
Easily accessible
Using mobile-first software, it’s easy for HR and payroll teams and employees to check pay information wherever they are
Get insights from your data
With real-time data at your fingertips, it’s easy to compare pay periods and understand changes to your gross payroll costs to aid decision-making and planning
Learn more
Real-time payroll FAQs
Real-time payroll means that instead of a cut-off period and manually triggering calculations, a real-time payroll engine runs a continuous calculation so that any changes to an employees payroll record are visible immediately, without having to wait until the end of a pay period.
No. Real-time payroll removes cut-offs you usually get, this means HR and payroll can make changes to starters, leavers, and update existing employee records – balancing the workload across the month instead of creating peaks of work at the end of pay periods or when the system is open for HR to make changes again.
Real-time payroll provides greater visibility of real-time finances. This enables operational agility that is so important for building organisational resilience. It also helps businesses build employee resilience by enabling employees to make greater financial decisions.
No! Because the calculations are continuous, an employees payslip updates with any changes made, in real-time. That means employees have greater visibility of what they’re earning, as they earn it – improving their financial decisions and financial wellbeing.
No. Most require a set cut-off date for some initial calculations to be made. This locks out other users from making changes to HR or payroll records and means figures for a pay period can only be viewed retrospectively.
People First Payroll is scalable – it works for organisations that decentralise core payroll processes and want to empower employees to create the employee resilience needed to build true business resilience, irrespective of how many employees they have.