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Real-Time Payroll

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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 
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Evolve your payroll

Woman smiling as her compliance legislation is always up to date with our real-time payroll.
Manage risk and compliance
Stay aligned with legislation and eliminate the risk of double entry or human error, thanks to our 99.999% accuracy rate.
Woman smiling after not having any payroll cut-off dates to adhere to.
Reduce payroll cut-offs
There’s no need to rush to reach cut-offs when everything updates in real-time!
woman smiling at laptop after having no interruptions in her processes due to automated workflows.
No interruptions for HR processes
Keep things operating smoothly even when there are interruptions, such as new starters, salary changes, or overtime requests.
People First real-time data showing in dashboard view
Real-time data
The entire organisation can use the latest payroll data, boosting the efficiency of teams from HR to finance.
People First showing real-time payroll immediate impacts on the business
Show immediate impacts
Show the changes that will occur from any tweaks to pay straight away, both for individuals and for the organisation at large, letting everyone get a clear picture.

Real-time insights
People First real-time payroll shown on desktop screen with total gross pay for all employees over a calendar year

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. 

Supporting financial wellbeing
Two colleagues smiling at a laptop as they are able to see earnings in real-time.

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
Employee no longer tied to his laptop due to multiple employee questions coming in around their payroll. With People First real-time payroll they can see exactly where there earnings are going

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

Book a demo

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

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Future of Payroll Guide

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People First Brochure

Discover how People First can help you simplify your working day and create connectivity across your entire workforce, providing a real-time picture of your people.

People First Brochure

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. 

 

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