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SERVICES
What we offer
Payroll Management
At GenZed, we understand that recruitment agencies often have complex payroll needs, from managing the payroll of permanent team members to handling freelancers, bank staff, and contractors. Our payroll service is designed to streamline every aspect of payroll management for recruitment agencies, ensuring your staff—whether salaried or hourly—are paid accurately and on time. We also manage commissions, bonuses, and other variable pay structures, allowing you to focus on growing your agency without worrying about payroll complexities.
What We Offer
Comprehensive Payroll Processing
We handle all aspects of payroll processing, from calculating salaries to managing tax deductions and pension contributions. Whether you’re paying your internal team, freelancers, or bank staff, we ensure timely and accurate payments every time.
Complex Pay Structures Made Simple
We manage commissions, bonuses, and other variable pay structures seamlessly. Whether your team earns based on sales targets or specific placements, we ensure these earnings are calculated accurately and reflect the agreed terms.
Payroll for Freelancers and Bank Staff
Our payroll system accommodates both permanent employees and contingent workers like freelancers and bank staff. We make sure their hours, rates, and any additional payments are processed efficiently, ensuring they are paid correctly and on time.
Compliance and Accuracy
Staying up-to-date with HMRC regulations is crucial for avoiding penalties and ensuring compliance. We handle all aspects of payroll compliance, including tax filings, statutory payments like SSP, and auto-enrolment for pensions, minimising the risk of errors and keeping your agency compliant.
Seamless Integration
Our payroll services integrate directly with popular platforms such as Xero and Google Sheets, ensuring smooth data flow between payroll, bookkeeping, and financial reporting. This reduces manual work and ensures all financial records are accurate and aligned.
Detailed Reporting with Commentary
We provide detailed payroll reports, highlighting movements from the prior period, including new hires, salary adjustments, or bonuses. Our reports are supplemented with commentary to help you understand changes and make informed decisions.
LLM-Powered Payroll Insights
Our LLM tool offers instant answers to payroll-related questions, helping you understand salary changes, tax deductions, or bonus structures quickly. While the LLM is always available for fast queries, our expert team is also on hand for more in-depth analysis.
CSV File Preparation for Payments
We can provide CSV files ready for easy upload into your banking system, streamlining the payment process and reducing the risk of manual entry errors when transferring payroll funds.
How We Work
Customisable Payroll Dashboard
Our secure dashboard gives you real-time access to payroll data, with intuitive graphs and visuals that allow you to monitor wages, commissions, bonuses, and other payroll metrics. You can tailor the dashboard to your specific needs, ensuring that payroll information is always accessible and easy to understand.
Regular Payroll Reconciliations
We conduct regular payroll reconciliations, ensuring that all data—whether for permanent staff, freelancers, or contractors—is always accurate and up to date. This helps reduce errors and ensures payroll is processed smoothly.
Hands-On Service and Support
Our team provides hands-on support, ensuring that both you and your staff have access to answers whenever payroll queries arise. Whether it’s questions about commissions, bonuses, or statutory payments, we’re here to help.
Efficient Payroll for Freelancers and Contractors
We can manage the complexity of paying temporary workers. We track their hours, manage their variable pay rates, and ensure compliance with tax laws, making sure they are paid accurately and on time.
Why Choose GenZed?
When you choose to partner with GenZed for your payroll solutions, we help take the complexity out of payroll management, providing a comprehensive service that meets the unique needs of your recruitment agency. Whether managing payroll for your team, freelancers, or bank staff, mirroring and in-house finance department, we ensure everything runs smoothly. Let us manage payroll, so you can focus more on talent acquisition and growing your business.
– Comprehensive payroll management for permanent staff, freelancers, and bank staff, ensuring all workers are paid on time and accurately.
– Seamless handling of commissions, bonuses, and complex pay structures to ensure accuracy in all variable earnings.
– Integration with platforms like Xero and Google Sheets, streamlining payroll, bookkeeping, and financial reporting.
– Detailed payroll reports with commentary to help you understand any changes from the prior period.
– AI-powered insights from our LLM tool for quick answers to payroll questions, ensuring clarity on pay movements, deductions, and bonuses.
– Hands-on, personalised service, ensuring you and your team receive timely support for any payroll-related queries.
– Regular payroll reconciliations to keep all data accurate, reducing errors and ensuring compliance with HMRC regulations.
– Preparation of CSV files for fast, accurate payroll payment uploads to your banking system.
– Scalable payroll services that can grow with your recruitment agency as your team expands.
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EXPERT CONSULTANCY
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EXPERT CONSULTANCY
Book Your Free Consultation
Drive growth and streamline your finances with GenZed. Get free consultancy today and discover how we can support your recruitment agency’s success.