A Payroll Company with a fully integrated online Umbrella Payroll service for Recruitment Agencies, contractors and end users. This paperless system saves processing time and cost. FOR IMMEDIATE RELEASE
My-Umbrella.net
Here is a Payroll Company that can offer a fully integrated online solution for Recruitment Agencies, contractors and end users whereby timesheets can be submitted, approved and authorised online, along with expense claims. This paperless system achieves a substantial reduction in processing time and cost.
In the current challenging market conditions companies are now looking for ways to reduce costs. My-umbrella.net also offers to contractors the option to be paid through an Umbrella Company that provides a PAYE payroll that allows the contractor to offset business expenses against income, thereby reducing the tax bill and increasing take home pay. Recruitment agencies that choose to pay their contractors through an Umbrella Company can immediately save up to 12.8% of salary costs, and benefit from the further cost saving achieved through My-Umbrella.net online processing.
Online software brings with it improved agency /contractor / client communication. The contractor and agency are able to monitor the whole payroll process, manage all aspects of their contracting workload and the client can overview the contractor resources and approve invoices online. My-Umbrella.net systems are designed with protocols that almost eliminate the opportunity for human error.
In summary the service includes:
- Online Timesheets
- Online Expenses Submission
- Online Timesheet Authorisation
- Online End client Authorisation
- Online Candidate Referral
- Online Invoicing
- Online Live Status Updates
- Online Contractor Diary Management
The Advantages to the recruitment agency are:
- Statutory Employment liabilities are transferred to My-Umbrella.net
- Public and Employers Liability insurance is covered by My-Umbrella.net
- Reduction in the administration costs of each contractor
- Reduction in the Employer National Insurance costs
The Advantages to the Contractor are:
- Ability to offset legitimate business expenses
- Increased take home pay – if they don’t we will tell them
- Ability to pay the correct tax on a weekly basis
For more information on how My-Umbrella can achieve this call 0161 713 1730 or visit My-Umbrella.net
| 
Digg it
