Let’s explore how linking your payroll up with The People’s Pension can cut out the uphill climb of pension contribution submissions.
Having your payroll run smoothly is important when it comes to pensions. It’s how the contributions get paid to help people save for their futures. With everything else employers have to focus on, downloading pension files and then uploading them to a pension provider, like The People’s Pension, can sometimes feel like an uphill struggle, especially when things don’t go to plan.
Payroll integration allows your payroll software to link up to The People’s Pension (or another provider). It can turn climbing up a mountain into a simple walk in the park. It eliminates the hassle of keying in data, completing spreadsheets and correcting errors. Data is sent seamlessly all at once, with one click. A lot like how you send RTI (real time information) submissions to HM Revenue & Customs.
Not all pension providers offer an integrated service. But this option is available to you with The People’s Pension.
Employers and payroll professionals, big and small, are looking to payroll integration to help them manage their workplace pension data more efficiently. In 2021, submissions to The People’s Pension using payroll integration increased by 37%*.
We want to give businesses a quick and simple way to manage their workplace pensions with us. We work with some of the leading payroll software providers to bring payroll integration to all businesses – no matter what their size. Take a look at who’s already with us and see if you can lighten your load with payroll integration.
Turn that mountain into a molehill
Recently, we sat down with Sage to talk about the benefits of payroll integration and how to set it up using their Sage 50cloud software. If you use this software, there’s no better place to start than here. The webinar lets you know how payroll integration is faster, more secure and more accurate. It also includes a step-by-step demo showing you how to link Sage 50cloud to The People’s Pension.
You can watch the webinar recording, ‘Sage 50cloud Payroll Webinar – Pension Data Exchange with The People’s Pension’, to find out more.
Submitting the data is seamless
Let’s hear from someone who’s already integrated their Sage 50cloud software with The People’s Pension – Praful Shah, of Shah P J & Co Ltd, who has been using payroll integration for around 3 years to manage their 47 clients with The People’s Pension said:
“By connecting our Sage 50cloud payroll software with The People’s Pension using Pensions Data Exchange, it’s made managing pension data simpler and saved us hours of time. Submitting the data is seamless. I recommend anyone to get on board with payroll integration.”
What if I’m not with Sage?
You don’t have to be with Sage to benefit from payroll integration. If you’re interested, the best place to start is by speaking with your payroll software provider to see if they’ve already integrated with The People’s Pension. If they haven’t or you don’t have a payroll provider, you could use PensionSync. They’re a technology platform for managing your pension with many of the leading workplace pension schemes. To find out whether your payroll provider is already linked up with The People’s Pension or whether they use a company like PensionSync, visit our payroll webpages.
*From January to December 2021
This article was written when we were B&CE, before we changed our name to People’s Partnership in November 2022.