Recruitment agencies looking for an alternative to outsourcing their payroll to an umbrella company should consider the services offered by Pay2U. We have a deep understanding of how the temporary contracting market operates and our company has been structured to serve as a genuine external payroll partner to work alongside recruitment businesses.
Quite apart from managing the payroll function, Pay2U provide a genuine end-to-end ‘white-labelled' and fixed price contractor management facility which begins the moment a candidate contacts your agency. On your behalf, we provide a thorough onboarding and registration service to ensure that all contractors are verified by Right to Work checks and validated with HMRC prior to the creation of assignment contracts.
Once fully registered, we ensure your contractors are fully prepared for their assignment, in addition to maintaining a dialogue with them throughout their contact period. We also deal with any queries throughout the process to eliminate any administrative burden on your teams.
All you have to do is send us the assignment days/hours and rates to enable us to manage all aspects of the payroll process. Our comprehensive service takes care of everything including calculating all transactions, distributing payslips, HMRC submissions and reporting back to the agency.
These two graphics provide a snapshot of the processes and procedures that Pay2U can manage on behalf of recruitment agencies. In essence, Pay2U operate as an agencies onboarding, payroll, finance and contractor support departments, but without the vast overheads and hassles associated with creating these teams in-house.
