8th January 2020
In an ever-changing payroll world PAS accreditation is critical to mitigate risk to your payroll.
The creation of innovation and delivery of customer excellence through professionally trained staff, are key to delivering an efficient, compliant payroll. The Chartered Institute of Payroll Professionals (CIPP) are in complete agreement. And, FMP’s outsourced payroll services team secured PAS accreditation for the third time!
PAS – The Flagship audit solution
The Payroll Assurance Scheme (PAS), is the gold standard for processes and people from the CIPP. The scheme is the only voluntary accreditation in existence that can offer employers confidence in their payroll services. Furthermore, the audit procedure was approved and developed in partnership with HMRC.
UK payroll team gets better and better
FMP, the multi-award-winning UK payroll outsourcer, was one of the very first companies in the UK to achieve accreditation, back in July 2015. The company was then reaccredited in August 2017 before being assessed again in November 2019.
In their report, CIPP commented “There have been many changes and improvements made since the last accreditation. FMP are continuously enhancing their services and in particular in relation to innovations in automation. With this comes the inevitable improvement to efficiency. FMP has an excellent Continuous Improvement ethic and a proven track record of such.”
Should I only outsource my payroll to a PAS accredited supplier?
When a company achieves PAS status the payroll and associated processes have been audited by CIPP. The audit determines whether the supplier is fit for purpose and whether they have suitable processes in place for preparing and delivering legislative change.
PAS demonstrates that the organisation is dedicated to compliance and best practice in payroll. Furthermore, it shows that a company develops and retains great staff to deliver exceptional customer service.
With multiple expanding risks to payroll from legislative and HMRC compliance, through to internal and external fraud, it’s time to reconsider things in 2020.
Want PAS accredited payroll?
FMP knows that every business is different so we provide a broad range of flexible payroll solutions, from fully managed payrolls to bureau solutions. Our payroll services team has the expertise and technology to guarantee that your payroll is turned around quickly and accurately every time, for everyone. Read our brochure to find out more.