Payroll management is a fundamental aspect of running a business, and it comes with its share of challenges, from ensuring timely payments to navigating complex tax calculations. The satisfaction of employees and the overall success of a business can be significantly influenced by how effectively this essential task is handled.
Astria Payroll places a strong emphasis on providing a seamless and worry-free experience for businesses. One of the key components of our approach is our payments service, which has allowed us to streamline our end-to-end payroll process, ensuring that employees are paid accurately and on time.
In this article we’ll introduce our two payment solutions which aim to simplify the payments process, and enhance payment security and confidentiality.
Astria has partnered with Paygate and Modulr to offer payment solutions to suit all our clients needs. Mitigating payroll errors is a paramount concern for Astria, and our integrated payment solutions play a significant role in achieving this goal. Our payment solutions ensure that your employees consistently receive accurate and punctual payments. We understand the critical importance of keeping employee payment information confidential. With our payments processing service, we take measures to safeguard client data, ensuring that only authorised individuals have access to it.
Astria Payroll and Paygate: A Unified Approach to Payroll
Paygate – BACS processing
By choosing Astria, our clients gain access to a comprehensive payroll solution powered by Paygate. This collaboration offers several benefits:
- Enhanced Security: We prioritise the security of client processes and files, ensuring that sensitive information remains protected.
- Time Savings: Astria assumes responsibility for managing payroll tasks, saving valuable time for our clients.
- Fixed fee which is cost efficient for clients with more than 40 employees.
Modulr: Enhancing Payroll Security
Payroll is not only about ensuring timely payments but also about maintaining the security and integrity of these transactions. That’s where Modulr comes into play, adding an extra layer of security to payroll process.
- E-Money Institution: Astria Payroll partners with Modulr FS Ltd, an authorised E-Money Institution regulated by the Financial Conduct Authority (FCA). This partnership enables Modulr to issue electronic money, safeguard client funds in e-money accounts, and provide related payment services.
- Modulr operates within the Payment Services Regulations (PSRs), ensuring funds are managed in accordance with industry standards.
- Ultimate Protection: Funds related to e-money are held separately from Modulr’s own funds, providing an added layer of protection against potential risks related to Modulr’s financial stability.
- Flexible pricing, ideal for clients with less than 40 employees.
Modulr gives our clients the confidence of final control over payments, with ultimate authorisation lying with them.
Astria aims to transform payroll into a secure, efficient, and hassle-free task. If you’re interested in exploring these possibilities for your business, we encourage you to get in touch. Discover the difference of a payroll partnership that’s dedicated to your success, and take the first step toward simplified, secure, and seamless payroll management.
