Overview
What is Merit Payroll?
Merit Payroll is a cloud-based payroll and billing solution designed specifically for temporary recruitment agencies and umbrella companies. According to the vendor, the software aims to simplify and automate the payroll process, ensuring accurate and timely payments to temporary workers. It caters...
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Basic
$5,995
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Details
- About
- Tech Details
What is Merit Payroll?
Merit Payroll is a cloud-based payroll and billing solution designed specifically for temporary recruitment agencies and umbrella companies. According to the vendor, the software aims to simplify and automate the payroll process, ensuring accurate and timely payments to temporary workers. It caters to businesses of all sizes, from start-ups to large corporations, and is suitable for various professions and industries including temporary recruitment agencies, umbrella companies, healthcare staffing agencies, IT staffing agencies, and hospitality staffing agencies.
Key Features
Cloud-Based Payroll Solution: According to the vendor, Merit Payroll is a cloud-based payroll solution that allows users to access the software from any location and device with an internet connection. The software automatically updates to the latest version without manual installations or upgrades.
Compliance with Legislation: The vendor claims that Merit Payroll is compliant with GDPR, AWR, RTI, Off-Payroll in the Public Sector (IR35), and manages the Apprenticeship Levy and Pensions Auto-Enrolment. The software ensures adherence to the latest legislative requirements, reducing the risk of non-compliance and potential penalties.
Flexible Payroll Calculations: According to the vendor, Merit Payroll offers flexible payroll calculations to accommodate the unique needs of temporary workers. The software handles variable hours, overtime, and different pay rates, ensuring accurate and timely payments.
Timesheet Management: The vendor states that Merit Payroll provides efficient timesheet management, simplifying the process of capturing and managing timesheet data. Users can easily enter, validate, and approve timesheets, streamlining the payroll process and minimizing errors.
Holiday Pay Management: According to the vendor, the software includes features for managing holiday pay. Users can calculate and track holiday entitlements and payments, setting up various holiday options such as holiday on overtime, daily, hourly, or value-based accruals.
Invoicing Capabilities: Merit Payroll offers invoicing capabilities for limited companies, allowing users to generate and send invoices to clients. The software streamlines the invoicing process, ensuring accurate and timely billing for temporary recruitment agencies and umbrella companies.
Integration with Front and Back Office Systems: The vendor claims that Merit Payroll seamlessly integrates with front and back office systems, eliminating the need for manual data entry. The integration enhances data accuracy and reduces administrative tasks, improving operational efficiency.
Secure Payslip Portals: Merit Payroll provides secure payslip portals for workers, allowing them to securely view and download their payslips online. The feature enhances transparency and accessibility to payment information.
Bulk SMS Communication: According to the vendor, the software offers bulk SMS communication functionality. Users can send important updates and notifications to workers and clients, ensuring effective and timely communication while reducing manual efforts.
Custom Branding Options: Merit Payroll allows users to customize and brand their payroll outputs per client. Users can manage, view, and brand their payroll outputs, maintaining consistent branding across client communications.
Merit Payroll Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Web-Based, Windows, Android, iPhone, iPad |