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Fourth is the leading cloud-based, end-to-end provider of hospitality management systems in the world.
This includes a comprehensive Payroll Bureau service specialising in the needs of UK-based hospitality businesses, as well as bespoke solutions for companies operating in Jersey, Guernsey and the Isle of Man.
Fourth's Bureau service is one of a very small number of firms in the UK that has proven 'Best Practice in the Development of Payroll People' after it was accredited with a Payroll Quality Partnership (PQP) by the Chartered Institute of Payroll Professionals (CIPP).
PQP demonstrates Fourth's Bureau and its payroll professionals provide customers with the highest level of value and service, a status all the more noteworthy as fewer than 50 companies have received the industry-wide "kite mark".
In addition to the specialised knowledge associated with processing of hospitality sector payrolls, the Payroll Bureau Team comprises highly skilled, quality focused and service dedicated payroll professionals with extensive legislative knowledge, formal payroll qualifications and are regularly trained to keep their knowledge up to date and accurate.
Key features
- Web based payroll system is uniquely integrated with HR/Rotas/Tronc/Benefits Modules for real time results.
- Rotas module allows managers to schedule, forecast and manage their labour costs proactively.
- Time and Attendance - Direct transfer of hours automatically into the rotas at the swipe of a fingertip. Allows for absenteeism and punctuality to be monitored effectively.
- Extensive range of reports including report writer tool.
- HMRC accredited and is kept up to date in line with current legislation.
- Electronic data exchange with HMRC.
- Channel Isles BIK and ITIS/SI reporting compliance.
- Option to have online/email or traditional paper payslips.
- End of Year Processing - filing of P14's/P35 to HMRC electronically and offer P11D Service.
- Proof of Eligibility functionality - Copies of documentation can be stored online in employee records and alerts generated when visas are due to expire.
Why use Fourth's Payroll Bureau service?
- Fourth has saved clients an average of between 2% and 7% in both wages and cost-of-sales.
- The system enables businesses to reduce, manage and sustain KPIs.
- By using Fourth's service, full compliance with current legislation is adhered to.
- Users find it easy to learn and simple to use.
- The application is built specifically for the hospitality sector.
- The system significantly reduces central administration and managers' admin time.
- Fourth provides complete on-demand business intelligence and reporting - one version of the truth.
- Proof of Eligibility Service has proved to be extremely successful and has identified a number of illegal workers.
Fourth's Payroll Bureau service is constantly innovating...
- Rotas module allows managers to schedule, forecast and manage their labour costs proactively.
- Tronc module is automatically populated with approved hours from the rota and distributes tip amounts among the employees working a particular shift.
- Automatic Holiday Calculations - based on 12 weeks or 52 weeks. Ensures holiday pay for employees dependent on how often they work and how many hours per shift.
- Rotas & Tronc modules are linked to payroll and once submitted, these hours are then automatically fed through to pay the employees.
- Time and Attendance - Direct transfer of hours automatically into the rotas at the swipe of a fingertip. Allows for absenteeism and punctuality to be monitored effectively.
- NMW compliance - Reports to show whether NMW is not being met in situations where tips are used to top up with alerts when employee's change age and NMW bracket
- P11D Service that guides the customer through every step of the process and benefits module that is simple to use and uses data stored in other modules to calculate accommodation/private medical/loans etc.
- We do not impose restrictive deadlines on our clients and will accept changes up to 2pm on the day BACS is due to be sent.
- Newly launched Proof of Eligibility Service enables payroll bureau team to provide specialist advice on documentation required, based on an employees nationality. Copies of documentation can be stored online in employee records and alerts generated when visas are due to expire. Payroll Bureau also ensures that employees are not paid until full eligibility has been provided with correct documentation.
For more information, please contact us
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