Food & Drink: Case Study 4

Background

A leading food manufacturer in the UK, required AAB to review their end to end payroll process to ensure they were processing payments in the most tax effective and accurate way whilst reducing the burden on their team that currently process the payroll, in house, as part of their finance function.

Our Approach

  • Gave the client peace of mind by reviewing and validating the current payment types processed through the payroll
  • Reviewed and improved the current benefit & P11D process
  • Provided accurate advice and support around payroll and Auto enrolment
  • Reviewed the current end to end process to review and propose more changes resulting in better support to the company and employees

The Benefits to the Client

  • Delivered a payroll solution including online payslips
  • Employee communications confirming changes to the monthly process
  • Identified tax efficiencies which saved the client over £6k
  • Provided a support desk for employees for queries in relation to payroll
  • The transfer of the payroll to AAB created a time saving in the team which allowed the client to focus on their core business
  • Provided comfort that the payroll was being processed accurately and timely
  • Removed the need for the client to invest money in additional software to support the payroll
  • Provided more detailed payroll reporting

The Plus Factor in Action

  • We helped our client make money by reducing the costs associated with running and managing the payroll in house
  • We saved our client time by reducing the amount of time being spent on day to day payroll processing
  • We gave our client peace of mind by taking away all the compliance burden and ensuring the payroll was being processed accurately
  • We supported them now and in the future by working as an extension of their team and providing accurate timely advice and support to help their business
More in this category: « Food & Drink: Case Study 3
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Key Contact

Derek Mair
Partner

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