1. HMRC Real Time Information

As you may be aware, the HMRC are planning an overhaul of the PAYE system by introducing the collection and automated submission of employee Real Time Information (RTI). Employers will be required to pay their employees via Bacs, which proposes to include the RTI data as part of this submission going forward. Whilst it is still early days, various key industry players - including Albany Software as an approved Bacs solution provider - are in discussions regarding the impact that this new concept will introduce and how best to efficiently incorporate its requirements. Read more »

2. Success of event & International Payments

In alliance, Albany Software and Travelex Global Business Payments recently hosted a successful International Payments event at the London Stock Exchange with industry experts Chris Skinner who discussed his vision on the delivery of the SEPA promise, Neil Graham spoke on how to improve the efficiencies of global transfers, and bureau customer, Employer Services Ltd, shared their international payment processing experience.  By leveraging foreign exchange expertise, sound processes and proven global routing, organisations can maximise global business while significantly reducing the costs and risks associated with making cross-border payments. Learn more »

3. GO Outdoors goes with Albany

By enabling GO Outdoors to automate their supplier payments, phase out the use of cheques and electronically distribute the associated documentation, Albany is helping them to save approximately £9,000 annually in stationery, postage and resource costs. By implementing a solution whereby the entire process could be managed electronically, GO Outdoors gains more control over the way they pay their suppliers as well as reducing needless paper consumption. Learn more »

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