As we are a Bacs approved Bureau we are subject to strict guidelines and security checks to enable us to pay your salaries and PAYE as mentioned on this site free of charge. However we can also pay your suppliers direct through this simple and secure method helping you ensure your suppliers payments continue to be paid safely, on time and help give you a clearer overview of cash flow.
Avoid the hassle of writing cheques which can be costly and time consuming. We have invested in specialised Bacstel-IP software from one of the leading providers, Albany Software so we can offer you direct Bacs payments with high levels of security in a very simple way.
“Since 1989, Albany Software has continued to develop an award-winning portfolio of innovative solutions to transform financial processes catering for all businesses regardless of type or size.
Albany offers a broad range of software and online services which are both cost effective and secure; from processing Bacs, Faster Payments or Global Payments transactions, through to account validation, Direct Debit collections management and electronic document distribution.
Originally established to provide one of the first Bacs solutions, Albany now holds a significant share of the Bacs market and works closely with various industry bodies and member banks to ensure high quality solutions meet the demands of the customer base. As a leader in its field, Albany was the first company to achieve Bacs approval for its Faster Payments Secure-IP software product in 2009, and in 2011 Albany was also first in the industry to achieve the Payments Council accreditation for their bank and sort code validation solution.
Albany Software’s enviable market share and vast customer base is testament to the broad appeal of their powerful offerings and outstanding reputation.”
INFORMATION TO HELP SETUP BACS
All you need to do is speak to your Business Bank Manager, apply for a Bacs User number and complete an Indirect Submitter’s form to link with our Bureau and attached is detailed information to help you.
Once you are linked we can complete a test to ensure everything is set up and working and ready to go! From then on all you have to do is send us an excel spreadsheet with the necessary details to pay (we will send you an example of this straightforward file) 3 working days prior to payment date.
We also charge per Bacs file transmitted and not per individual Bacs transaction within the file so this could work out a great saving for you. The charge for this service is £45.00 per file transmitted.
To find out more please ring Leah or Victoria on 01934 643804.