We understand that choosing the right payment method is not always simple, so to make things easier, we’ve put together some benefits to using Bacs, and how using Garbutt + Elliott’s Bacs Payment Services could be the right choice for your business!

Bacs stands for Bankers’ Automated Clearing System and is one of the most reliable payment methods used in the UK. In 2020, 345 million payroll related payments were made using this method.

One of the best features of using Bacs is its adaptability for payroll. Most payroll and accounting software supports Bacs files which makes sending Bacs a simple and straightforward process. This easy approach discards the need to track multiple payments, and eliminates the worry of loss, theft, or delays.

Bacs also provides users with added support through the use of their Third-Party Assurance Team (PAY.UK) which not only aids users with any queries, but also inspects bureaus such as ourselves. In doing so, Bacs maintain a high standard of controls and procedures that secure them as a reliable system for all users.

Why use Garbutt + Elliott Bacs Payment Services?

Garbutt and Elliot are a fully approved PAY.UK Bacs Payroll Bureau . Our Bacs approved status means that we receive regular inspections from PAY.UK, which guarantee our clients a service that is performed to the highest of standards. PAY.UK assess our team in 5 key areas including:

1) organisation and financial information

2) physical security

3) computer operations

4) applications and systems support

5) Bacs processing and operations.

This inspection makes our service safe and secure throughout the entire process.

Allowing us to submit your payments creates several benefits for your business such as efficient and reliable payment submissions from our fully trained team and minimising the stress and risk around key payment dates – even when individuals in your business who authorise Bacs payments are on holiday or unplanned leave.

Take away the stress of paying your staff. Get in touch with our friendly payroll team today on support@garbutt-elliott.co.uk