How Northern Accountants’ Modulr/BrightPay Integration Empowers Your Business Financially
When Yorkshire-based accountancy firm Northern Accountants set out on its mission to help busy business owners to do less work and earn more money, it knew that embracing the power of timesaving technology would be key to its success.
This forward-thinking practice found a like-minded partner in Modulr, together with a BrightPay integration that’s helping to save hours by automating payroll and enabling it to deliver on its promise of working smarter, and not harder.
Navigating the changing accountancy landscape?
Northern Accountants recognise that the landscape for accountancy services is changing. It’s no longer enough to have just an annual meeting with your accountant. Business owners demand, and deserve, more. They need to be financially empowered, which means having access to real-time financial data so that business decisions can be made with confidence, based on facts.
In order to give its clients the support they need, when they need it, Northern Accountants knew it needed to offer not just accountancy services but a fully outsourced finance function.
“There’s been a massive shift in the adoption of cloud technologies and the move towards real-time accounting. We’ve evolved to offer a complete suite of services. And we do so because we believe that every business, regardless of size, needs to have an appropriate finance function. And not one that’s being done last minute on a Sunday afternoon before the VAT return deadline by the CEO or owner. Our clients need real-time, up-to-date information, and as much automation as possible,” explains Northern Accountants Founder & CEO, Phil Ellerby.
Phil and his team knew that no fully outsourced finance function would be complete without payroll, but they also knew that the time-consuming and manual workflows traditionally associated with this would increase client pain points and carry a heavy administrative burden.
Technology that really adds up
Luckily, thanks to a time-saving Modulr integration, Northern Accountants are now able to process client payroll faster and more efficiently than ever before, directly through BrightPay.
Phil and his team simply run payroll as normal and select ‘Pay by Modulr’ within BrightPay. Easily approve payments online and top up Modulr accounts for automatic employee payments within minutes, without manual bank exports.
Northern Accountants pay the right amount on time every time without double and triple-checking the payment files. Faster, real-time 24/7 payments afford the ultimate in convenience and the flexibility to schedule payments in advance or make last-minute changes. Northern Accountants provide accurate, real-time data and insights, empowering their practice and financially empowering clients.
“The Modulr integration makes it so much easier and enables us to manage the process much better. It ensures accurate payments, providing peace of mind that everyone, including HMRC, is paid correctly and on time. PAYE overpayment or underpayment becomes a thing of the past, together with time-consuming reconciliation,” says Phil.
And, just how much time does it save? Well, Phil estimates that it saves about 30 minutes a month.
“That’s six hours. That’s a day a year! And that’s just with one company. We have 150 clients using BrightPay so that’s a potential time saving of 75 hours a month,” he explains. “this means we can invest further in the business and our growing team.”
The Modulr/BrightPay integration transforms accountant services and practices by delivering real-time account information.
Find out more about Modulr and how it can help you.
To learn more about working with Northern Accountants click here.
