Payroll Faster Payments
Achieve faster payroll payments with the combination of award-winning IRIS payroll software and our new service partner Modulr. Payments can be made within seconds as opposed to days.
Faster Payments for Payroll
This new service, enabled by the UK’s real-time payments infrastructure, allows funds to be transferred from one bank to another within seconds as opposed to days.
Faster payments are simple to set up and offer a real alternative to using the BACS system.
The immediacy of payroll payments allows for a less stressful payroll window, it eliminates the 3-day payment time typical of BACS and reduces the overall time required to process payroll.
Bureaus can control payments on behalf of their customers saving time and money with each pay run.
Commercial Organisations paying their own staff
Automate your payroll and payment workflows
Taking away the manual headache of managing payroll payments.
No more manual processes or archaic banking practices. Allowing you to focus on what’s important – paying employees on time, every time.
Users of IRIS Payroll Products can reduce risk and complexity with a single and secure online portal that allows you to make payroll payments at the same time as running payroll.
Leading to faster settlement of funds – Faster Payments are made in 90 secs, as opposed to 3 days required for Bacs payments to clear.
Bureaus processing payroll for many customers
Automate your client payroll and payment workflows – Taking away the manual headache of managing client payroll payments.
Powerful features to save you time – So you can focus on what’s important – delivering improved service levels.
Realise your practice’s full potential – Access new revenue streams and make payments a premium service for your clients.
Reduce risk and complexity – A single and secure online portal that allows you to make payroll payments at the same time as running client payroll.
See how you can benefit from Faster Payroll Payments
Key Features – Powerful features to save you time, so you can focus on what’s important
Real-Time and 24/7 Payments
Get ultimate convenience with real-time 24/7 payments, giving you the flexibility to schedule payments in advance or make last minute changes.
Eliminate Costly Payroll Errors
No one likes to make mistakes, especially when it’s employees that need paying. Ensure you pay the right amount on time, every time without double and triple checking the payment file.
Secure and Compliant Network
Process payments through a highly secure and compliant network. Modulr is authorised and regulated by the FCA.
Real Time Insights
Clients require accurate & real-time data & decisions – we’ll help you provide richer insights to improve your clients’ business performance.
Ready for faster payments?
About Modulr
Modulr is the payment partner of IRIS. Modulr are transforming the way companies do business, by automating and streamlining their payment processes.
They are also the payments partner behind Revolut, and over 10,000 businesses (and millions of consumers) use their technology to move billions of pounds.
