We’ve Integrated with FreshPay. And You Can Get Set Up in Minutes!
Penfold + FreshPay = streamlined processes, enhanced accuracy and improved compliance. Follow our simple steps to get set up in minutes.
9 July 2024
4 min read
We’re thrilled to announce a new integration with FreshPay, a rapidly growing payroll software platform designed for accountants and payroll professionals.
It's the first direct pension provider integration with FreshPay, and will streamline pension contributions for thousands of businesses – making it easier than ever for accountants to manage employees’ workplace pensions.
Find out all about Penfold and FreshPay, and the benefits of the integration – then follow our simple steps to get set up in minutes.
Penfold Is the Modern Workplace Pension Accountants Love
Our pension platform and app are designed to elevate your practice and strengthen relationships with clients. Our workplace pension offering:
- Saves you money: Don’t spend a penny. Our platform is no cost for accountants and employers
- Is quick to get setup: Get started in minutes and easily switch from old providers
- Includes dedicated support: Enjoy first-class service from your named account manager
- Simplifies your processes: Integrate Penfold into your workflow, autocorrect errors and access your data easily
And, maybe most importantly of all, Penfold improves your relationships – by enabling you to lower corporation tax for your director clients, get employees excited about their employer’s most expensive benefit, and equip savers with a modern tool to help reach retirement goals.
FreshPay Is the Fresh Approach to Payroll
FreshPay is a cloud-based platform dedicated to making payroll simpler and more efficient through automation and collaboration.
The payroll software has seamless integrations with other essential tools like QuickBooks, Xero and Telleroo, and boasts impressive, time-saving features, such as:
- Automated payroll processing
- Employer and employee portals
- Built-in bureau dashboards
Similar to Penfold, FreshPay’s mission is to empower accountants, bookkeepers, and bureaus with the tools they need to run their businesses better and scale easily.
Penfold + FreshPay = Improved Process, Accuracy and Compliance
With this integration, accountants and employers can effortlessly enrol employees into a Penfold workplace pension and process their contributions with just a few clicks.
Key benefits include:
- Streamlined Process: Automating the process of submitting pension data reduces administrative burden and frees up valuable time
- Enhanced Accuracy: Minimising manual data entry significantly reduces the likelihood of errors
- Improved Compliance: Handling pension contributions correctly and on time ensures compliance with regulatory requirements
Together, we’re ensuring that managing workplace pensions is as seamless as possible. What’s more, we’re the only provider that’s directly integrated with FreshPay, with no dependency on third-party integration tools – meaning a smoother experience you can rely on.
Ready to get started?
Set up Your Integration in Minutes
It’s easy to connect Penfold to FreshPay. Just follow these simple steps
1. Open FreshPay and navigate to the Pension tab
2. Select add new provider. This will open a pop-up window, where you should:
- Choose Penfold from the Select pension provider drop-down menu
- Tick Set as an auto-enrolment pension scheme
- Enter a Scheme name
- Tick Automatically send to Penfold
- Enter your Penfold Employer Id
- Enter a Group Name
- Enter percentages in the Employee contribution and Company contribution fields
- Select a Contribution basis from the drop down menu
- Select a Relief type from the drop down menu
3. Click Submit – and you’re all done with the Penfold setup! Now, you’re ready to enrol employees into their pensions
Enroll employees – then you're done!
1. In FreshPay, click on an employee and open their Pension tab
2. If they're an existing employee, click Add Change to Pension in the bottom right-hand corner
3. If they're a new employee, click Setup pensions
4. Whether enrolling a new or existing employee, this will open a pop-up window, where you should:
- Choose Enrolled or Joined
- Select Penfold from the dropdown list of providers
- Choose the group you created earlier
- Save! Now your contributions are ready to be processed
Now, when you're FreshPay you’ll be able to process contributions without needing to log in to Penfold's platform.
Get Started Today
Already a Penfold client and ready to take advantage of this new integration? Simply follow the steps we’ve outlined above to experience the ease and efficiency of automated pension management.
New to Penfold and looking for a modern workplace pension which has no fees for accountants and employers, offers support closing old pension schemes and gives everyone a dedicated Account Manager?
