Money Management
Money Management
Through our BACS bureau Omnia can help with all cash disbursements to ensure the correct amounts are paid to HMRC, Pension suppliers and any other agencies as required. This service will give you peace of mind and avoid unnecessary late payment penalties.
Omnia processes payments for a variety of clients through our cash management tool provided by Barclays, funds are held securely in a client account to ensure your money is safe and is completely ringfenced.
Payroll Services
BACS
Omnia offer BACS (Banker’s Automated Clearing Services) as part of our overall Payroll Services.
On Time!
Using BACS to manage your payments will ensure that you pay your employees the right amount at the right time. The process is remarkably simple and requires minimal effort on your part every pay round.
Automatic
Once you sign your payroll off we generate and submit the BACS file to the bureau for processing. On your designated payday salaries will automatically transfer from your payment account to your employee’s accounts as cleared funds.
Can be used for
- Wages and Salaries
- Pensions
- HMRC PAYE Payments
Straightforward
Creating the BACS payment file is a straightforward process that generates just one debit on your account, eliminating the need to track multiple individual payments. Furthermore, our Payroll team will be on call to support you and to help ensure that all your details are correct.