Case Study: Payroll As You Go
Established in 2017, the London-based Payroll as You Go (PAYG) is an experienced payroll specialist company. Home to a small friendly team, PAYG provides tailored payroll and pension services to businesses and sole traders across all types of industries – including accountancy, hospitality, and media & advertising.
Inefficient and expensive payments processing
As a small business with a number of key clients, it was taking several days per month to make their payroll payments to their clients – which proved frustrating for all parties involved. PAYG opted to facilitate their payments process via their bank. The welcome convenience of this was ultimately undermined by the often slow, clunky, and expensive overall process.
Reducing time and money
So, it was time for PAYG to source a new partner to support their growing business and retain existing clients with an improved delivery of payments. Payroll as You Go quickly turned to Caxton to help them to automate all of their payments via one platform to hundreds of their clients.
Caxton’s bulk payments platform easily integrated with PAYG’s accounts system, to automate all of the latter’s payroll payments. The business’ Payroll Manager was initially reluctant to switch to Caxton’s fully automated system. However, the finance team and, indeed, the entire company is now reaping the benefits of having two extra days a month to focus on other parts of the business.
Freddie Wells, Payroll Manager, went on to say, “Overall, the switch to Caxton’s automated system has saved our business time, money, and has reduced the risk of errors when dealing with payments. Our clients are happy that there are no delays, and it’s great I have a dedicated account manager I can call should I have any problems. And we’re saving on payments too.”
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