The Howdy Glossary

BrightPay is a payroll and auto-enrolment software tailored for small- to medium-sized businesses, allowing users to manage employee information, calculate PAYE tax deductions, generate payslips, and submit Real Time Information (RTI) reports to HM Revenue & Customs. The platform also simplifies automatic enrollment procedures and aids in pension scheme administration. It handles various payment types including hourly rates, fixed salaries, overtime payments, and statutory maternity, paternity, or adoption pay.

Developed by Thesaurus Software Ltd based in Ireland, BrightPay was created to provide an efficient and user-friendly solution for handling payroll tasks and complying with HMRC regulations. Thesaurus Software Ltd specializes in developing innovative payroll and HR software solutions aimed at optimizing business processes. BrightPay's design focuses on streamlining payroll operations for small- to medium-sized enterprises by simplifying the management of employee details and ensuring compliance with regulatory requirements.

BrightPay holds competitive advantages through its comprehensive feature set designed specifically for its target market. Its user-friendly interface simplifies complex tasks such as automatic enrollment management and accurate tax calculations while ensuring compliance with HMRC regulations. By supporting various payment types including statutory payments like maternity leave pay alongside hourly rates or fixed salaries, it addresses diverse business needs efficiently. Furthermore, BrightPay’s affordability compared to other market competitors enhances its appeal among businesses seeking a reliable yet cost-effective all-in-one payroll solution.