Direct Payments in BrightPay
BrightPay’s integration with Modulr will give you a fast, secure and easy way to pay employees and subcontractors through BrightPay. Eliminate the need to create bank files and the manual workload associated with making payments to employees and subcontractors.
What are the benefits?
Save time and maximise efficiency
Remove manual processes and the risk of insecure file transfers. There's no more need for manual exports or file uploads to banks.
Eliminate costly payroll errors
No one likes to make mistakes, especially when you're paying employees. Ensure you pay the right amount on time, every time without double and triple checking the payment file.
Secure and compliant network
Get peace of mind with secure, encrypted communication between parties, with easy to manage approval flows.
Real-time and 24/7 payments
Get ultimate convenience with real-time and 24/7 payments, giving you the flexibility to schedule payments in advance or make last minute changes.
Want to find out more about the BrightPay & Modulr functionality? Click here to register for our upcoming webinar.
How it works:
- Run payroll as normal within BrightPay
Once payslips are finalised within BrightPay, select 'pay by Modulr' to send the payment instructions to Modulr, without the need for manual payment file exporting. You can also select 'pay by Modulr' when CIS payments are finalised to make payments to subcontractors.
- Clients are notified when payments are awaiting approval
The person authorised to make payments is notified that payments are pending approval and logs into the Modulr portal to approve by secure mobile two factor authentication.
- Top up the Modulr account
Clients then transfer funds to the Modulr account in one single transaction from the primary business account. Once the account is funded, employees and subcontractors can be paid in minutes.
Please note, this functionality will only be available for BrightPay for Windows only at this time.
Modulr is the payment partner of BrightPay. Modulr are transforming the way companies do business, by automating and streamlining their payment processes. Modulr are also the payments partner behind Revolut, and over 10,000 businesses (and millions of consumers) use their technology to move billions of pounds.
Visit the Modulr website for more information.