Give your entire supply chain confidence
PayePass understands that ensuring all payroll calculations, deductions and payments are correct and demonstrating this to your supply chain can be challenging.
A Verify Award is the solution.
With PayePass undertaking an independent audit of the entire payroll functions using Financial Reporting Council International Standard on Auditing (UK) 500, clients of PayePass Verify will be able to demonstrate:
No other payroll auditing provider or current compliance standard analyses payroll functions and calculations to the extent that PayePass does.
Within a challenging business environment, differentiating your business by demonstrating your compliance within the supply chain is never straightforward.
Read the awards criteria to understand the transparent and consistent independent audit upon the PAYE payroll functions.
Download the legal document for review and signing.
Sign up to our PayePass portal, input your information and submit documents required.
The PayePass Verify software along with our accounting and legal experts will then analyse your payroll.
Once the Audit has been completed, a Verify Award and unique identifier will be awarded to compliant providers.
Verify payroll compliance and accuracy
An independent analytical financial audit of PAYE payroll, achieved by combining bespoke payroll auditing software and traditional “eyes-on” accountancy auditing techniques, undertaken by regulated professionals.
A Verify Audit will scrutinise the full financial journey of funds. Starting from receipt by the business, through all processes and calculations, to the final payment stages. We ensure that all intended beneficiaries have been paid, with the correct deductions made and paid to HMRC.
The Verify Audit “eyes-on” true financial auditing also sets us apart from all others. As clearly set out in our terms and conditions, agreeing to a Verify Audit means giving us access to any data, document or online portal that we deem necessary to scrutinise and determine if there has been any financial wronging or irregularities.
The fundamental documents and data that makes up a complete payroll cycle including:
Our Auditing Software calculates to the penny whether all calculations have been correctly undertaken and all correct payments have been made.
To add the finishing touches, eyes-on, randomised sampling is performed by our accountants and payroll experts by applying the Financial Reporting Council International Standard on Auditing (UK) 500 ensures the most thorough financial audit available in the UK, second to none.
What’s more, we provide a detailed audit report to reinforce your verification award; a report that you can proudly show to the entire supply chain.
The flexible pricing options for your business
A guarantee backed by a £10m per claim Hiscox professional indemnity insurance policy
Contractors, agencies and end-users will not be exposed to the risks and consequences of:
That no business that achieves a Verify Award will be involved in:
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