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When organisations are faced with meeting new electronic payment security or legislative requirements it may seem like a challenge. But it doesn’t need to be.
Salford Van Hire is one of the UK’s leading vehicle rental companies, they operate a fleet of over 6,500 commercial vehicles along with 500 cars.
Needing a secure payment software to make salary and wage payments to its staff they opted for Bottomline’s cloud-based payment solution to ensure they would always be compliant with any Bacs security updates.
The easy upgrade path from their old payment software ensured that their payroll continued running smoothly as they moved onto PTX. The new system would also give them benefits such as
Continuous upgrades without negatively impacting the organization
Comprehensive reporting and audit trails show everything being processed with extra visual confirmations providing clear reassurance.
File import and Bacs payments can be handled within one session
Download the Salford Van Hire case study to learn how the implementation from on-premise software to the cloud allowed them to still be able to process their normal payroll as well as allowing them to have far greater benefits with an updated system.
“PTX seems a bigger, more resilient product which gives us the scope to expand in the future.” Mike Frost | Group Financial Controller | Salford Van Hire
It’s a startling statistic, but recent research by Bottomline shows that 92% of financial decision-makers admit they’ve paid suppliers late. Between them, UK small and midsized businesses (SMB) are owed more than £50 million.
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