Supporta Services, a division of Supporta plc is fully launched today, offering clients the ultimate business process outsourcing solution to recruitment and other commercial businesses. Rapidly expanding agencies need a back office solution that is as flexible as they are. Supporta Services provides a one stop shop with seamless and professional service constantly moulded to the clients’ needs, leaving them to focus on increased profitability.
Supporta employs over 150 payroll specialists and with seven offices throughout the UK, is compact enough to be able to offer a swift, personal solution, yet has the outreach to be the largest commercial provider of outsourced payroll, pension and accounts payable services to the NHS.
Supporta Services offers a wealth of experience in payroll servicing, and the adaptability to service start-ups right the way through to blue chip main market listed companies.
The Company never forgets each client is an individual and each receives a uniquely tailored approach, through the Supporta flexible ‘modular’ system. The core service offered by Supporta Services is the preparation of payroll, payment of temporary staff and the raising of client invoices. Other service options include, credit control and cash flow management, production of management information, pension administration as well as a comprehensive accounting service.
In terms of pricing and efficiency, clients will benefit from the economies of scale offered by Supporta Services’ large payroll function, resulting in a more cost effective solution than running payroll in-house.
As a result of providing primary back office functions, Supporta Services assists in removing potential cash flow issues by freeing up equity from the business. By
minimizing administrative overheads and peak work flow worries, the cost of the client’s back office staff is substantially reduced.
With Supporta Services, the client removes investment in expensive software systems and its maintenance from their balance sheet, and is kept abreast of legislative changes, in the full knowledge that their time-consuming holiday and temporary pay administration is being operated accurately. Clients are left to focus on maximizing revenue and increasing their profitability.
Supporta Services ‘white-labels’ its services by maintaining a separate PAYE scheme in the clients’ name, with their customers being billed using their own stationery and VAT number. In spite of Supporta Services handling the invoicing, factoring, payroll, credit control, management accounting and reporting, the client still retains its turnover in its accounts and maintains total control of its own finances.
Gavin Kaye, CEO of Supporta plc, commenting on the launch of Supporta Services, said: “Our business was set up with the vision of being more than just a payroll bureau, having added finance and back office systems to our total client proposition for the recruitment industry. We are very excited about the prospects for the business expanding on our wealth of experience in payroll servicing, and becoming a major player in the outsourcing market”
For further information:
Supporta Services Limited
10 Bakers Yard
London EC1R 3DD
Tel: 0845 222 0010
Fax: 0845 222 0030
Cassleton Elliott & Co T: +44(0)780 8403963
Notes to Editors:
Supporta Services Limited
An operational division of Supporta plc, the support services group, publicly listed on AIM. Supporta Services Limited has offices in Ascot, Birmingham, Bangor, Glasgow, Leicester, and Norwich, together with a head office in London. Supporta Services currently has clients in the public and private sectors, but has only now been launched offering the full solution package. The services offered by Supporta Services include:
• Preparation of sales invoices from weekly timesheets to client mailings
• Notifying factoring companies of invoices
• Sending copies of all invoices to factoring company
• Call down monies from factoring companies to cover BACS payment to workers
• Analysis of VAT for the client’s VAT return
The Company sources solutions from a variety of recommended finance houses to suit the clients’ needs and then manage the account on their behalf to ensure an efficient and seamless service. We regularly work with other agencies, which currently have an existing and favoured relationship with clients.
• Calculation of payroll
• Distribution of employee payslips
• Payment of temporary staff and contractors
• Self billing for limited companies
• Pay per job on payslips
The level of credit control required is entirely dependent on a client’s specific needs.
The Company offers various levels of accounting services ranging from monthly profit and loss through to the preparation for audit.
Detailed reporting is vital for agencies to keep control of their businesses. The Company offers amongst others, the following reports on line on behalf of its clients:
• Timesheet summary
• Invoicing day-book
• Full margin analysis
• Payroll journal
• BACS & cheque payment listings
• Inland Revenue remittance report
For further information on Supporta Services Limited please contact: email@example.com
Founded in 2000, as Staffing Ventures, the Group joined AIM in February 2001. The Company was initially established as a provider of seed capital to fledgling recruitment companies, and through strategic acquisitions has now expanded into back office outsourcing. Renamed Supporta plc on 21 January 2004 after the acquisition of NHS services provider Parys Snowdon Payroll Service earlier that month.
The Group currently has eleven subsidiary companies under its umbrella, providing outsourced services to both the public and private sectors.
For further information on Supporta plc, please go to:
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