Modulr Expands Xero Integration With Payroll Services to Tackle Industry Challenges

Modulr, a platform that allows businesses to easily add payment features to their services, has just announced that it now offers payroll services through its partnership with Xero, a popular online accounting software. This new feature will make it easier for businesses to process payroll payments without mistakes and reduce the time spent on administrative tasks, ensuring that their employees are paid correctly and promptly.

Even though technology has advanced, many teams are still stuck using old and insufficient payroll solutions. The Global Payroll Association (GPA) found that almost half (47%) of UK employees have experienced payroll mistakes. Another 13% had to wait until their next paycheck for the errors to be fixed, leading to unnecessary stress for both employees and payroll staff.

In order to improve their services for payroll professionals, accountants, and businesses, Modulr has expanded its integration with Xero to include automated payroll payments for individual or multiple employees. This new feature allows customers to minimize mistakes and save time by up to 80% during payroll processing. Users can easily approve payments using the mobile app while also consolidating multiple payments into a single transaction to reduce transaction fees.

By combining Xero's payroll system with Modulr's access to Faster Payments, users can now enjoy quick and efficient payroll payments that clear within 90 seconds, even on weekends and holidays. This means payroll professionals can save time and have more flexibility when managing payroll tasks.

Kerry Wale, a Senior Client Manager at Women Who Count, a company that focuses on managing financial records, employee salaries, and financial accounts, stated; "The integration between Modulr and Xero has greatly improved our ability to set up payroll payments quickly and easily without having to access our clients' online banking. With instant payments, we no longer have to deal with the three-day wait time of traditional Bacs payments. This integration has allowed us to streamline our payroll process from start to finish, with a seamless onboarding process and great support from the Modulr team."

Steve Bradford, who is in charge of Channel and Strategic Partnerships at Modulr, says that when it comes to paying employees, it is very important because it affects their livelihoods and the reputation of the company. Payroll bureaus, accountants, and businesses have to handle many responsibilities and they shouldn't have to worry about mistakes caused by using old systems.

This new feature in our collaboration with Xero helps to grow our network and give payroll experts more choices in improving their methods. With our cutting-edge mobile app, leaders in payroll and business can enjoy quick, efficient, and safe approvals while on the move.

Modulr is the preferred payment partner for top accounting and payroll software companies like Xero, Sage, IRIS, and BrightPay. They are trusted by many accountants, payroll bureaus, and businesses to simplify payroll and invoice payments.