As the year-end approaches, finance and payroll managers face the daunting task of closing out the fiscal year while ensuring compliance and accuracy in payroll processing. The key to a smooth year-end lies in leveraging robust payroll software like Opera 3, which offers comprehensive solutions to streamline these processes.

Benefits in kind (BiK) are non-cash perks provided by employers to their employees in addition to their regular salary. These perks can range from private health insurance and company cars to gym memberships and parking spaces. Although these benefits offer significant value to employees, they come with certain tax implications that finance directors need to manage effectively. This blog post aims to provide an overview of benefits in kind and the key considerations for finance directors based on a recent discussion about processing BIK in Opera 3 led by Debbie Lane at TMB.

Streamlining your operation is one of the most effective steps you can take to increase your efficiency and productivity, with the elimination of needless tasks and wasteful resources at the core of the strategy. However, identifying which tasks should be improved can be challenging, so if you’re devising a streamlining strategy for your business, consider the following five elements:

If you’ve been using Opera II for a while you may be looking to upgrade. By investing in Pegasus’ flagship solution Opera 3, you can protect the future of your business. There are loads of new features and enhanced features that will improve the way you work. Here are just a few of them.

Pegasus Opera 3 now has an Order Processing Utility Solutions add on, learn about the OPUS features and benefits for supply chain and order management.

Payroll operations are notoriously complex, particularly when it comes to calculating tax, National Insurance and pension deductions from employees, and usually requires specialist knowledge of HMRC rules and regulations. As a business grows, taking on more employees and operating from multiple locations, payroll consumes more time as staff handle increasing quantities of information and reconcile multiple entries.

Webinars: Powering up your Pegasus software

Who’s the champion of accounting and business software for SMEs in the UK? In one corner, we have Sage, which, despite a financial wobble last year, has some strong contenders, like Sage 50 and Sage 200. But in the other corner we have Pegasus Opera 3, a veteran in this sector, with more than 30 years of experience behind it. For us, Opera 3 has to be the favourite. Why? Let’s find out as we pit Opera 3 vs Sage.

For the second year running, TMB has won two major awards from Pegasus Software - in recognition of its continued excellence.