To help housing providers meet two of the largest and most complex legislative changes in recent years, MidlandHR has launched a real-time information (RTI) and auto-enrolment (AE) solution. MidlandHR customers went live on HMRC’s RTI pilot project in 2012, involving around 40,000 employees and pensioners across 20 payrolls.
The RTI and Pensions Reform initiatives are part of the government’s plan to reduce the imbalance between government income and expenditure. RTI is intended to speed up and improve the accuracy of PAYE receipts and AE to boost the funding of pensions. MidlandHR reported that the development of the RTI- and AE-ready software was one of the biggest, most complex and labour-intensive software projects the company had ever undertaken.
The new solution has been named 10.7.05 and is the latest version of iTrent, MidlandHR’s integrated system for HR, payroll, talent management and workforce planning.
Declan McGrath, managing director, MidlandHR, said, “We’ve invested considerable resources in enhancing iTrent to meet the new legislative changes, reducing administrative time and cost and minimising set up and configuration costs. We’re really pleased to offer our customers an approved solution to deal with the increased employer duties that they will have in 2013.
“Over the last two years we have taken part in various consultations with HMRC and the DWP and we were instrumental in shaping and influencing legislative change. This early engagement gave us a thorough understanding of the likely business impact of the new legislation and allowed MidlandHR to engage with and represent the customer community to ensure any legislative changes were practical and realistic.”
MidlandHR said that 10.7.05 minimises the risk and impact of RTI with the in-built HMRC RTI schema, for example, checking employers’ RTI submissions before they are sent to HMRC. This reduces the delay and costs associated with submitting invalid or incorrect information.
The new version of iTrent also addresses the complexities of the upcoming Pensions Reform legislation, with users able to access and view all the relevant information they need on summary screens. With the flexibility to accommodate different approaches to the assessment and enrolment process, iTrent users can choose the most appropriate route, either undertaking the workforce assessment and auto-enrolment separately or as one process.
Better HR at the Royal Borough of Greenwich with MidlandHR
The Royal Borough of Greenwich is set to use MidlandHR’s iTrent software for talent management, workforce planning, human resources and payroll. Greenwich has chosen a fully-hosted system and will be implementing a range of iTrent modules covering core HR, payroll, self-service, online recruitment and electronic payslips to support its 15,000 staff.
Declan McGrath from MidlandHR said, “By using our private cloud, Greenwich will have a risk-free, cost-effective outsourced solution which combines our iTrent software with protection against the infrastructure issues that can affect on-premise IT services and information availability.”
The Royal Borough of Greenwich is the eleventh council in London to use MidlandHR.
