Apr 2021

19

Thesaurus Software celebrates Earth Day 2021

The first Earth Day launched fifty-one years ago in response to an emerging environmental consciousness, catalysed by a number of environmental disasters in the ‘60s. Although the stakes only grow as the years go by, we can appreciate that there has been a profound cultural shift since it began.

At Thesaurus Software we are committed to a cleaner, greener future for all. This commitment will see us developing our business towards ecological sustainability at both a company and an individual level. We recently announced our very ambitious sustainability campaign to become net zero by 2023. To achieve this, our new offices (opening soon!) are purpose built to be energy efficient, affording us the opportunity to record and monitor our carbon emissions. In addition to this, we have established the Green Team, an internal company initiative, to educate, promote and inspire sustainability among our colleagues and our loyal customers.

The Green Team members are brimming with ideas to identify and support the implementation of solutions to help Thesaurus Software operate in a more environmentally sustainable way. Our plans, including those for Earth Day, are grounded in the belief that small actions at the individual level can build to create a larger change. We will leverage our individual power to influence, as an employee, a consumer, a voter, and as a member of our community.

In our first campaign to raise awareness, the Green Team will be celebrating Earth Day 2021 with a number of activities planned throughout the week. Take a look below at what we have planned. On Earth Day, we will be inviting Dr Emma Reeves, Senior Ecologist at the Forest, Environmental Research & Services (FERS) Ltd to discuss climate change, pollution, and what we as individuals can do to help.

Our dedication to the environment won’t stop at the end of the week. Subscribe to Thesaurus Software’s sustainability newsletter to follow our journey.


Apr 2021

1

Thesaurus Customer Update: April 2021

Welcome to Thesaurus Software's April update. Our most important news this month include:


TWSS Reconciliation – What you Need to Know

Most employers who availed of the TWSS should now have received a ROS inbox message in relation to the reconciliation process. Find out what you need to know about the TWSS reconciliation process and ensure you meet the June 30th 2021 deadline to accept the reconciliation. 


The Vaccine & The New World of Work  

As vaccines roll out and employee’s return to the workplace employers are looking to form their vaccine policy. Join our employment law experts for a free webinar on April 28th where we will provide you with all the information you need to know about managing COVID-19 in the workplace including the vaccine policy.  


Good Friday – Bank Holiday or Public Holiday? 

As Easter approaches, we remind employers that Good Friday is NOT a statutory public holiday. Easter Monday, on the other hand, is a Public Holiday. In respect of each public holiday, an employee is entitled to a paid day off on the holiday, a paid day off within a month, an extra day’s annual leave, or an extra day’s pay, as decided by the employer.


It's Time to Automate Payroll Processes 

Learn how technology and automation turn daunting payroll tasks into a smooth and profitable process. Join our upcoming webinar on 6th April where we will look at how to address the challenge that most accountants face, over-servicing and under-charging. 


Greener Supply Chain with Thesaurus Software

Here at Thesaurus Software we take environmental responsibility very seriously and are committed to developing our business towards ecological sustainability at both a company and an individual level. Our new carbon efficient offices will open in 2021. Additionally, we are excited to announce our very ambitious sustainability campaign to become net zero by 2023. To achieve this, we have recently established a passionate Green Team to educate, promote and inspire sustainability to our employees and our loyal customers. Subscribe to Thesaurus Software’s sustainability newsletter to follow our journey.

Find out more

 

Posted byHolly McHughinCustomer Update


Mar 2021

30

Does the TWSS Reconciliation affect me?

Are you wondering why you now owe Revenue money as a result of The Temporary Wage Subsidy Scheme (TWSS)?

For the first 6 weeks of the TWSS back in March 2020, during the transitional phase, Revenue refunded a flat rate of €410 per employee per pay period, regardless of the employees' earnings. In a lot of cases this €410 exceeded the subsidy that the employee was entitled to receive, and it was made very clear from the start that there would be a reconciliation to rectify this overpayment.

The scheme was designed to assist employers and employees impacted by COVID-19, and to encourage companies to keep their workers on the payroll. If you didn’t avail of the TWSS then you won’t have a TWSS reconciliation.

On Monday 22nd March 2021, Revenue advised that most employers can now access their TWSS reconciliation balances in Revenue’s Online Service (ROS). The reconciliation balance is based on the actual information provided to Revenue by the employer.

The TWSS reconciliation period opened on 22 March 2021 and employers have until the end of June to review and accept the reconciliation amounts. Revenue are strongly recommending that employers take the time to read & understand the guidance before accepting the reconciliation amounts.

Approximately 40% of the employers that availed of TWSS are balanced. Revenue have said they will not pursue companies that owe a balance of under €500 as they will be considered balanced.

BrightPay hosted a TWSS reconciliation webinar with guest speakers from Revenue on 24th March 2021. During the webinar, we discussed the reconciliation process and had a Questions & Answers session at the end. Watch the webinar on-demand now.

You can also click here to register for our next webinar, which takes place on 21st April 2021

 

Related Articles:

Posted byHolly McHughinPayroll SoftwareWages


Mar 2021

16

TWSS Reconciliation – Important Update

One year after the introduction of the Temporary Wage Subsidy Scheme (TWSS), the Revenue reconciliation process is finally underway. Revenue have now compared the total subsidy amounts paid to employees, against the subsidy amounts paid to the employer. This has allowed Revenue to determine the amount of TWSS owed back to Revenue from employers.

All employers who availed of the TWSS will receive a Statement of Account in their ROS inbox on Monday 22nd March 2021. Employers will have until the end of June to review the detailed information and accept the reconciliation amounts. Once you have accepted the reconciliation calculation, you will either be paid any additional amount due to you by Revenue or be required to repay any amount that you owe to Revenue.

Free Webinar

Join Thesaurus Software for a free webinar on Wednesday 24th March at 10.30 am. In this webinar, we will be joined by a guest speaker from Revenue who will discuss what you need to know about the TWSS reconciliation process. Plus, we will demonstrate how to cross-check reconciliation amounts with the payroll software and how payroll automation can help your business during COVID-19.

Agenda

  • TWSS Reconciliation Process
  • Reconciling amounts in Thesaurus Payroll Manager
  • Reconciling amounts in BrightPay
  • How payroll automation can help you with COVID-19

*** High demand for this webinar. Book your place now to avoid disappointment. ***

If you are unable to attend the webinar at the specified time, simply register and we will send you the recording afterwards.

Related Articles:

Posted byRachel HynesinEventsPayroll Software


Mar 2021

10

1 Year On – COVID-19 & Working from Home

It’s been exactly one year since Thesaurus Software sent all employees to work from home for 2 weeks as a mysterious flu-like disease called COVID-19 began spreading in Ireland. Those 2 weeks have turned in 52 weeks... and counting.

On March 10th 2020, employees were given access to all the tools and resources needed to work from home well in advance of the lockdown panic that came towards the end of March 2020. Thesaurus Software worked with employees to try and strike a balance between ensuring employees could be productive and focused when not in the office, whilst also juggling often hectic home lives as we all adjusted to lockdown. Keeping in-touch and keeping moral up was a key priority.

The company was in a fortunate position to be able to continue employing all members of staff during such a scary and uncertain time. Thesaurus Software’s COVID-19 response plan involved additional staffing and increased hours to assist customers. With payroll being an essential service and part of every business, the show had to go on!

Thesaurus Payroll Manager has been at the forefront for employers and accountants when it comes to COVID-19 Wage Subsidy Schemes and were the first payroll software provider to release software upgrades to cater for the schemes as changes were announced. Thesaurus Software’s overall response to COVID-19 was rated 98.7% in a recent customer survey, and this included payroll upgrades, webinars, online guidance and customer support.

BrightPay won the COVID-19 Hero Award (supplier) at the Accounting Excellence Awards that took place recently. BrightPay is created by Thesaurus Software, and although this was awarded to BrightPay, this is simply what our company is called in the UK - two different names, but the same company and the same 80+ employees behind this award.

Despite all the COVID-19 scheme changes, upgrades and webinars, the developers have been kept busy constantly improving the software and introducing new features. Thesaurus Payroll Manager’s optional add-on product, Thesaurus Connect now supports two-factor authentication sign in. This means you can add an extra layer of security to the employer login on your Thesaurus Connect account in case your password is stolen.

As remote and flexible working are now the new normal, Thesaurus Payroll Manager in tandem with Thesaurus Connect now allows for a completely seamless "working from home" experience where there are multiple individuals who work on or require access to the same employer files. Thesaurus Connect can help you prevent conflicting copies of the payroll, including an ‘other user check’ and a ‘version check’ when opening the payroll.

Let’s hope we all return to a somewhat normal life within the next year, and that I won’t be writing ‘working from home 104 weeks later’ this time next year. Thesaurus Software wishes you the very best as we enter Year 2 of living with COVID-19.

Related Articles: 

 

 

Posted byHolly McHughinEvents


Mar 2021

8

International Women’s Day 2021

Thesaurus Software is proud to be supporting International Women’s Day 2021.

The theme of International Women’s Day this year is “Choose to Challenge”, a theme we wholeheartedly agree with. When we challenge the norms, the status quo, the “because that’s just the way it is”, we create change. At Thesaurus Software we firmly believe that change is necessary for development and improvement, so much so that it is embedded in our core values.

This year we are enhancing our Inclusion and Diversity efforts, in the hope that all staff will feel comfortable in bringing their whole self to work. International Women’s Day is our first day of celebration this year, our aim is not only to celebrate our women, but to raise awareness of inclusion more generally.

Promoting Gender Equality at Thesaurus

We are proud to say that we have always had a strong representation of women right across our company.

Our senior management team is 66% female. Across the Company as a whole, we are 64% female.

As we grow, we are continuously looking at how we can best assist our employees to grow and be themselves. In the last six months, we have introduced two key initiatives which help us achieve this.

  • Firstly, LinkedIn Learning has been made available to all employees. LinkedIn Learning has been a game-changer for our employees and opened the window on learning and awareness. 
  • Secondly, we have just introduced paid maternity and paternity leave. We really hope that this will help new parents to be successful both at work and at home. 

Our Female Leaders

We asked some of our female leaders for their thoughts on working in leadership;

“It’s important that all managers inspire, engage, and encourage their team. This is what I strive for. As a female manager, I’m very privileged to work for a company that recognises and promotes these values for both men and women equally. Females in any workplace should never underestimate what they are capable of achieving” - Karen Bennett, Chief Commercial Officer

“My advice to my 20-year-old self would be to think of your career as a marathon, not a sprint. Don’t ever settle on the first job or career path you undertake, if you are not invested in it. Allow yourself the time to discover what are you passionate about doing. Finding a job that I love has certainly helped me reach the point in my career that I’m at today.” - Victoria Clarke, Product Development Manager

“As a woman working for Thesaurus Software for the past 23 years and fast approaching retirement, I feel I am now entering the most exciting period of my career at Thesaurus Software and rather than winding down, the journey forward in this fast-growing company, supported by our amazing CEO, Paul Byrne has no limits.” - Ann Tighe, Senior Business Development Manager 

“Working at Thesaurus as a woman in management, I feel inspired by other female leaders and peers within the company to lead my team with the same encouragement I feel every day. I have always felt hugely supported as a woman within Thesaurus which has provided me with the tools I need to motivate and empower my team, particularly as I progressed into the management role.” - Cailin Reilly, Sales Manager

“After joining Thesaurus Software as a Marketing Intern, I never thought that I would be where I am today after just 6 years. Working at Thesaurus Software has really given me the opportunity to progress, both in terms of personal and professional development. No two years have been the same and it has been an exciting time to be part of the team, helping the company grow to where it is today.” - Rachel Hynes, Marketing Manager

IWD 2021 in Thesaurus

Some of our fantastic team have taken part in the IWD challenge, standing up socially distantly and choosing to challenge. See their fab pictures below.

This year, we will also be using our LinkedIn Learning platform to raise awareness around inclusion and equity in the workplace. We have a series of short informative videos addressing a range of topics that we will share with staff remotely during March.

Our message to all our employees today is, bring your whole self to work, your thoughts and ideas are valued, we love to hear them. Working together, trusting, respecting and supporting each other we can only do great things.

Posted byLaura MurphyinEvents


Feb 2021

8

Thesaurus Connect: Two Factor Authentication Explained

As security is a large concern for many businesses nowadays as data breaches are a threat to all entities, Two Factor Authentication can now be enabled as a feature for users of Connect and Thesaurus Payroll Manager. Two Factor Authentication is a second layer of protection to re-confirm the identity for users logging into Connect through an internet browser or through Thesaurus Payroll Manager. This improves security and protects against fraud and lowers the risk of data breaches as users can access sensitive employer and employee data in Connect with the increased security layer.

Thesaurus Connect is an optional cloud add on feature that works with Thesaurus Payroll Manager. Thesaurus Connect provides a secure, automated and user-friendly way to backup and a self-service dashboard to both accountants and employers so they can access payslips, payroll reports, amounts due to Revenue, annual leave requests and employee contact details.

How it works

If Two Factor Authentication is enabled for a Connect account, when any user on the Connect account tries to sign into Connect via their internet browser here or through Thesaurus Payroll Manager, they will be asked to enter in a security code that needs to be sent to them. The user can select to have the security code to be sent by email or by text to the user.

Once the user receives the security code the user enters this in the 'verify code' field and selects 'Verify Code'. The user will only be able to access the security code if they have access to the email account or mobile device. The random generated 6 digit security code will expire after fifteen minutes so a new code will have to be sent if the code is not used in the time limit. 

This Two Factor Authentication uses a second security measure of identification ensuring the user is the correct user when logging into Connect. It adds an additional layer of security to an already secure hosted platform and gives the user more reassurance that their payroll data is safer and more secure.

To Enable this option in Connect when you are logged in > Go to 'Settings' > Go to 'Two Factor Authentication' > Tick the box > 'Save Changes'.

Related Articles: 

 

Subscribe to Newsletter

Posted byDebbie ClarkeinBrightPay Cloud


Feb 2021

2

Thesaurus Customer Update: February 2021

Welcome to Thesaurus Software's February update. Our most important news this month include:


EWSS Q&A – Common Questions Answered

As we are back in lockdown, some businesses are just now availing of the EWSS for the very first time. Here we have answered some of the most common queries that our customer support team are being asked. 


Free Webinar: A Recap of Recent Wage Subsidy Scheme Changes 

The past couple of months have seen a number of updates to both the TWSS and the EWSS, including TWSS reconciliation, employee tax bills, EWSS eligibility and subsidy rates. Register for this free webinar to make sure you keep up to date with the most recent updates. 


Coming in February: Thesaurus Connect supports two-factor authentication sign in  

With two-factor authentication, you can add an extra layer of security to the employer login on your Thesaurus Connect account in case your password is stolen. Instead of only entering a password to log in, you’ll also enter a code or use a security key.  


Working from home with Thesaurus Payroll Manager

All Thesaurus Payroll Manager licences can be activated on up to 10 PCs, meaning you can easily process payroll whether you’re in the workplace or working from home. Thesaurus Connect can help you prevent conflicting copies of the payroll, including an ‘other user check’ and a ‘version check’ when opening the payroll.  

Step-by-step guide Find out more
 

Posted byRachel HynesinCustomer Update


Feb 2021

1

Q&A - Common Support Queries on EWSS

Due to the changes and updates to the COVID-19 Government schemes, our support team put together the top four common questions – asked by you and answered by us!

When earnings fluctuate and are within the limits for the Employment Wage Subsidy Scheme (EWSS) in some pay periods and not others, do we need to untick EWSS for the employee?

No. There is no need to remove the tick for EWSS, our software will remove the indicator from the payroll submission (PSR) in the pay periods the earnings fall outside the relevant limits.

The subsidy being received is more than we are paying the employees, do we pay the employees the difference or will we owe that money back to Revenue?

In some scenarios the employer will receive a subsidy greater than the wages they are paying; they will not have to repay that money to Revenue. The employee should only be paid the wages that are due and not any extra. In other scenarios the subsidy received from Revenue will be less than the wages they are paying.

What payments are permitted under EWSS e.g., can you pay the employees commission?

Yes. The EWSS is a subsidy payable to employers, therefore, it will not show on employee payslips or in myAccount. Under EWSS employers are required to pay employees in the normal manner i.e., calculating and deducting Income Tax, USC and employee PRSI through the payroll. Employees should be paid the wages that are due to them which can include commission, overtime etc.

When employees are claiming the Pandemic Unemployment Payment (PUP) from the Department of Social Protection, do we need to do anything on the payroll?

Yes. You should ensure that the employee’s payment is changed to zero, continue to update them with zero pay until such time you are paying them wages again.

More information can be found in the COVID-19 guidance section on our website or by visiting the COVID-19 Resources Hub.

Related Articles: 

Posted byAudrey MooneyinCoronavirusPayrollWages


Jan 2021

26

Lockdown 3.0 - What have we learned?

Lockdown hasn't been easy for any of us - you could say it's been a bit of a 'coronacoaster'. COVID-19 has made us realise what’s important to us. Whether that be connecting more with family or re-connecting with old friends through the social platforms we are so grateful to have during this time. As we are currently in lockdown 3.0, let's look back on some of the key lessons learned as a payroll processor over the past year during this time of crisis.

Importance of Remote Access

Payroll is one of the core functions of running any business, and so it is something that needs to be completed on time and without errors. When working from home, your staff might not be able to access all the tools and documents that they would normally be able to access, especially if your systems are on-premises solutions and files and documents are physical hard copies.

Due to COVID-19 and having to work remotely from home, it is now a necessity to be able to access your payroll data from home. Your payroll software should easily facilitate remote working with additional user access. Thesaurus Payroll Manager can be installed on up to 10 PCs per licence key, and this means that payroll processing is possible by up to 10 users, or from 10 different locations. This is very handy for if you have a number of employees working from home, all needing access to the payroll software.

We have also introduced new multi-user features that work in conjunction with Thesaurus Connect, our optional cloud add-on, to improve the working from home experience. These new features include ‘version checking’ when opening an employer, and an ‘other users check’ when opening an employer. This new "working from home" integration gives you all the benefits of the cloud while utilising the power and responsiveness of your local device.

Importance of Reliable Software

The past year has been very frustrating for payroll processors. Not only had you the added workload of processing subsidy claims, but you also had to learn about the various schemes and ensure you kept up to date with the latest guidelines. That’s why it’s so important to use reliable payroll software from a reliable company.

We kept Thesaurus Payroll Manager up to date to cater for the relevant scheme changes, and we tried to automate as much as possible in the payroll software to make your life easier.

In a recent survey, we achieved a 98.7% rating for our overall handling of COVID-19 including customer support, payroll upgrades, COVID-19 webinars and online support. We also won a COVID-19 Hero Award, and this is because of our response to COVID-19 and how we have helped our customers throughout the past few months.

Importance of Cloud Backups

As most businesses are now working remotely for the foreseeable future, it leaves many businesses exposed to data loss. This is why cloud backups are so important.

If you only keep your payroll data on your desktop, you are at risk of losing the information. Have you thought about what would happen if your computer broke down or was hacked? How would you get your payroll data back quickly? Would employees still get paid if the information was lost?

Thesaurus Connect is our optional add-on that works alongside the payroll software. Thesaurus Connect provides a secure and user-friendly way to backup and restore your payroll data on your PC to and from the cloud. It’s simply an added layer of data protection to keep your payroll data safe so you never lose your payroll data again.

Importance of Automation

Whether you’re an employer processing payroll in-house for your business, or an accountant or bureau processing payroll for a number of clients, automation is key. How much time do you spend managing annual leave, answering employee leave balance enquiries, retrieving lost payslips, and communicating with employees in general? Now is the time to eliminate those admin-heavy tasks!

Self-service online portals are changing the way businesses interact and communicate with their employees, whilst providing the cloud functionality to get things done smarter and faster. Thesaurus Connect includes the ability to manage employee leave, communicate with employees, automate payslip distribution, run payroll reports and much more.

Book a demo of Thesaurus Connect today to discover more features that can help you streamline your payroll and HR processes.

 

Posted byHolly McHughinCoronavirusPayroll Software