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PayStream launch Tifo

Paystream News

Monday 27th Feb, 2017

PayStream have been offering back office services to agencies since 2008 and since then we have gone from strength to strength, so much so that in 2016 the decision was made to break our back office services out into its own company brand - introducing Tifo.

Tifo is a flexible, modular, back-office support service providing a winning combination of cloud-based software and skilled people. In a world of growing competition, compliance and regulatory obligations, we're here to help you keep your head in the game. While you're out there doing what you do best, Tifo is the team behind the scenes and here just some of the services on offer.

Tifo Comply

You can be sent to jail for 5 years and pay an unlimited fine if you're found guilty of employing someone who you knew or had 'reasonable cause to believe' didn't have the right to work in the UK. You can also be penalised up to £20,000 per worker, if you employ someone who doesn't have the right to work and you didn’t do the correct checks, or you didn't do them properly.

So, with the Government cracking down on illegal workers and the obligations on the employers being greater than ever, Tifo has developed a cloud based application that supports companies and recruitment businesses with their compliance needs. Tifo Comply collects and stores documents to evidence ID, RTW and proof of address along with any other documents that you need. You can also use Tifo's software to carry out other external checks such as Electoral roll, Basic Disclosure, DBS, Directorship, Credit and Media checks, References and many more. Integrated with the main document signing software, contracts and associated documents can be accepted and signed electronically via Tifo's contractor portal.

Tifo Bill & Pay

Take away the admin of producing invoices, payroll exports and bank files. The module collates authorised timesheets from contractors and raises accurate invoices for your client. You can produce payroll exports by pay method eg. PAYE, Umbrella or Limited. Just add a payroll provider and the exports are collated accordingly. If you need them, Tifo will also produce the relevant bank files to generate the payments.

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