12 September 2019
MHR Analytics has announced a partnership with Braintree District Council, Epping Forest District Council and Colchester Borough Council to manage their pensions return processes.
The streamlined approach will reduce the time and money the authorities spend on identifying and collating employee pension returns, eradicating the risk of financial penalties for inaccurate or late returns.
MHR Analytics – the specialist provider of business analytics and financial performance management – will build on its expertise in payroll, pensions and intelligent software to deliver simplified and accurate monthly and annual data submissions for the three local authorities.
Victoria Braybrook, BCE (Braintree, Colchester and Epping) shared payroll services manager, said: “This is an important part of our drive for digital transformation that will remove much of the resource-heavy burden of preparing pension returns for 3,000 employees across the three local authorities. The new software will save significant public money by removing potential inaccuracies and increasing efficiencies.”
Nick Felton, senior vice president of MHR Analytics, said: “Processing pension returns carries heavy time and cost as well as the risk of financial penalties. We’re delighted this new service is being rolled out across a number of large organisations, resulting in widespread savings across those regions.”
For information about MHR Analytics pensions service, visit MHR Analytics.
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