Pay and Bill takes the timesheet and front office input and then processes the payroll and billing requirements for all workers and clients. This efficient process reduces errors, increases productivity and maximises margins.
Compliant with UK Payroll legislation as standard with international capability optional.
Ready to handle the additional complexities of IR35 legislation.
Prevent duplicate data entries with payment to worker and invoice to client in single system.
Delivers electronic invoicing capabilities whilst compiling data for easy and comprehensive auditing, clearly outlining the data included in each transaction.
Timesheets against contractors are the first stage of each Pay and Bill cycle. Talisman accepts Timesheets into the system in multiple ways including:
Everything in Talisman has been designed around batch processing to ensure a consistent audit trail, and ease of integration with other systems. Batches can be created specifically for business units. The system can be configured to the enterprise specific process in many areas including:
Of course, making sure invoices are correct is the most important element to ensure prompt payment.
Talisman has been refined over many years to be able to produce not only invoices, completely customisable per client, but also the backing paperwork.
Invoicing can be created in any format necessary to service each client’s individual requirements. For example, it’s possible to group by Purchase Order, Contractor, Timesheet, Week - and more. It has the capability of including specific information for clients (we call them fast flex fields) to ensure that whatever the customer requirement - and even if it’s not standard - the invoice can have the exact wording and information to ensure prompt payment.
This can be fully integrated through API with other systems including CRM or VMS systems.
Our goal will always be to understand this requirement early on, in fact the design of the Invoice often leads to the design of the rest of the entire timesheet process.
Talisman feels it can lay a claim to creating the first self billing system in the late 1980’s. Your company will likely already have a Self Billing Invoice reconciliation process - and we will aim to understand this early on to ensure this is reflected in the configuration of the system. The first goal of the implementation with will be to understand your process - and therefore install and configure the software stack according to this.