Read how Pleo dramatically reduced the UK payroll management burden with Pento.
Pleo has been growing rapidly in the UK since its launch in 2017. With Pleo’s bigger UK team, managing payroll had become a growing hassle. They were previously outsourcing UK payroll to an external payroll agency.
A seemingly good solution resulted in a few painful processes:
Jacob Busck Andersen, Pleo’s finance director added: “As a progressive B2B fintech player we really thought there had to be a better way. The level of manual work and potential for errors with an external payroll provider was not scalable for us. It’s much easier to do payroll in our home country Denmark, for example. We were sure there has to eventually be a more modern and automated way to do payroll in the UK.”
Since its inception in 2016, Pleo’s smart credit cards have been transforming business spending across Europe.
Today, over 9000 companies are using Pleo across six markets: the UK, Denmark, Sweden, German, Ireland and Spain.
The Pleo app helps users to capture receipts on the go and categorise spending in seconds. Pleo means freedom from the stress of expense reports and paying out of pocket - and power to your people.
Pleo made the switch to Pento in April 2020. The transition was seamless and done in a matter of days.
Pento’s quick onboarding process and assistance made it possible for Pleo to switch without retyping all employee information or much other manual work. When they logged in for the first time, all of their existing employee and company information was already in the Pento platform.
Pleo now runs UK payroll internally and solely on Pento. Because Pento connects to HMRC and their pension provider NEST, Pleo’s finance team only has to make sure the employee earnings are correct. Everything else is automatically taken care of by Pento:
Now that Pleo is fully onboard with Pento, their finance team has freed up time for more higher-level tasks and not worry about the small payroll details:
Jacob Busck Andersen, Pleo’s finance director added: “So far, we’ve been very satisfied with Pento. Their customer success team is extremely fast to respond to all of our questions and the product just works. We can’t wait for further enhancements to the platform that will bring even more control and visibility to our finance team and, on the other hand, more transparency and simplification of the paycheck to the employees. I would highly recommend Pento to all fast-growing companies in the UK - it’s a no-brainer decision and a big step change from the previous UK payroll solutions.”
Of course this is just the beginning of the story. Pento is soon adding more functionality that will support Pleo’s fast growth in the UK. From advanced approval workflows, employee app and integration with Pleo’s HR system.