Introducing Brass Payroll: The Ultimate Payroll Solution for Your Business

Brass is committed to providing financial tools and banking services that empower SMEs, entrepreneurs, and business owners to thrive in their ventures. As part of our commitment to supporting businesses, we are proud to introduce Brass Payroll, the complete payroll management tool that simplifies your business’s payroll process, enabling you to focus more on growing your business.

Payroll is more than just a tool for businesses - it is a solution designed to meet the unique needs of entrepreneurs, sole proprietors, and companies of all sizes. With the ability to set up salary payments in multiple locations, create teams, and much more, Payroll simplifies the payroll process and makes it effortless to manage. Whether you have a large workforce or are a small business owner, Payroll caters to your needs.

And the best part? You don’t need any special knowledge to get started with Payroll. Setting up your company’s payroll is quick and easy, and anyone with a Brass account can do it in minutes.

Regarding pricing, there are two different types of Payroll: Simple Payroll and Standard Payroll.

SIMPLE PAYROLL

The businesses under this Payroll do not pay taxes, pensions, and other statutory deductions. For companies with a Payroll under N500,000, they can access the service free and gain access to the following features:

• Standard salary payment
• Use in multiple locations, catering perfectly to businesses with more than one branch.
• Creation of multiple teams
• Easy access to financial reports

For companies with a Payroll above N500,000 but below N999,999, they can access the service at N7500 per month. This gains them access to the following features:

• Standard salary payment
• Use in multiple locations
• Creation of multiple teams
• Easy access to financial reports
• No transaction fee on salary payments

Companies above N1,000,000 can access the service at N15000 per month, gaining them access to all the benefits listed above.

Learn how to set up your Simple payroll here

STANDARD PAYROLL

This applies to businesses that pay taxes, pensions and other statutory deductions. It comes at a monthly fee of N25,000 + N500 per each employee, gaining them access to:

• Standard salary payment
• Use in multiple locations
• Creation of multiple teams
• Setting Up of taxes and pensions
• Automatic tax remittance (Opt-in service)
• No transaction fee on salary payments
• Easy access to financial reports

Learn how to set up your Standard payroll here

In summary, Brass Payroll is the ultimate solution for businesses looking to streamline their payroll processes. With a user-friendly interface, comprehensive features, and ease of use, Payroll enables you to manage your payroll with ease, accuracy, and efficiency. You can now set up payroll for your business by logging into your Brass account or creating an account here