Sage and Smart Pension team up to help automate pensions for SMEs

Two women sitting in a meeting room busy with desk work | Sage and Smart Pension team up to help automate pensions for SMEs

Key Takeaways

Smart Pension has partnered with Sage to create a 'one-click' pension solution that automates payroll and simplifies pension management for employers and advisers.

The integration of Sage 50 with Smart Pension's API will enhance efficiency, save time, and improve customer experience by automating pension contributions directly within the software.

This collaboration aims to reduce administrative burdens on payroll and HR departments, allowing business owners to focus more on growth and less on complex pension setup processes.

Smart Pension, one of the UK’s leading workplace pension providers, has partnered with Sage to collaborate on a ‘one-click’ pension solution for employers and advisers.

The ‘one-click’ solution for employers is set to allow them to embrace automation as part of payroll’s digital transformation.  

The integration of Sage 50 and Smart Pension’s API can enable businesses to manage their pension contributions with more automation, which helps drive greater efficiency, extra simplification, time-saving and a better customer experience.

As an added benefit, the collaboration promises a quick and efficient payroll integration and processing all from within the software – helping with enhanced analysis and more reliable data, leading to increased productivity. 

Jamie Fiveash, CEO of Smart UK, said: “We are dedicated to connecting payroll and pensions, so we are proud to team up with Sage again to increase access to great pension technology for more small businesses in the UK.

“We chose to work with Sage to deliver this integration due to Sage’s long and impressive record in accounting and compliance and its strategic alignment with Smart Pension. We serve all ranges of employers, including a substantial number of small and medium enterprises (SMEs), so combining our expertise brings the right technology solutions to small business owners at the right time.” 

Steven Watmore, Sage 50 payroll product manager at Sage, added: “Our partnership with Smart Pension is important to us as it helps us automate and simplify more of the work payroll and HR departments do. 

“Setting up and managing a workplace pension is admin-heavy for customers and this partnership will reduce the time spent and anxiety associated with completing the task. This will allow managers and business owners greater time to focus on growing their businesses.” 

The news follows Sage’s recent development as the company launched a new online community last month – the Business Advice hub, offering support, help and advice to SMEs in the UK and Ireland.

Using the hub, businesses will be able to connect with Sage, industry experts and each other to exchange information and share advice on topics related to their businesses, skill sets and personal development.