EasyLink Serviceshas provided the Prudential with its Electronic Data Interchange (EDI) solution that will enable the company to reduce the cost, time and complexity associated with the electronic return of these forms. EasyLinkâs EDI solution significantly reduces errors due to manual intervention, offers increased security and reliability, allows for forms to be transferred quickly and gives confirmation of receipt of the electronic documents. EasyLink is listed in the Inland Revenue (PAYE-EDI) publication as an approved communication provider.
"EasyLinkâs EDI solution has not only simplified the process of transferring data between ourselves and the Inland Revenue, but as our team no longer needs to re-input the PAYE data it significantly reduces the amount of manual intervention involved, therefore allowing us to use valuable resource elsewhere," said Adam Byford, e-Business Strategy Manager, Prudential Plc.
"With the Governmentâs deadline looming, businesses need to carefully examine their e-commerce requirements," said Colin Clare, Vice President Sales, EMEA, EasyLink Services. "EasyLink can assist businesses in meeting these new electronic requirements. By outsourcing this to us, we can help them file their PAYE easily, quickly and securely."
EasyLinkâs EDI service allows users to send and receive information to and from their own electronic mailbox. EasyLinkâs network then handles all transfers of information from the senderâs mailbox into the Inland Revenueâs mailbox. This allows employers and the Inland Revenue to freely exchange information but at the same time avoids giving direct access to each otherâs internal system.
In addition to adhering to the Governmentâs deadline, Prudential was also keen to deploy EasyLinkâs EDI solution because like most companies in the financial services sector, it processes thousands of paper-based forms on a daily basis. EasyLinkâs EDI solution enables an organisation to simplify management of electronic commerce networks. By setting up a single account with EasyLink businesses can leverage their existing IP infrastructure to connect to trading partners no matter which connectivity method they prefer.