Is your practice losing money through payroll inefficiencies?

Millions of pounds are being wasted in the NHS each year through overpayments and inefficiencies in payroll, a report has found.

The London School of Economics and the Policy Analysis Centre estimated that over £70 million is being lost each year. This was broken down to a “very conservative estimate” of at least £30.5 million being lost each year through overpayments due to issues with manual inputting, and an additional £41 million being lost through general errors and corrections in payroll systems.

The report highlighted audit reports that found that Barts and the London NHS Trust had made overpayments of approximately £1 million a year for at least two years, with one doctor in particular receiving £126,000 in overpayments over three years. It went on to show how Kent NHS Trusts had also made over £3 million in overpayments over five years.

These issues were not specific to one part of the country however, with similar problems being noted across the NHS for a number of years. Certain trusts have even had to resort to hiring debt collectors in the past to chase staff overpayments.

“Even the smallest failures in staffing levels or payroll accuracy have a significant impact on clinical effectiveness and the costs of the NHS, given the overall size of the workforce” the study stated.

One step you can take to ensure your practice is not losing money is making sure you have the right payroll software in place. IRIS GP Payroll is RTI compliant payroll software designed to handle GP specific requirements.

Did you know you can try IRIS GP Payroll today, completely free?

Try IRIS GP Payroll

Stephanie Coward

Managing Director, HCM

Stephanie Coward is Managing Director for HCM at IRIS, where she leads the strategy, innovation and growth of the organisation’s HR and payroll portfolio. She is responsible for positioning IRIS as a trusted partner to HR professionals and ensuring its solutions support the evolving needs of modern workforces.

With more than 25 years’ experience in the technology sector, Stephanie brings deep commercial and operational expertise, with a passion for improving the employee experience through technology.

Stephanie is committed to advancing IRIS’ HCM offering and helping organisations build more resilient, empowered workforces.