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SEPA Compliance Deadline

By 8th January 2014August 13th, 2021No Comments

 

Did you know that the SEPA compliance deadline is 31st January 2014? This means that in order for your business to continue to pay employees SEPA compliant payroll must be used from February 1st.

The single euro payment area (SEPA for short) is a European Union regulation that will simplify transactions and make doing business easier. A key benefit for businesses is that faster settlement and simplified processes will improve cash-flow and potentially reduce cost. It will apply across 33 European companies, including Ireland. For more information visit readyforsepa.ie

The Big Red Book Payroll 2014 software package is SEPA compliant to make the transition easier for you, your business and of course your employees. Designed by accountants for accountants our philosophy to keep things simple. We have one-to-one support always available and ready to take your call. If you need to upgrade your payroll software check out Big Red Book for more details.

Marc O'Dwyer

Marc O'Dwyer

After completing a Graduate program in Marketing, Marc’s impressive sales career began at Allied Irish Banks, Pitney Bowes and Panasonic where he received numerous Irish and European sales performance awards and consistently exceeded targets and expectations. In 1992, Marc’s entrepreneurial spirit led him to set up his own business, Irish International Sales (IIS). Initially, this company was a reseller for Take 5 Accounts and Payroll software. Within four years, IIS became the largest reseller of Take 5 in Ireland, acquiring four other Take 5 resellers. He also found time to set up two mobile phone shops under the Cellular World brand and a web design company offering website design services for small businesses. In 2001, he bought the majority share in a small Irish software business, Big Red Book. At that time, the company was losing money. The company became profitable within two months, and Marc then acquired a payroll company to compliment Big Red Books Accounting products. In 2003, IIS were appointed as Channel Partners with SAP for their new SME product, SAP Business One. Marc sold his Take 5 business and concentrated on developing this new market for SAP As a result, by 2007, IIS was recognised as the largest Channel Partner for SAP in EMEA (Europe Middle East and Africa). In 2008, the IIS Sales Manager bought the Company from Marc in an MBO. He launched Big red cloud in June 2012, the online version of big red book, to date the company successfully converts 59% of trials into sales and the number of customers is growing rapidly. Marc continues to run both Big Red Book and Big Red Cloud which now support 75,000 businesses. He is a very keen sportsman, having played rugby for 20 years, represented Leinster at under 16 and under 20 levels, and league squash with Fitzwilliam Lawn Tennis Club for 10 years. Marc has competed in 11 Marathons, including the London and Boston Marathons, and has completed several Triathlons and Half Ironman races. He has also completed six Ironman Races in Austria(x2), Frankfurt (Germany), Nice (France) , Mallorca (Spain) and Copenhagen (Denmark)

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