Penfold, the modern digital pension provider, is thrilled to announce the launch of its new pull integration with Xero – automating pension contribution processing entirely. It eliminates the need for manual uploads or button presses, enabling employers and accountants to set and forget their pension processing.

Penfold’s the first pension scheme to offer this kind of powerful integration to a mainstream payroll software. And soon to be the first pension in the Xero App Store!

For businesses connected to both Xero and Penfold, their contributions are processed automatically every time payroll is run or re-run in Xero. There’s no need for users to log into Penfold to upload contribution files – they can just use Xero as usual and Penfold takes care of the rest. Once contributions are processed, users receive an email confirmation detailing the pension contributions for the pay period.

This integration significantly reduces the administrative burden on accountants, payroll professionals and employers – allowing businesses to save valuable time and resources, and enabling them to focus on more strategic tasks. And it’s included with Penfold’s modern workplace pension that’s free for payroll professionals, accountants and employers.

Penfold’s mission has always been to simplify pensions, making saving accessible and engaging for everyone. With this new integration, Penfold continues to lead the way in modernising the pensions industry, ensuring a hassle-free experience for payroll professionals, employers and savers alike.

And it’s not stopping there. Penfold is set to introduce more features soon, including additional integration that will further enhance the ease and efficiency of pension management for clients.

Chris Eastwood, CEO and Co-founder of Penfold, said, “We’re excited to offer a solution that completely removes the manual effort from pension contributions. Our pull integration with Xero is a testament to our commitment to simplifying pensions and providing a seamless experience for our users. The fact that we’ve developed this integration in just a couple of months speaks volumes about our team’s dedication and agility.”

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To learn more about this integration, join our webinar with Penfold on Wednesday 23rd October at 11am.