MantlePay: Embedded Pension Payroll Software
Future proof your payments with Mantle’s embedded solution for payroll, supplier, and one-off payments, powered by Modulr.
Keep reading to discover:
→ What is unique about Mantle’s embedded pension payroll software?
→ How MantlePay simplifies pension payroll?
→ Benefits of MantlePay for pension admins
What is MantlePay?
MantlePay is Mantle’s fully integrated pension payments solution for executing payments post-RTI stage. Mantle’s existing Payroll functionality is over 7 years old, paying tens of thousands of members robustly every month thanks to accurate calculations and RTI functionality. The addition of MantlePay now means administrators can click through to payment execution in an automated flow.
Powered by Modulr’s secure embedded payments technology, MantlePay removes manual file downloads, manual uploads to third party banking portals, and disconnected workflows, allowing pension administrators to execute payments directly within the Mantle platform with a full audit trail.
Faster Payments as standard means extended cut-off times, and Confirmation of Payee service adds cutting edge fraud protection. MantlePay enables the speed, accuracy, and confidence that schemes need to deliver a seamless payment experience for every member, as well as suppliers.
What is unique about Mantle’s embedded pension payroll software?
Mantle’s existing payroll software automates the calculation of pension benefits and supplier payments, and allows future payment runs to be queued and executed on a chosen day.
MantlePay goes a step further by allowing the actual payment execution to occur directly in Mantle. This means pension administrators can calculate, approve, and execute pension payments in the same system, no manual file uploads, no switching tools, and faster, more secure payouts.
How MantlePay simplifies pension payroll
MantlePay cuts payroll processing time significantly and reduces the average cost of processing each payment file, helping administrators deliver a gold-standard, scalable service, without third-party portals, file uploads, or manual exports. MantlePay delivers the following key outcomes to schemes.
1. Complete payment automation
Straight-through payroll processing with no manual uploads, no fragmented workflows, and configurable approval paths. This means time saved and errors reduced.
2. Embedded fraud and accuracy checks
Built-in Confirmation of Payee, account validation, and automated payment checks ensure funds go to the right member.
3. Full visibility and reporting
Real-time payment statuses shared, on-demand reporting, and clear audit trails make reconciliation and client billing simpler and more reliable.
4. Faster, more flexible payment execution
Same-day Faster Payments saves up to 3 days off BACS processes, which enables quicker payouts, extended cut-off times, and greater flexibility for late changes or urgent and vulnerable-member cases.
Key features of MantlePay embedded pension payroll software
Embedded payment execution
Run the entire pension payroll process, from calculation to payment, directly within Mantle, without switching systems or uploading files.
Automated payout workflows
Replace manual steps with automated approvals, checks, and payment initiation, all in a single integrated workflow.
Faster Payments built in
Make real-time or same-day payments as standard, with later cut-off times and greater flexibility for urgent or vulnerable cases.
Confirmation of Payee (CoP)
Reduce fraud risk and ensure payments go to the correct recipient with embedded CoP checks before funds are released.
Full payment visibility and audit trails
Track payment statuses, approvals, and exceptions in real time, with clear and complete audit logs for compliance.
Transparent bank charges and reporting
Access clear fee data and downloadable payment reports to simplify reconciliation and support accurate client billing.
Operational resilience and error reduction
Integrated processes and automated checks significantly cut the risk of mistakes, delays, and manual interventions.
Want to find out more about how MantlePay works?
From benefits for pension admins and members to key features that help schemes streamline pension payroll, download our brochure for everything you need to know about MantlePay.
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Benefits of MantlePay for pension admins
Major time savings through end-to-end automation
MantlePay removes manual file uploads and fragmented workflows, allowing pension administrators to run payroll from one fully automated platform.
Strengthen accuracy and control
Integrated approval flows and real-time visibility reduce errors, improve oversight, and support stronger operational resilience.
Gain transparency and simplify billing
Clear payment data and transparent bank charges make it easier to report, reconcile, and bill clients with confidence.
Extended cut-off times and faster, more flexible payment execution
Embedded Faster Payments and automated checks enable later deadlines, faster turnaround, and smoother operations during busy periods.
Benefits of MantlePay for scheme members
Members get payments faster
With Faster Payments built in, members receive funds quickly—even at short notice.
Members enjoy greater accuracy and fewer errors
Automated checks ensure payments are correct and reach the right person.
Members benefit from stronger fraud protection
Confirmation of Payee (CoP) adds an essential layer of security which protects scheme members from misdirected or fraudulent payments.
Members experience more reliable, consistent service
Fewer delays and smoother processing mean members can count on their pension payments arriving on time.
Mantle’s integrated pension platform
MantlePay is just one part of our complete, integrated pension management software solutions, giving you the tools, automation, and clarity you need to run pension schemes efficiently and confidently.
Integrated payroll treasury and accounts
Mantle features full integration between payroll, treasury, and accounting functions, creating a unified workflow that eliminates data silos.
This integration automatically matches contributions, processes payments, and updates financial records. It greatly reduces administrative work and lowers the risk of errors from manual data entry.
Pensions Dashboards ready
Our platform automatically generates Essential Retirement Information (ERI) and provides real-time analytics through customisable dashboards.
This saves significant time and money while making data-driven decisions with instant access to key metrics and reporting.
100% calculation automation
The system automates 100% of pension calculations processing complex calculations instantly.
This eliminates manual processing errors, reduces administrative burden, and enables your team to deliver faster, more accurate service to members.
My Pocket Pension app
Mantle’s award-winning My Pocket Pension app provides scheme members a modern, intuitive self-service app where they can view their pension details, run retirement calculations, update personal information, and access important documents 24/7.
Our digital-first approach delivers the modern experience today’s members expect.
Book a demo
You’re one step away from seeing Mantle in action. Fill in your details and we’ll be in touch shortly to schedule a discovery call – giving us a chance to understand what matters most to your organisation. From there, we’ll tailor your demo so you can see exactly how Mantle works for teams like yours.
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Pension payroll software FAQs
1. What is pension payroll software?
Pension payroll software is a specialist system used to calculate, manage, and pay pensions to members who are receiving benefits. It handles tasks such as monthly pension payments, PAYE tax calculations, adjustments for changes in benefits, and generating payslips and year-end reports. It also handles supplier, invoice and HMRC payments.
Unlike standard payroll systems, pension payroll software is designed specifically for pension schemes, ensuring accurate pensioner payments, compliance with HMRC requirements, and smooth integration with wider scheme administration processes.
2. How do embedded pension payments work?
Embedded pension payments refer to pension payments that are automatically processed and delivered through integrated systems, such as payroll or banking software, without requiring manual intervention for each payment.
In practice, this means a pension administration system or payroll platform calculates the correct pension amount for each member, applies any tax or deductions, and then initiates the payment directly into the member’s bank account. The system also updates records automatically and produces reports for compliance purposes.
This approach reduces errors, saves time, and ensures pensioners receive their payments on schedule.
3. What are the security considerations for embedded pension payments?
Embedded pension payments handle sensitive personal and financial data, so security is essential. Systems should use strong encryption, controlled access, multi-factor authentication, and audit logs, while also monitoring for unusual activity. Payments should use Confirmation of Payee (CoP) checks to verify the recipient’s bank details before funds are sent, reducing the risk of fraud. Compliance with data protection and pension regulations helps protect both the scheme and its members from errors or misuse.
4. What are the benefits of pension payroll software?
Pension payroll software makes pension payments faster, safer, and more transparent. It automates payroll processing, reduces errors, and includes built-in fraud and accuracy checks like Confirmation of Payee. You get real-time payment visibility, clear reporting, and audit trails, while same-day Faster Payments give flexible, quicker payouts — perfect for urgent cases or vulnerable members.