If you want to provide a virtually paperless, 100% ethical Childcare Voucher scheme for your employees, TEDSgroup Childcare Vouchers is the right choice for you. Once set-up, with TEDSgroup everything is completely automated. The process protects the environment and provides a more efficient system for employers and employees.
TEDSgroup operates a 100% secure Direct Debit and Direct Credit fund transfer process, ensuring that funds are moved effortlessly and instantly, ensuring that the childcare provider receives their funds on time, every time. With TEDSgroup Childcare Vouchers , there’s no accounting hassles, no employee confusion and no non-payment, it is a simple and straightforward childcare voucher scheme, just the way you want it to be.
By opting for the TEDSgroup Childcare Voucher scheme, your employees are guaranteed to receive 100% of the benefits that they qualify for. Whilst some childcare voucher providers wait for employees to manually activate the ‘draw-down’ process to process fund transfer from their bank accounts, TEDSgroup automatically transfers funds, which are paid on the 1st working day of the month. Furthermore, some childcare voucher providers have ‘voucher expiry dates’. With TEDSgroup, your vouchers are always valid, for as long as the Government scheme is valid. In the event that the childcare initiative is withdrawn all funds held will be refunded.
TEDSgroup has a comprehensive ethical Corporate and Social Responsibility policy and its banking partner is widely recognised for being a leader in the provision of ethical banking in the UK.
The benefits for SME's using TEDSgroup Childcare Vouchers include: