How to manage payroll risk

by Lee Kennedy | Jun 5, 2023 | Payroll professionals, Audit, Risk & Compliance, Executives

Table of Contents: 1 Payroll risks you should be across 2 How to mitigate payroll risk 3 Steps to get started For a lot of Australian organisations, the payroll function is under-invested and under-resourced, with potential dangers lurking below the surface. A recent...

Practising payroll governance in higher education

by Lee Kennedy | May 12, 2023 | Payroll professionals, Audit, Risk & Compliance, Executives

Table of Contents: 1 What is governance? 2 Why is payroll governance important? 3 Key payroll challenges in Higher Education 4 How one sandstone uni is tackling governance using tech 5 How to get your payroll team to practise good governance What is governance?...

How to get your payroll processes documented

by Peter Forbes | Apr 20, 2023 | Audit, Risk & Compliance, Executives

This article is part 3 of our Payroll Governance Essential series. We’ll go more in depth about documenting your payroll processes. We also have a free downloadable PDF that covers the 8 essential items of payroll governance. Our last article focused on the...

Building payroll transparency with a work schedule

by Peter Forbes | Mar 24, 2023 | Audit, Risk & Compliance, Executives

This article is part 2 of our Payroll Governance Essential series. We’ll go more in depth about work schedules and how to build payroll transparency. Don’t forget to read part 1 of our series to get a better understanding of governance, plus we have a free...

How to better manage payroll governance, risk & compliance

by Lee Kennedy | Oct 6, 2022 | Payroll professionals, Audit, Risk & Compliance

Table of Contents: 1 The current governance and compliance landscape 2 What’s involved with payroll governance? 3 What issues does payroll GRC address? 4 GRC for managers accountable for the payroll function 5 5 key areas to better manage payroll governance 6 Webinar:...

How to build a structured approach to payroll compliance

by Lee Kennedy | Aug 9, 2022 | Audit, Risk & Compliance, Payroll professionals

Over the last few years, the payroll function has moved more and more under the microscope. It appears that no organisation is safe from the risk of overpayments or underpayments, making compliance management one of the tougher gigs. Watch our free payroll compliance...

A quick guide to creating a payroll compliance strategy

by Peter Forbes | Jun 20, 2022 | Audit, Risk & Compliance, Payroll professionals

Table of Contents: 1 Key aspects of payroll compliance 2 A framework for payroll compliance activities a    Build a repeatable engine b    Show the proof c    Review, automate and improve 3 Build sustainable payroll...

Handling ABA files in payroll: A best practice checklist

by Lee Kennedy | Jun 7, 2022 | Payroll professionals, Audit, Risk & Compliance

Processing and handling ABA (Australian Bankers Association) cemtex files is often identified as a weak spot in payroll processing.  Most payroll systems are set up with roles and permissions, audit trails and exception reports. However, they’re often not built to...

Australian payroll compliance calendar [critical dates]

by Lee Kennedy | May 26, 2022 | Payroll professionals, Audit, Risk & Compliance

Provided by Paytools, this calendar contains critical dates for key employee/payroll deadlines throughout the year that applies to all businesses. What’s included in the Australian payroll compliance calendar? Workplace Gender Equity Reporting Dates Payroll Tax...