It’s more important than ever for the payroll function to demonstrate and develop its controls, structures and practices to ensure accurate pays, adherence to workforce obligations and minimise risks inherent in payroll. No longer is it acceptable at board level...
In almost every pay run process, someone outside the payroll team needs to review or approve the payments before finalising bank files and payroll. Typically, this review is managed manually by sending emails with attachments to approvers and waiting for a reply. This...
Overview In the world of payroll management, stress often comes with the territory. Long hours, holiday crunches and the constant pressure to meet deadlines can make payroll a source of anxiety for many teams. However, by adopting a structured approach, these...
Overview At Paytools, we believe in cultivating a culture that is focused on empowering employees and continuous learning. We take pride in developing people personally and professionally. That’s why we’ve put together this article outlining why team learning and...
Overview Payroll departments are often on the front line when it comes to employee enquiries. Common queries range from pay, timesheet and leave questions, through to processing new hires and terminations for managers. Some requests are time critical for the current...
In the past, payroll has been overlooked and seen as a back-office function. But things are shifting. Payroll is maturing and is now starting to receive the recognition it deserves. It’s a critical function, imperative to the success of any business. So, now...
For a lot of Australian organisations, the payroll function is under-invested and under-resourced, with potential dangers lurking below the surface. A recent AFR interview with Tracy Angwin, CEO at Australian Payroll Association, reinforced some hard hitting issues...
