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...
What is governance? Governance encompasses the system by which an organisation is controlled and operates, and the mechanisms by which it, and its people, are held to account. Ethics, risk management, compliance and administration are all elements of governance. 4...
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...
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...
Payroll is operating under increased scrutiny in a complex legislative environment with tight resource constraints. Creating a framework to manage payroll governance reduces under/over payment risk and non-compliance, but the know-how and tooling is often not...
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...
It’s easy for busy payroll teams to ignore strategic thinking about the payroll function. Tight deadlines, pay runs need to be processed and a new crisis tends to emerge at least once a fortnight. Time and again, payroll gets stuck as a back office function with...
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...
