- Always improving
- No more static spreadsheets, PayRec is fully supported and will evolve with your business
- Instant take off
- Effortless to use, import your current & comparison payroll results and you’re off. You can even try it for free
- Safe & secure
- Maintain full privacy, data will never leave your hands and your payroll system will remain untouched
Easily load pay period reports
Select your current & comparable payroll reports to import. PayRec recognises all common payroll system formats, with the option to manually configure your own mapping.
View only variances that need attention
PayRec displays the employees & pay items that need attention while filtering out allowable variances (you can set your own rules or use the pre-defined rules). First step – resolve your employees!
Review & reconcile employee variations this period
Reconcile individual employee records by signing off & commenting on each variance, pay categories with variances tied to new or lost employees will dynamically update on acknowledgement. A log against each employee will automatically be generated.
Review & reconcile each pay type
Drill down to the salary variance for individual records to review & reconcile. Make a comment against all flagged records. All super & tax tied to earnings will automatically resolve with acknowledgement.
Track your progress
Revisit your dashboard to view the progress of your payroll reconciliation. Once all variations have been acknowledged under a pay type category, the box will turn green.
Define payroll reconciliation rules
Use pre-built rules or define your own to automatically ignore expected variances or flag unexpected payments to investigate.
Share a summary report to show your workings
Download a summary report to share with the finance, validating variances of the current pay period with comments against reconciled items.
Archive & prepare for the next period
Quickly rollover your analysis so it’s ready for the next comparable period, ensuring you are always accessing up-to-date data.
Curious how it will work for you?
Enter your details and start your payroll reconciliation 14-day free trial today.