What makes us different?
While our engagements vary, the core problems we help our clients with remain the same. Many clients ask us similar questions about their payroll operations.
Australian Payroll Association has experience in completing audits required from a Fair Work Enforceable Undertaking (EU).
- Is my payroll delivery strategy the most efficient and compliant as it can be?
- Is outsourcing/inhouse payroll function best for my organisation?
- Do I have satisfactory governance and controls in my payroll process to mitigate risk of error and fraud?
- Can my payroll operation be delivered more cheaply?
- Am I using the best payroll technology or service for my organisation?
Payroll 360 TM
All our engagements are based on a seven step Payroll 360 TM Methodology. Once we have a 360 view of your payroll function, we can work to optimise it for cost and compliance.
Understanding your end to end payroll process and what recommendations might be required to ensure a rigorous process without compromising accuracy or costs to deliver.
How we can help
An end to end assessment of your payroll operation and delivery of payroll best practice. We aim to identify ways to optimise your payroll process with simplification, standardisation and governance at the core of all activities.
We can include analysis and costs on how your payroll process might be improved with a change in payroll delivery strategy or technology.
|End to end walkthrough||Obtain an understanding and document how processes currently work and what documentation supports them.|
|Risk assessment||Determine tolerance for error in outcomes considering complexity of function, scale, manual or automated process, extent of work completed outside payroll systems, history of error, judgement/subjectivity in execution.|
|Identify gaps or opportunities||Understand where control gaps arise as well as opportunities to modify current activities.|
|Optimise||Consider areas of double handling of information, data or reporting and manual processes to identify areas for efficiency and service improvement. This will include opportunities to stop, standardise or automate certain processes.|
|Mapping||Develop and end-to-end process map of both current and proposed processes.|
|Test and reporting||Action optimisation and governance change and put into business as usual processes and document (completed by client)|