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Effective URL: https://www.paidright.io/pay-precision
Submission: On October 02 via manual from IN — Scanned from DE
Effective URL: https://www.paidright.io/pay-precision
Submission: On October 02 via manual from IN — Scanned from DE
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Register for our free upcoming webinar - Eliminate Underpayments Before They Happen: Discover PaidRight's Automated Workflow Tool Register now Solutions PayPrecision Ongoing Compliance product. Identify and fix payroll errors during the pay-run Wage Remediation A tech-enabled wage remediation solution that is faster and better. Risk Assessment A payroll risk assessment for strategic decision making in 10 days. About Us Customer Stories Resources Blog Read our latest industry updates and award guides Webinars Free and on-demand PaidRight webinars Resource Hub Free downloadable models and templates for your team Request a call Solutions PayPrecision Ongoing compliance product-fix payroll errors during the pay-run. Wage Remediation A tech-enabled wage remediation solution that is faster and better. Risk Assessment A payroll risk assessment for strategic decision making in 10 days. About UsCustomer Stories Resources Blog Read our latest industry updates and award guides Webinar Free and on-demand PaidRight webinars Resource Hub Free downloadable models and templates for your team Request a call Paidright’s payprecision IDENTIFY AND FIX PAYROLL ERRORS BEFORE THEY HAPPEN With less than 72 hours to get pay out and thousands of employees to pay, errors can easily slip through the cracks. PayPrecision helps you catch these errors so you can pay your people correctly every time. Request a call TRUSTED BY AUSTRALIA’S MOST PROMINENT BRANDS $ 15B + IN WAGES REVIEWED 500K + EMPLOYEES REVIEWED 500 + PAY MODELS BUILT DON’T LET COMPLIANCE SLIP THROUGH THE CRACKS. GET PAY RIGHT, EVERY TIME. PayPrecision seamlessly integrates with your payroll and time and attendance systems, identifying errors in pay before pay goes out. API INTEGRATION A fully automated platform, connected with your systems. AWARD INTERPRETATION Configured with your business’ defendable interpretation. IDENTIFY ERRORS AND GAPS IN YOUR TIMESHEETS INSTANTLY Delegate with the workflow tool to instantly identify and fix gaps and outliers in your time and attendance data so you don’t spend half a day cleaning, reviewing, and updating timesheets. ADVANCED COMPLIANCE CHECKS BEFORE PAY GOES OUT Ditch the exception tests and spreadsheets! PayPrecision recalculates entitlements for every shift against the relevant industrial agreements so you can quickly update the source systems before you send payroll out. GET PAY RIGHT, EVERY TIME, WITH CONFIDENCE Track all issues that are identified and fixed so you have an audit trail of what happened. Then easily send a summary email to senior management for approval and proof you are doing everything possible to be compliant. ENHANCE YOUR PAYROLL COMPLIANCE REPORTING Create custom reporting and dashboards whenever you need within the system. Optimise your payroll and workforce to drive informed data-driven decisions. build your internal business case TRIAL PAIDRIGHT’S PAYPRECISION Understand and see for yourself the benefits of PaidRight’s PayPrecision product with a trial. Learn more about a trial doesn’t my time and attendance system do this? ERRORS OCCUR EVEN WITH THE BEST TIME AND ATTENDANCE SYSTEMS Request a call 1 PayPrecision automatically reviews your roster and timesheet data Data is pulled from your time and attendance system and any errors or gaps are surfaced in minutes. 2 Delegate and fix any errors in your records Using the workflow tool, assign tasks to managers to fix errors or gaps in your timesheets before going to a trial pay-run. 3 Replace your trial pay exception testing Review both time and attendance and trial pay to identify any errors with entitlements including: rates, overtime triggers and variance between the two systems. 4 Approvals and send pay out Send a summary email of all changes to management for sign off and send pay out to all of employees knowing it’s compliant. TRANSFORM THE WAY YOU WORK The goal is to enhance how you do your compliance checks, highlighting errors in your payroll before pay goes out, so you can avoid missing them and costly remediations. About PaidRight USEFUL RESOURCES BLOG PREPARING FOR WAGE REMEDIATION: A 12-STEP GUIDE Read more WEBINAR UNDERSTAND THE FINANCIAL IMPACT OF YOUR AWARD INTERPRETATION Watch now WEBINAR ELIMINATE UNDERPAYMENTS BEFORE THEY HAPPEN: DISCOVER PAIDRIGHT'S WORKFLOW TOOL Watch now HAVE MORE QUESTIONS ABOUT PAYPRECISION? WHAT IS PAYPRECISION ? PayPrecision is an advanced solution designed to enable payroll teams to identify and rectify payroll errors before the payroll is processed. By leveraging automated checks and real-time data analysis, PayPrecision ensures accuracy and compliance with payroll regulations, minimising the risk of costly mistakes and enhancing overall payroll efficiency. DOESN’T MY TIME AND ATTENDANCE SYSTEM ALREADY DO THIS? Depending on what system you use, many systems are designed and run by international companies and can’t handle the complex clauses in Australia’s awards and enterprise agreements. These time and attendance systems are not designed to catch errors when being used, which has led to large wage underpayments across every major industry in Australia. Even with the best time attendance system in place your payroll team still needs to check and review each pay - PayPrecision makes that process comprehensive and easy. HOW LONG DOES IT TAKE TO IMPLEMENT? Our implementation phase takes no more than three months to be completely operational. During this time we will build the integrations into your systems, configure your agreements and train your team on how to use the system. We also deliver value from week one by providing you with three retrospective reviews during implementation. HOW FAST DOES THE SYSTEM REVIEW OUR DATA? Once operational the system will review your entire payroll in 5 minutes. The use of over 1,800 automated checks make this process extremely fast and accurate. WHAT’S THE PRICING MODEL? The pricing model is set-up as an annual subscription to the system. There is an implementation fee that is also charged as a one off payment to get you operational on the system. WHO DECIDES HOW THE INTERPRETATION IS CONFIGURED IN THE SYSTEM? We will be guided by you and your legal team on how you want the agreements configured in the system. Our implementation team will work closely with you to ensure the configuration is aligned with your business’ defendable interpretation. If you decide you would like to change your interpretation this can be done at any time in minutes. WHAT TYPE OF REPORTING DOES PAYPRECISION PRODUCE? There are over 350 data tables that the system produces based on the comprehensive compliance checks that are pre-built. During implementation our team works with you to surface the types of reports that you need. DO YOU INTEGRATE WITH MY SYSTEMS? During implementation we will build the integrations to your systems. During this time we ask you to manually upload your payroll data for the first three months so you gain value from the very beginning and we can understand what your data looks like. DO I HAVE TO INTEGRATE? No you don’t. If integrations are not possible you can manually download standard reports from your systems and upload them into the system. This will require more time from your team so we recommend integrations - however both still work. Eliminate Underpayments Before They Happen: Discover PaidRight's Automated Workflow Tool Online 30th August 2024 - 11:00am AEST Register now PRODUCTS * PayPrecision * Wage Remediation * Risk Assessment COMPANY * About Us * Partnerships * Privacy Policy * Security RESOURCES * Blog * Webinars * Annualised wage roster model * Record-keeping Scorecard Level 6, 320 Pitt Street, Sydney info@paidright.io paidright 1300-594-411 Stay up to date with PaidRight Thank you! Your submission has been received! Oops! 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