Register for our free upcoming webinar - Australian Payroll Uncovered: Exposing The Hidden Secrets of Underpayments Register now
Want to know your payroll risk score? Complete our 10-minute payroll compliance risk questionnaire
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.
PayPrecision seamlessly integrates with your payroll and time and attendance systems, identifying errors in pay before pay goes out.
.png)
A fully automated platform, connected with your systems.
.webp)
Configured with your business’ defendable interpretation.
.webp)
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.
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.
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.
Create custom reporting and dashboards whenever you need within the system. Optimise your payroll and workforce to drive informed data-driven decisions.
Understand and see for yourself the benefits of PaidRight’s PayPrecision product with a trial.
Data is pulled from your time and attendance system and any errors or gaps are surfaced in minutes.
Using the workflow tool, assign tasks to managers to fix errors or gaps in your timesheets before going to a trial pay-run.
Review both time and attendance and trial pay to identify any errors with entitlements including: rates, overtime triggers and variance between the two systems.
Send a summary email of all changes to management for sign off and send pay out to all of employees knowing it’s compliant.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
.webp)
.webp){kind=small}
