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PaidRight is a payroll compliance platform that rapidly recalculates every shift of every employee against complex modern awards and enterprise agreements. Swiftly highlight errors in your payroll so you can fix them before wages are paid.
The PaidRight platform ingests payroll data and recalculates pay against awards and enterprise agreements to identify errors quickly and accurately. It enables users to accelerate and enhance the accuracy of wage remediation projects, while also offering ongoing, tech-driven compliance controls that help proactively detect and resolve payroll errors.
All organisations want to be confident that they are paying their people correctly. The complexity of the payroll domain has made this hard to achieve, but PaidRight makes being confident about compliance easy.
Be proactive with payroll compliance. Prevent underpayments before they happen and maintain a full audit trail of checks and changes for complete transparency.
Eliminate overpayments, reduce the need for regular audits, and avoid costly remediations by staying proactive with payroll compliance.
Streamline payroll checks with a centralised workflow, eliminate manual calculations, and easily update award interpretations for faster, more accurate compliance.
Ensure payroll accuracy by reviewing every shift for every employee. Catch errors early, stay compliant, and build trust with precise, reliable pay.
Quickly spot payroll errors, flag them for your team, and resolve issues before they affect pay, ensuring smooth and compliant payroll processing.
Check your payroll data against award and EA legislation to identify any variances in rates, overtime, and penalty calculations, ensuring full compliance and accuracy every time.
Every compliance check is meticulously logged, creating a comprehensive audit trail. This ensures you can easily track actions, identify gaps, and demonstrate your commitment to compliance to stakeholders and regulators with confidence.
Keep digital, consistent, and up-to-date versions of your award and EA interpretations all in one platform, so you can prove its correct application across your systems.
Run boot tests to track annualised salaries and quickly reconcile any discrepancies, ensuring compliance and accurate pay calculations
Use our risk assessment to get your compliance score, identify payroll risks, and take control with actionable insights
Payroll compliance ensures that businesses meet their legal obligations when paying employees, including adhering to awards, enterprise agreements, minimum wage laws, tax regulations, and superannuation requirements. It’s about paying employees accurately and on time while minimising risk for the organisation.
A payroll compliance audit is a detailed review of payroll processes, payments, and records to ensure they align with applicable employment laws, tax obligations, and agreements. It identifies underpayments, overpayments, and other discrepancies that may require correction to avoid penalties or employee dissatisfaction.
Payroll compliance software automates the complex process of checking payroll data against legal requirements and agreements. It helps identify risks, flag errors before payments are made, and ensure ongoing compliance with changes in legislation.
Payroll compliance legislation refers to the laws and regulations governing employee payments, tax obligations, superannuation, and entitlements. In Australia, this includes the Fair Work Act, the National Employment Standards, Modern Awards, Enterprise Agreements and various state and federal tax laws.
Payroll compliance legislation protects employees' rights to fair pay and ensures employers meet their obligations. It builds trust between employers and employees, reduces the risk of legal and financial penalties, and enhances an organisation's reputation for fairness and transparency.
Payroll compliance software is a digital solution designed to automate and simplify compliance checks. It ensures payroll accuracy by cross-referencing data against laws, awards, and agreements in real-time or during pay runs, reducing the reliance on manual checks.
Payroll compliance software audits payroll data, identifies discrepancies, and generates reports for risk exposure. Advanced solutions, like PaidRight’s PayPrecision, also provide ongoing monitoring and controls, enabling organisations to prevent underpayments and overpayments as well as meet compliance requirements efficiently.
Payroll tax compliance involves ensuring accurate calculation, reporting, and payment of payroll taxes to the relevant authorities. This includes understanding thresholds, exemptions, and specific state or territory requirements in Australia.
Payroll compliance software replaces manual payroll reviews, which are often time-consuming and prone to human error. It provides an efficient and accurate way to manage compliance, ensuring errors are detected and resolved before they lead to costly mistakes or penalties.
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