Payroll is an essential part of business operations. It’s vital to have the right systems and processes in place to simplify data management, improve quality and increase employee engagement.
This checklist outlines the must-haves of every payroll system.
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Centralised documents |
Easy access to electronically stored employee documentation. |
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Compliance |
EBA, Employment Relations Act (AU) and New Zealand Holidays Act compliance. |
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Date-sensitive intelligence |
Automated date sensitivity for new starters and terminations. |
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Employee self-service |
Capture data and automate workflow. |
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End-of-year reporting |
Automate end-of-year reporting and other requirements. |
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Flexible dashboards |
Dashboards with drag-and-drop functionality that create customised screens and views. |
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GL mapping |
Exportable information that interfaces direct to external finance systems. |
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Leave management |
Automatic accruals, easy access to leave history records, intuitive employee and manager self-service. |
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Reporting |
Information in any format, sharable with those who need it the most. |
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Single employee masterfile |
One record for each employee, centralising all information in one place. |
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Taxation |
Accurate reporting and timely payment. |
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Tax filing |
Automated, secure electronic tax files sent direct to Government. |
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Time and cost management |
Timesheets entered directly into the payroll system or via an ERP. |
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Workflows |
Sophisticated online forms and workflow that replace tedious, manual processes. |
Affinity manages end-to-end payroll operations for organisations with 200+ employees across Australia and New Zealand. Our services range from processing pays, to superannuation clearing, to award management. Our world-leading technology delivers employee self-service and manager dashboards, while our team of payroll experts provides both helpdesk and direct staff support. Our managed payroll services help organisations cope with the complex demands of today’s digital world.
