Employee Cost Analytics - Monitor & Correctly Pay Salaries, Entitlements, Superannuation, Overtime and Allowances

Monitor & Correctly Pay Salaries

Summary

Analyse and make strategic decisions with confidence by reconciling your payroll data against modern awards, enterprise agreements and legislation.

Incorrectly paying employees can result in significant penalties and damaging adverse media attention. The intricate and complex nature of agreements and modern awards demands secure, scalable solutions, able to handle growing transaction volumes and regular, proactive monitoring and testing to monitor & correctly pay salaries.

Employment Cost Analytics augments your organisation’s operations with super-human memory, processing power and insights to generate timely, consistent, deliberate and reliable analytics for a greater chance at success.

Data Collected

Key Technologies and Processes

Outcomes

Pay employees correctly with confidence and proactively remediate any issues discovered.

Improve productivity and reduce overtime and additional costs through better planning and rostering.

Analyse and optimise superannuation to identify remediation opportunities.

Monitor excess leave balances or excess leave taken.

Simplify your agreements to reduce complexity and cost.

Identify areas for controls, training and process improvement.

Automated, alerts and monitoring when solution is deployed.

Handle large volumes of data with scalability and performance.

Perform super-human levels of analysis and decision making.

Feed the obtained data into predictive models and use machine learning to predict workforce demand and rostering.