Payroll is a crucial aspect of any business and focuses on calculating employees’ pay, entitlements and legislative requirements. A payroll framework needs to be designed to address the entire payroll needs of an organisation including payments, deductions costing, entitlements, pay rates and periods.

Automation in Payroll also can achieve vast reductions in processing time as well as increased data accuracy, ensuring that staff will be paid correctly - first time and every time.

Today’s leading payroll solutions enable organisations to provide fast and accurate payment, deduction and entitlement calculations. These calculations can typically be of any kind including benefits, varying employee

agreements and redundancy pays. Retrospective pays and both salary and wage pay runs at any interval are also possible.

Many organisations seek a payroll system that can handle multiple payrolls with multiple locations. Pays should be able to be processed weekly, fortnightly and monthly, and pay rates should be automatically incremented based on age or service; they should also handle large numbers of part-time and frequently changing contracts.

In addition organisations often require payrolls that can be managed for any number of different companies, with full labour costs being calculated, including on-costs such as superannuation, payroll tax, work cover and leave liability provision.