Payroll Consulting Practice

Raising the potential and profile of payroll

Unlock the true value of your payroll function

The objective for payroll has always been simple – pay your employees accurately and on time. Payroll has historically been seen as a low risk function, generally automated (or outsourced) – one which rarely troubles the higher levels of management, as long as it is running smoothly. To that extent, you probably haven’t given it a great deal of management time or attention.

This means many organisations are not accessing the true value of payroll. Technological advancements, the power of data analytics and changing employee demographics provide the opportunity for organisations to take a critical look at their payroll function and identify where there are potential improvements, leading to cost savings, increased efficiencies and improved employee engagement.

Organisations should seize and address the opportunities and challenges facing payroll. Technology now provides an opportunity for payroll functions to evolve and become valued business partners. At the same time, they still need to manage the financial and reputational risks of processing payroll late or incorrectly, or of failing to adhere to evolving data privacy and protection regulations.

How can we help?

PwC are delighted to announce the launch of its Payroll Consulting Practice and alliance with Australian Payroll Association.  The Payroll Consulting Practice has been established to advise companies on how to increase the efficiencies and manage the risks inherent in their payroll functions.

Contact us if:

  • You want to optimise the efficiency and effectiveness of your payroll function
  • Your payroll technology needs workarounds to make it work, or there are high levels of manual reinputting built into the process
  • You are concerned that your obligations to the revenue authorities and Fair Work are not being calculated correctly
  • You want to understand how the cost of delivering payroll for your organisation compares to the average, and best, performers in your industry - and where there are opportunities for reducing costs

Design

  • Review current payroll set up and design optimal payroll delivery model for your organisation
  • Advise you on defining key requirements for payroll solutions, identify appropriate vendors and support you with managing the selection process

Implement

  • Project manage payroll implementations and integrations
  • Advise on, and manage the process of, consolidating payrolls

 

Manage and support

  • Review the efficiency of your payroll function - the people, the processes and the technology
  • Review your risk and control infrastructure  and advise on the best practice governance of your payroll function
  • Draft payroll process and procedure documentation
  • Ensure your payroll technology is being used effectively

Industry Insights

Contact us

Rohan Geddes
Partner
Tel: +61 2 8266 7261
Email

Stephanie Males
Partner
Tel: +61 2 6271 3414
Email

Tracy Angwin
CEO, Australian Payroll Association
Tel: +61 2 8266 1809
Email

George Johnson
Director
Tel: +61 3 8603 0651
Email

Chris Harvie
Director
Tel: +61 3 8603 0132
Email

Lynette Jones
Director
Tel: +61 (2) 8266 1409
Email

Joanne Thiel
Director
Tel: +61 8 9238 3364
Email

Claire Soccio
Director
Tel: +61 3 8603 0428
Email

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