The risk of taking things for granted.
There’s a tendency in organisations to treat payroll as part of the plumbing. It just runs in the background, week in and week out.
Then someone asks a tricky question, MBIE targets your industry, or you become aware of issues with incorrect payments or legal compliance. Your payroll may be taking an inordinately long time to process. Perhaps you want to trim costs or implement business process changes. It might be as simple as a staff member leaving his or her job. And you realise your organisation may be exposed to issues with its payroll.
It’s time to look under the hood and find out what’s really going on.
Independent, expert and unbiased.
Integrity1 provides a range of payroll audit services to help you identify issues and scope the magnitude of any problems. We don’t sell software or provide an ‘outsourced solution.’ We’re 100% vendor independent. We simply want to find out where any payroll problems may lie.
We offer three kinds of payroll audit.
In our experience, most organisations are not handling holiday pay correctly. The legislation that deals with this requires expert knowledge to ensure payroll systems are set up correctly. Most people simply don’t know all the ins and outs.
It’s a mistake to ask IT vendors to audit compliance in this area as they will simply look at your system’s configuration. Other professionals may know the legislation and be able to advise on compliance, but they can’t audit a working system.
By contrast, Integrity1 not only audits the system set-up but also extracts data samples and runs tests to check real-world outcomes. This will expose any configuration quirks along with process and practice issues connected to holiday pay. It will show what’s causing them and what needs to be done.
We know how these issues play out in real-world situations because our consultants are experienced in processing end-to-end payrolls as well as setting up systems.
There’s a thicket of overlapping laws and regulations that can affect your payroll, including minimum wage rates, privacy rules, superannuation, wage protection, tax legislation and much more. Change is the only constant here.
Integrity1 is constantly reviewing statutes and rule changes that have an impact on payrolls. We will take a helicopter view, extract payroll data, look at your systems and provide a 360-degree audit of compliance with all relevant legislation. It could save you a lot of time, trouble and expense down the line.
Integrity 1 will look at all the processes that feed into your payroll – not just government legislation. You’ll receive an expert review of payroll performance, highlighting any failures or vulnerabilities.
Here are some of the factors we can assess with a process and operational audit:
- Paper forms.
- Clocking in.
- Applications for leave.
- IRD documentation.
- Workforce management.
An audit by Integrity1 will help you spot hidden operational issues before they become big problems. It can also provide priceless information to drive process improvements that unlock more productivity and profits.