Paidright

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PaidRight is an Australian payroll compliance platform designed to help payroll, finance, and HR teams proactively identify and rectify payroll errors before processing payments. By rapidly recalculating every employee's shift against complex modern awards and enterprise agreements, PaidRight ensures accurate and compliant payroll processing, thereby preventing costly underpayments and fostering trust between employers and employees. Key Features and Functionality: - PayPrecision: This feature integrates seamlessly with existing payroll and time and attendance systems to detect errors before payroll is processed. It allows teams to delegate and correct discrepancies in rosters and timesheets, catch entitlement errors, and maintain an audit trail for transparency. - Wage Remediation: PaidRight accelerates wage remediation projects by automating calculations and providing initial results within two weeks. This approach focuses on material issues, enabling organizations to complete extensive remediation projects efficiently. - Risk Assessment: The platform offers a 10-day payroll risk assessment, identifying weaknesses and providing actionable insights to mitigate potential compliance risks. Primary Value and Problem Solved: PaidRight addresses the challenge of payroll compliance in the complex Australian industrial relations landscape. By automating the detection of payroll errors and ensuring adherence to awards and agreements, it helps organizations prevent underpayments, avoid costly remediations, and maintain compliance with legal obligations. This proactive approach not only safeguards businesses from financial penalties but also enhances operational efficiency and employee trust.