Proactive Advantage
A proactive advantage is gained by integrating operational analytics with traditional rostering and payroll data. The WageSafe product sets benchmarks across multiple operational data points providing earlier identification of behaviours that are driving underpayments.
WageSafe has built an Artificial Intelligence (AI)-based insight system, using multiple data sources to identify potential issues e.g. “this wage cost percentage is too good to be true when analysed against staffing mix, age profile, management hours, opening hours, product mix, productivity, store size, etc”.
Provide your field team with actionable insights, with data tools and knowledge to identify stores with potential underpayment issues or poor rostering practices.
Automation
Reduce cost with automation
WageSafe automates pay audits, ensuring every employee paycheque meets award conditions and requirements. WageSafe combines expert award interpretation with expert analytics, to deliver the most cost-effective solution to your underpayments risk. This means time & cost savings for:
- – Your CFO / Finance team – via reduced breaches
- – The Payroll team – with reduced manual processes
- – Your HR team – through automated compliance monitoring
Audit every pay cheque across every payroll cycle today and reduce your risk of underpayments.
Reduced Risk
If you suspect that your network could be recording time and paying people incorrectly without you knowing it could leave you exposed to legal action, sanctions and reputational damage. WageSafe eliminates that risk!
Increased Visibility
WageSafe is the right solution for you if you don’t know if there is an ongoing underpayment problem that you are not aware of as it is difficult and expensive for you to audit the whole network consistently.
Lower Costs
Manually auditing the whole network each year is expensive and will impact your profitability! WageSafe is cost-effective and even helps you reduce your wage costs.
Security
We implemented an ISO 27001 Information Security Management System to continually improve our information security posture.
Integration
WageSafe integrates data for each employee, providing a full history of employment, ready for interpretation.
Rules
The System interprets the award rules, carefully applying logic to the specific conditions created by the employees’ time and attendance history..
Scorecard
We utilise a balanced scorecard approach to employment compliance, incorporating industry or user-defined benchmarks.
Accuracy
Our award interpretation engine has been tested against thousands of customer files to establish unsurpassed accuracy & speed of delivery.
Real-time Data Audit
Monitor your entire network in real-time. If under- or overpayments occur in your network, you know about it instantly and can act fast to avoid legal action or reputational damage.
Want to learn more about the features?
Constant Control
Remove the reliance on your Time & Attendance system’s interpretation of the award, which often isn’t set up correctly and small errors can mean big back payments.
Intersted to learn more? Book a Demo.
Bespoke Alignment
Ensure that award interpretation is not only compliant but also helps you achieve your business objectives by utilising award flexibilities where they exist.
Need more info? Discover how it works.
