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“Integrating Aussiepay into our business has made a significant difference to our financial operations, changing what was a laborious in-house responsibility into a manageable resource.”

Steve Watson,
Financial Controller,
CMP Medica Australia

 

CMP MEDICA Australia Case Study

Problem:Too much paperwork associated with completing the payroll Too costly to continue payroll in-house Lack of certainly by management that ATO obligations were being met, particularly interstate Needed to track employee leave Needed proven system that would provide a timely, accurate and cost-effective payroll management solution.

Solution:Outsourced Aussiepay employee management solution, including: Payroll Tax - accurate payroll tax payments to 3 states, including predetermined thresholds and FBT balances PAYG Withholding Tax - allows a quick reference to know the value of PAYG Tax deductions to be paid and/or added to BAS Statements Leave Taken Report Tax File Declaration notification to the ATO - fortnightly reporting of all new employees and employees. Changes to TFN information is forwarded electronically to the ATO, meeting employer obligations.

Result: Reduced administrative and time burden to complete monthly payrolls allowing CMP Medica Australia to focus on core business objectives with the confidence that their staff are being paid accurately and efficiently Changed what was a laborious in-house responsibility into a manageable resource helping to bolster CMP Medica Australia’s bottom line Peace of mind knowing that payroll compliance obligations are met in a changing regulatory environment