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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
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