Payroll data analytics helps with the detection of anomalies in your payroll system and prevent potential fraud.
The global challenge of payroll fraud
You’re not alone. Payroll fraud is an annoying, billion-dollar headache for businesses worldwide, big or small. But don’t worry, we’ve got you covered.
Detect ‘ghost’ employees before they haunt you
Statistics reveal a chilling 27% of businesses experience payroll fraud. “Ghost employees”, inflated salaries, bogus sales records and exaggerated expense claims are just a few tricks to be aware of.
The power of Payroll Data Analytics
With our payroll data analytics, we’ll help you spot anomalies in your payroll system and eradicate fraud before it hits your bottom line.
We’ll help you detect:
- Suspicious duplicate bank accounts
- Ghost employee details
- Employees with no TFN playing hide-and-seek
- Overachieving employees who’ve clocked in more hours than a time lord
- ‘Generous’ employees sharing bank details with suppliers
- Overtime-obsessed employees
- Employees whose pay rates don’t sync with their awards
Our anti-fraud team
At Accru Felsers, our certified fraud examiners and chartered accountants merge accounting know-how with state of the art software and detective skills. We’ll comb through your transactions, identifying fraud within your payroll system. This means you can sleep easy knowing we’re providing a comprehensive, independent check of your payroll data. No irregularity is too small to escape our eagle-eyed team.
Guard your bottom line with Payroll Data Solutions
Payroll data analytics can help you streamline your payroll process and spot opportunities to save money. By analysing the data, we’ll identify patterns and trends to help you make savvy decisions, like tweaking employee pay rates, reining in overtime, and simplifying your payroll process.