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PAYZAAR FOR PROVIDERS

Payzaar’s innovative Payroll Operations & Collaboration Platform helps you manage your payroll operations and compliance requirements in a secure, reliable and efficient manner. Key benefits are: 

Effective Customer Collaboration

Streamlined & Automated Processes

Strong Security & Data Protection

100% Data & Process Transparency

These advanced capabilities will help you attract new customers and retain existing ones. The best part is that our modern, cloud-based solution is designed to be very configurable and self-service enabled, easy to deploy with any payroll backend. Implementation takes a few hours, not weeks or months (as is the case with traditional solutions). Amongst our customer base, we are already supporting 4 of the Top 10 global accounting firms to run their payroll services in a more efficient and reliable manner using our award-winning technology platform. 

 

Payzaar is a platform that helps you to organize your work and collaborate more effectively with your customers and is NOT a payroll engine.

WHY PAYZAAR?

Many payroll providers today still operate their payroll processing based on email, phone and clunky FTP servers and sending file attachments between their payroll service team and the customer. They offer their customers very limited self-service functionality so customer needs to call in to get updates and get queries answered.  And they manage their internal service operations based on spreadsheets and Outlook calendars.

If you are a payroll provider and find yourself in this situation, there are three reasons why you should think about upgrading your payroll operations to a modern, user-friendly payroll management platform:

Customers want it

Customers are increasingly looking for state-of-the-art technology when choosing a payroll solution. Technology-enabled user experience will allow you to differentiate yourself from other vendors and will increase the “stickiness” of your service.

GDPR mandates it

Under the new GDPR regulation, payroll providers will have increased responsibilities as a Data Processor and will be subject to an onerous penalty regime and customers will choose vendors who can demonstrate strong GDPR compliance.

You gain from it

By using modern, digitized workflow tools you will be able to significantly increase the productivity of your team. Systematically track all operational KPIs across all your customers to proactively identify areas of improvement (externally or internally).

Ultimately deploying a cutting-edge payroll operations solution will have the following impacts for your business:

Attract new customers and win more business based on a more modern user experience and strong GDPR compliance

Increase the ``stickiness`` of your service, lower risk of attrition (e.g. avoid flight to larger providers due to GDPR concerns)

Improve the productivity of your team, freeing them up to focus on more value-add tasks and improving the bottom line

Effective Customer Collaboration

Communicate and collaborate with your customers in a modern, online environment, making it easy and efficient for customers to navigate step by step through the entire payroll cycle.

Specific features include:

Real-time Group Dialog

Share updates & information in secure environment and keep all group members (customer & provider side) informed of the latest actions and status

Document Repository

Securely archive all key documents related to a pay group and a specific pay cycle in a central document repository for easy access

Automated Alerts

Automatically alert the customer when action is required, sending reminders prior to specified cut-off dates and escalating as required

Audit Trail

Track all communication, data submissions and approvals for post-mortem analysis in case of disputes or errors

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Streamline & Automate Processes

Increase operational efficiency by digitizing your workflows, automatically triggering follow-ups and closely monitoring the status of the task completion against deadlines.

Specific features include:

Progress Monitoring

Real-time updates on the status of any payroll run across your entire operations team and ability to quickly drill down into any specific issues

Task Management

Proactively assign daily tasks to team members and create alerts based on upcoming deadlines

Delegations & Escalations

Automatically assign all tasks to designated delegate in case of out-of-office absence or escalate to supervisor in case of failure to complete on time

Data Validation

Provide comprehensive, automated data validation based on variance analysis and intelligent machine learning

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Take a demo and learn how Payzaar can connect your global payroll operations.

Strong Security & Data Protection

By executing your payroll through the Payzaar platform, you take advantage of our built-in secure data handling and communication capabilities that conform with GDPR standards and provide you with “GDPR compliance in a box”.

Specific features include:

Stringent Access Controls

Tightly managed user access rights and detailed audit views of any authorized or attempted unauthorized access

Strong Encryption

All communication and data in the platform, in transit and at rest, is encrypted and only readable for authorized users with proper encryption key

Restrictive Communication

Information cannot be sent – intentionally or unintentionally – outside of the authorized audiences, thereby avoiding misaddressed emails

Data Purging

Purge all personal information of employees as required by law upon departure of the employee or expiration of data retention requirements

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100% Data & Process Transparency

Provide deep insights into payroll data, statutory filing status and process performance to the customer, and evaluate your own team’s performance based on key operational KPIs.

Specific features include:

Self Service Reporting

Provide customer with self-service access to interactive payroll reports that allow for real-time comparisons and drill-downs down to the employee level to identify trends and outliers

Operational KPI Reports

Track volumes, timeliness and accuracy of completed payroll cycles to show performance versus SLAs and to identify potential areas for process improvements

Statutory Filing Dashboard

Capture all local filing requirements per customer/pay group in a central place and track timely completion of those filings

Benchmarking

Let your customer anonymously benchmark their payroll data and labor cost trends against their peers

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