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WEBINAR SUMMARY · FINANCE & PAYROLL

Payroll automation starts before payroll: how to stay accurate, compliant and secure in the digital age

FORMATOn-demand webinar
LENGTH57 min
CONDUCTED ONFri, 23 August 2024
LANGUAGEEnglish

Asitha Goonewardena, Chief Product Owner, and Riyazi Samsudeen of PeoplesHR explain why digitalization is the route to cost-effective payroll, and why automation has to start with attendance, leave and rosters. They cover AI anomaly and fraud detection, compliance across 40 countries, data security, and where pay is heading.

WATCH THE RECORDING AND LEARN HOW TO

1. Automate the inputs that feed payroll

2. Catch anomalies and fraud before they cost you

3. Stay compliant and secure across countries

Key takeaways

Watch from 02:04

Digitalization is the route to cost-effectiveness. An ADP survey ranked cost-effectiveness and digitalization equally as 2024's top payroll drivers. Asitha's view: map a digitalization roadmap with clear KPIs, and the savings follow.

Watch from 06:10

Accuracy is a given; experience is the difference. Employees want to see their earnings, overtime and deductions mid-month on their phone, and ask a chatbot about cut-offs and overtime rules instead of queuing at a payslip window.

Watch from 16:21

Automation starts with attendance and leave. Installing software is not automation. Let employees apply for leave and swap shifts themselves, so payroll gets clean inputs, including complex rules like Philippine holiday overtime and night differentials.

Watch from 21:27

Let AI watch for anomalies. Asitha cites research that payroll anomalies take 18 to 24 months to surface and cost around 5% of annual turnover. AI that learns normal pay patterns flags problems for the payroll officer.

Watch from 31:45

Compliance is a moving target. PeoplesHR works with legal and consulting partners to build each country’s rules into the system, updates them as laws change, and enforces limits such as overtime thresholds inside approval workflows.

Watch from 46:05

Controls stop fraud that hides for years. Ghost employees, inflated salaries and duplicate reimbursements are caught with thresholds, audit trails, statistical checks, receipt scanning, RPA and predictive analytics.

What we covered

Pick a time to play the recording from that moment, right here on the page.

00:02

Welcome

Introducing Asitha Goonewardena and Riyazi Samsudeen.
02:04

What's driving payroll in 2024

Cost-effectiveness versus digitalization.
05:08

Payroll and employee experience

Accuracy, mobile self-service and knowing what you will earn.
09:12

Transparency on pay policies

Chatbots trained on your policies, cut-offs and overtime rules.
12:15

Payroll data for growth

Using payroll analytics for cost management and expansion.
15:20

Why automation still lags

A 45,000-employee manufacturer and the limits of biometrics alone.
20:25

RPA and anomaly detection

Taking manual work off the payroll team, and spotting what people miss.
23:32

From offer letter to payroll

Automated inputs from recruitment, and skill-based rostering.
25:35

Cost centers, GL and bank files

Reporting by cost center, ERP write-back and automatic bank payments.
28:40

Recap: step-by-step digitalization

Start with pain points, choose the right tool and phase the roll-out.
30:44

Multi-country compliance

How rules for 40 countries are kept up to date, with consolidated reporting.
35:50

Overtime thresholds and local nuances

Controls in the workflow, and practices learned from customers.
37:53

Data security

Encryption, access control by pay group and real-time audit.
44:03

Independent security audits

Annual third-party assessments and ISO certifications.
46:05

Fraud and payroll risks

Ghost employees, inflated pay and duplicate claims, and the tools that catch them.
50:11

The future of pay

Real-time payroll, digital wallets, earned wage access and flexible packages.
55:19

Case study and wrap-up

Up to 80% optimization in payroll, across 40 countries.

Q&A highlights

Yes. Overtime goes through an approval workflow, so supervisors and employees can see how close someone is to the limit, such as 48 hours a month. The threshold protects the employer from breaking the law without knowing it.
Yes. Local nuances come from working with partners and customers in each country. PeoplesHR generalizes them into the product so other customers in that region can use them too.
Encrypted fields cannot be read from the database or in transit. Only the system holds the logic to turn them back into readable data.
Yes. An annual assessment by a global body covers the products, platforms and cloud data centers. PeoplesHR holds ISO 27001 and ISO 27017 and SOC compliance, renewed every year.
It runs through a partner bank. An employee requests wages they have already earned, the company approves, and the bank pays out straight away. Advances are capped by a quota per client and settled at month end.

Customer stories from the session

CASE STUDY · TECHNOLOGY
Zillione
How an enterprise technology solutions provider automated HR with PeoplesHR to streamline operations.
Read the story →

Make your next payroll run the easy one

Watch the full session, or book a demo of PeoplesHR payroll for one country or forty.