Astute Payroll offers a cloud-based workforce management solution that automates the entire process from employee placement to payroll and invoicing, integrating seamlessly with various Recruitment Management and GL Accounting Systems. This system enhances operational efficiency for complex workforces by facilitating streamlined interactions among permanent and contingent staff, suppliers, and clients, while providing customizable branding options.
Funding
Funding not disclosed
Founders
Product
Problem
Many organizations face challenges in managing complex workforces, including permanent and contingent staff, leading to inefficiencies in payroll processing, compliance, and overall workforce management. Manual processes and disconnected systems can result in errors, increased administrative overhead, and difficulties in maintaining compliance with evolving regulations.
Solution
Astute Payroll offers a cloud-based workforce management solution designed to streamline and automate the entire employment lifecycle, from onboarding to payroll and invoicing. The platform integrates with existing Recruitment Management Systems (RMS), Applicant Tracking Systems (ATS), and General Ledger (GL) Accounting Systems to ensure data consistency and eliminate double entry. By automating timesheet management, pay rule interpretation, and invoicing, Astute Payroll reduces manual effort, minimizes errors, and improves operational efficiency. The system also provides robust reporting and analytics capabilities, offering real-time visibility into workforce data for better decision-making.
Target Audience
Astute Payroll primarily serves businesses with complex workforces, including recruitment and staffing agencies, construction companies, group training organizations, and healthcare providers.
Features
- Configurable timesheets to support multiple jobs, projects, allowances, breaks, leave, and shifts
- Automated calculation of PAYG, payroll taxes, and insurance, with Single Touch Payroll (STP) reporting
- Employee self-service portal for managing tax information, superannuation, timesheets, expenses, and leave requests
- Online employee onboarding with compliance document management and tracking
- Rule-based pay condition interpretation for automating overtime, weekend, and allowance calculations
- Invoicing module with customizable templates, automated late payment reminders, and multi-currency support
- Integration with accounting software such as Xero, MYOB, SAGE, and NetSuite for seamless general ledger updates
- Real-time reporting tools for payroll, invoicing, compliance, tax, superannuation, and cost analysis
- Mobile accessibility for employees and managers to manage tasks on the go