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Celery

Celery is an automated internal auditing platform that integrates with payroll processors to identify discrepancies such as unauthorized overtime and miscalculated pay through over 100 analytical tests. By streamlining payroll audits, Celery helps businesses save significant costs and reduce the time spent on manual controls, enabling them to focus on strategic financial management.

Tel Aviv, IsraelFounded 2022211K+ followers
Updated 20 months ago

Funding

$6.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

Funding rounds are not available yet.

Founders

Product

Problem

Many businesses face challenges in identifying payroll discrepancies, such as unauthorized overtime, miscalculated pay, and inaccurate deductions, leading to financial losses and compliance risks. Traditional manual auditing processes are time-consuming, prone to errors, and often fail to detect subtle but costly payroll inefficiencies.

Solution

Celery provides an automated internal auditing platform that integrates with existing payroll processors to identify and prevent costly payroll mistakes. The platform runs over 100 analytical tests on payroll data, including validation, threshold, completeness, and fraud detection, to pinpoint discrepancies and high-cost trends that are often missed by manual reviews. By automating repetitive processes and providing clear visualizations of payroll trends, Celery reduces the time spent on manual controls, allowing businesses to focus on strategic financial management. The system provides alerts for payments that require double-checking, benchmarked against historical data, and offers detailed reports with clear visualizations to diagnose problems and identify which pay stubs need attention.

Target Audience

Celery is designed for businesses of all sizes, particularly those with complex payroll structures, including finance teams, payroll directors, and controllers seeking to improve cost-efficiency, prevent expensive mistakes, and save time on internal controls.

Features

  • Automated payroll auditing with over 100 analytical tests
  • Discrepancy detection for unauthorized overtime, miscalculated pay, and inaccurate deductions
  • Integration with existing payroll processors via .CSV or .XLS file upload
  • Trend analysis to pinpoint high-cost areas such as excess overtime, PTO, and bonuses
  • Customizable alerts for discrepancies and potential fraud, benchmarked against historical data
  • Clear visualizations of payroll trends and key performance indicators (KPIs)
  • SOC2 certification for enterprise-grade data security
This profile is AI-generated and may contain inaccuracies.