Correcto
Correcto automates occupational pension administration by integrating with payroll systems to calculate employee pensions, manage enrollments and terminations, and deliver accurate data to pension providers each month. The platform generates individual pension specifications for employees, provides personnel cost reports including taxes, and validates pension invoices against calculated amounts. Accounting firms can access all their clients through a single login via the free Correcto Byråportal.
- HR Technology
- Financial Technology
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Occupational pension administration is often handled manually, requiring companies to calculate employee pensions, manage enrollments and terminations, and deliver accurate data to pension providers each month. This process is time-consuming, error-prone, and difficult to track, particularly for companies managing multiple pension policies and providers.
Solution
Correcto automates the entire occupational pension workflow by integrating with a company's payroll system and retrieving salary data automatically each month. The platform calculates employee pensions based on salary items and configured pension policies, then transmits the data directly to pension providers. It also manages employee onboarding and offboarding automatically, assigns policies to new hires, and deregisters departing employees. Companies receive monthly individual specifications for employees, reports on total personnel costs including pensions and taxes, and validation of pension invoices. Accounting firms can access all their clients through a single login via the free Correcto Byråportal.
Target Audience
Primary customers are Swedish companies that need to manage occupational pensions for their employees, as well as accounting firms and consultants that handle pension administration on behalf of multiple client companies.
Features
- Direct payroll system integration with automatic monthly salary data retrieval
- Automated pension calculations based on salary items and company-specific pension policies, including standard policies per collective agreements
- Automatic enrollment of new employees and deregistration of departing employees
- Monthly individual pension specifications delivered automatically to employees
- Reporting tools for personnel cost overview, including pensions and taxes, with export to Excel or other file formats
- Invoice reconciliation functionality that validates pension provider charges against calculated amounts
- Bureau portal with multi-client access through a single login for accounting firms and consultants