Mitrefinch proud to support New Zealand’s National Payroll Week

Announcement posted by Mitrefinch 03 Nov 2011

As a leading provider of Employee Time Management and Attendance Systems, Mitrefinch are pleased to support National Payroll Week, a new initiative from The New Zealand Payroll Practitioners’ Association (NZPPA).

Running from November 7^th to 11^th, National Payroll Week aims to raise awareness of the important role payroll plays in the everyday lives of the New Zealand workforce, economy and the wider community.

Payroll is one of the most highly regulated functions within an organisation. Compliance with complex legislation, terms and conditions of employment and business policy is critical, yet despite these challenges, payroll professionals calculate employee’s pay accurately and on time, every pay run.

As part of the week’s festivities, NZPPA are running a Poster Campaign which encourages payroll officers to celebrate their profession and spread the word about the important role they play within the business. In addition, NZPPA members are encouraged to write an article on “Why Payroll is a Profession”, the winning submission will become the feature article for the first issue of NZPPA’s new “Pay And You – PAY” publication.

“During National Payroll Week we are delighted to acknowledge the essential role that payroll personnel play in every business”, said Jamie Fitzsimons, Mitrefinch Marketing Manager. “Payroll is an extremely important component of every worker's life. Yet, the challenges involved with processing our pay is something that many of us take for granted.”

“Payroll error rates can account for up to 1.2% of total payroll costs, amounting to millions of dollars in overhead costs for many NZ businesses”, said Allan Murdoch, Mitrefinch NZ Business Development. “Having qualified payroll personnel as well as a user-friendly Time Management system to help automate payroll processing can significantly reduce error, offering huge cost savings”.

Mitrefinch’s Time Management Solution, TMS, is used on a daily basis by payroll professionals, helping them automate the transfer of hours and rates to their payroll system, improving productivity and efficiency.

For more information or to get involved with National Payroll Week please visit: www.nzppa.com.au