In the tech unicorn’s latest venture, HR, payroll, and employee engagement platform Employment Hero has partnered with Sage – leading provider of accounting and financial management solution for small and mid-sized businesses (SMBs) to provide Australian SMEs with a seamless integration of HR and financial services.
The collaboration between Employment Hero, bringing expertise in payroll, HR, and employment compliance, and Sage’s cloud-based accounting software, Sage Intacct, will provide Australian SMEs with a straightforward solution to navigate and adhere to intricate and constantly evolving employment, tax, and payroll regulations.
Sage Intacct the award-winning accounting, and finance cloud solution, provides comprehensive visibility into operational and financial aspects of a business, leading to improved automation, increased profitability, and enhanced customer satisfaction.
By integrating with Employment Hero, Sage Intacct will seamlessly unify payroll, HR, and financial systems, ensuring accurate and compliant processing of payroll procedures in accordance with Australian employment regulations.
Ben Thompson, Founder and CEO of Employment Hero said: “For most industries in Australia, keeping up with the complexities of employment regulation can be difficult, especially regarding payroll. This is particularly challenging for SMEs who are already overstretched and lack the expertise to be aware of all compliance protocols. Employment Hero’s integration with Sage Intacct will be fundamental to supporting Australian SMEs by giving them an easy, clear way to engage with and comply with extensive employment regulations.”
“This includes giving SMEs access to services, via Sage Intacct, that ensure they are adhering to the correct interpretation of all pay conditions, accurate classifications of employees (taking into account the type of work performed during every shift), collecting true time and attendance data and processing this data with the correct pay calculations, pay slips, and correct PAYG tax and superannuation calculations.”
We’re excited to work with the Sage Intacct team to offer better services and streamlined processes for businesses.”
This integration will enable Sage Intacct users to access premium Employment Hero features, such as employee self-service, onboarding, rostering, time and attendance, and leave management – all tracked and accessed by the press of a button.
Dedicated to streamlining payroll and financial processes for SMEs, the collaboration between Employment Hero and Sage empowers them to effortlessly synchronize information directly with their Sage Intacct account. This includes importing charts of accounts and tax codes, assigning classes and departments to specific locations, and exporting journals populated with pertinent payroll details.
Tom Gough, Country Manager for Sage Australia/ New Zealand, says: “Sage Intacct empowers users to make tailored choices for their business, seamlessly connected to a diverse digital marketplace with integrations facilitating the consolidation of financial data into a centralized location. Through the collaboration with Employment Hero, we leverage our respective expertise to streamline business processes, ensuring smooth data flow between HR and payroll systems and minimizing the need for redundant data entry and potential errors.
Employment Hero’s proficiency in Australian employment law becomes a vital asset and the integration will assist businesses to consistently adhere to the latest tax, payroll, and employment legislation, particularly intricate in Australia.”