🇦🇺Australia

Manual Payroll Processing & Reconciliation Delays

3 verified sources

Definition

Manual reconciliation of timesheets is a persistent source of cost and delays. Contractors using spreadsheets or disconnected systems must re-enter approved timesheets into payroll software, verify hours against awards, apply correct penalty rates, and identify discrepancies. This manual loop creates opportunities for overtime errors, missed RDOs, and incorrect superannuation calculations.

Key Findings

  • Financial Impact: AUD 3,000–8,000 per month (payroll admin overhead); 20–40 hours per month of manual rework
  • Frequency: Monthly (recurring with each payroll cycle)
  • Root Cause: Disconnected systems; spreadsheets exported manually; no direct API integration to Xero/MYOB; no automated timesheet approval workflows

Why This Matters

The Pitch: Australian contractors waste AUD 3,000–8,000 per month on manual payroll reconciliation across a typical 30-person team. Direct API integration between time tracking and Xero/MYOB eliminates double-entry and reduces payroll processing time by 50–70%, saving 20–40 hours monthly.

Affected Stakeholders

Payroll administrators, Finance/accounting staff, Project managers (approval delays)

Deep Analysis (Premium)

Financial Impact

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Current Workarounds

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Get Solutions for This Problem

Full report with actionable solutions

$99$39
  • Solutions for this specific pain
  • Solutions for all 15 industry pains
  • Where to find first clients
  • Pricing & launch costs
Get Solutions Report

Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

Unbilled Labour Hours & Time Theft

AUD 2,000–6,000 per employee annually; 5–15% of billable labour hours lost to time theft or underreporting

Superannuation Guarantee Shortfall & SG Charge

AUD 5,000–15,000 per annum in SGC exposure; penalty is 200% of shortfall plus 10% interest

GST/BAS & STP Lodgement Errors & ATO Penalties

AUD 2,000–6,000 per annum in BAS correction costs and interest; STP Phase 2 penalty up to AUD 13,500 per year for non-compliance

Manual Timesheet Approval Bottlenecks & Payroll Delays

AUD 8,000–15,000 per annum in lost payroll productivity; 2–4 working days delayed per payroll cycle

Unbilled Change Order Work Due to Incomplete Documentation

Estimated 2-5% of contract value per change order; typical commercial fit-out project: AUD $50,000-$150,000 in unbilled work per year

Delayed Change Order Approval and Payment Hold-Up

15-30 day payment delay per change order; interest cost @ 6% p.a. on average AUD $300,000 WIP = ~AUD $5,000/month opportunity cost for mid-sized contractor

Request Deep Analysis

🇦🇺 Be first to access this market's intelligence