Satori Automated HR Data & Payroll Monitoring

Automated Monitoring for Payroll & HR

Automated monitoring of payroll transactions and HR master file data to minimise errors and fraud whilst achieving 100% process compliance.

The average organisation loses 2%-5% of its annual payroll costs due to errors and fraud

Organisations are at greater risk of employee payment inaccuracies and breaches than ever before. This can result in losses of 2%-5% of annual payroll costs for the typical organisation. The reasons for these increased risks can range from siloed business systems and award complexity to everyday manual processes.
Increased government scrutiny, reputational damage, and severe penalties can compound the risks associated with already complex processes, resulting in higher losses.

Nothing Slips By

Automate payroll compliance and identify potential pay discrepancies in real time, eliminating the need for manual verification.

Continually monitor the employee master file to ensure it is complete and accurate, reducing the risk of payment errors or financial loss.

The Satori Solution

Satori is a Software as a Service that offers automated, continuous compliance assurance over all Payroll transactions and HR master files.

The Solution’s workflow manages exception output to ensure follow-up in a timely manner by the team or the person of responsibility. Each exception is investigated and closed out with a defined issue, action, and root cause.

Satori’s Dashboards provide management with real-time visibility on what issues are occurring and their root causes, enabling opportunities for process improvements.

Satori for every HR & Payroll scenario

Employee Master

  • Potential duplicate employees
  • Missing key data fields
  • Invalid Tax File numbers
  • Bank account changes
Continuous Improvement

Payroll Transactions

  • Employee under/over payments
  • Timesheet anomalies
  • Payments after the termination date
  • Contractor / casual payments against the policy
  • Ghost employees
Working at the Satori Office

HR

  • Leave anomalies
  • Certification checks
  • Contractor / casual staff classifications
CCM Experts

And More

  • Accounts Payable: Automate monitoring of your Accounts Payable Process and stop what is slipping through the cracks. 
  • Corporate Expense and Credit Cards: Gain greater assurance over your organisation’s corporate card and employee expenses through automated compliance monitoring
  • Fraud Prevention: Greatly reduce fraud risk by continually monitoring policy, process, and control compliance.
  • Automated Data Governance: Monitor master file data continuously providing 100% accuracy and a single version of truth.
  • Vendor Risk & 3rd Party Monitoring: Use a data-driven approach to understand your 3rd party risks by continuously monitoring them across multiple data internal and external data sets.
  • Anti Money Laundering: Significantly reduce your exposure to fraud, financial crime, and regulatory non-compliance through automated transaction monitoring.
  • Conflict of Interest: Provide a greater level of assurance to executives, the board, and shareholders that Conflict of Interest (COI) and collusion risks are being managed effectively.
  • Procurement Monitoring: Use a data-driven approach to ensure procurement process compliance across your organisation and let nothing slip by.
Retail Transaction Monitoring

Without Satori we would be 5 years behind on compliance framework activities, controls process maturity and internal policy compliance.

Large Retail & Hiring BusinessCommercial Process & Compliance Manager

What’s included

Performance Reports

High-level system performance and identification of areas for control, policy or process improvement summary.

Environment

The Satori solution includes server, software, installation, and maintenance of software.

Implementation

Implementation of initial tests with configuration of your workflow and visualisation.

User Training & Management

Best practice end-user training to close exceptions and operation of the solution.

Daily Health & Admin

Satori’s experts act as a System Admin Manager and provide daily health checks on your server and data loads.

Ongoing Refinements

We work with you on an ongoing basis to refine your tests, ensuring the exceptions are delivering the required outcome.

Executive Dashboards

A realtime overview of what exceptions have occurred, what has been followed up and what is potentially overdue.

Additional Tests

We work with you on data quality improvements and new tests to increase coverage or cover gaps on controls.

Local Support

The Satori Customer Success and Support team are APAC based providing support even through holiday seasons.

ARTICLE

Conflict of Interest – HR & Recruitment

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TRUSTED BY OVER 200+ ORGANISATIONS
Satori Customer MMG Mining

“I would recommend Satori to any organisation that wants to be on top of their game by having the ability to be warned and protected 24/7 *365 days a year. 100% testing run daily on high-risk assertions wouldn’t be possible without this tool doing its magic in the background.”

Yuliya Gultekin - Manager Audit and Assurance, Risk and Assurance TeamWaka Kotahi New Zealand Transport Agency

“Satori takes our data, puts it through their magical system, and presents it back to us in an actionable format.”

Principal Fraud and Corruption ControlGovernment Utilities

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