Manage your contractor payroll with PlatinumWFM
Updated: Jun 15, 2021
If you want to meet all your payroll needs in a single system that was created specifically to manage contractors, we’ve got you covered. Our KeyPay integration allows us to deliver a fully managed payroll process that is 100% compliant with STP to the ATO (Single Touch Payroll to the Australian Tax Office) and can be fully integrated with your existing accounting software.
Time really is money, and few things drain your time faster than admin, especially complex management issues, like tax, governance and reporting. You need to be compliant with the ATO's Single Touch Payroll (STP), understand all the ins and outs of payroll oversight, and meet governance requirements.
These can be daunting and draining responsibilities, even for the most experienced contractor management team. That is why Platinum WFM integrated KeyPay, Australia’s best recognised payroll system, into our back-office for contractor agencies.You’ll enjoy the benefits of KeyPay’s superb payroll as a seamless part of Platinum WFM’s ecosystem, which is supported by our fantastic Aussie customer service team.
My Muscle Chef: KeyPay has been a lot more efficient and better than our previous payroll system. I've reduced time spent on payroll by at least 50%.
So, if you want to meet all your payroll needs in a single system that was created specifically to manage contractors, we’ve got you covered. Our KeyPay integration delivers a fully managed payroll process that is 100% compliant with STP to the ATO (Single Touch Payroll to the Australian Tax Office) and can be fully integrated with your existing accounting software, such as Xero and MYOB.
Meet KeyPay, our powerful payroll partner
We partnered with KeyPay software because their flexible and comprehensive solution is purpose built for Australian legislation - when it comes to payroll, nobody does it better. KeyPay launched in Australia in 2012, before expanding internationally. KeyPay continues to improve how clients process payroll, which means our clients benefit from ongoing development and collaboration.
Platinum WFM only integrates the best software partners into our back-office for contractor management. When we say KeyPay is the best, that’s not just our opinion. Trusted by more than 200,000 businesses, KeyPay also received prestigious awards in recent years, including the Global Payroll Associations’ 2018 Software Supplier of the Year Award, and the Chartered Institute of Payroll Professionals’ 2019 Software Supplier Award.
Buckets of brilliant payroll features
Are you ready to end your payroll headaches forever? Here are some of the most important features you can expect from Platinum WFM’s KeyPay integration:
No more payroll stress: automated compliance for the entire payroll journey with easy-to-use software that integrates with accounting platforms, like Xero.
Take back your time: automated pay runs do all the time consuming and repetitive work for you, freeing you up to focus on building strong relationships with your contractors and clients.
Endorsed by the ATO: compliant STP reporting software for over 50, 0000 businesses in Australia.
Cherries on top: up to date, pre-built modern awards within the system alongside quality compliance tools, like built-in rule testers, pay conditions and automated anniversary adjustments.
99 Bikes: The best system I’ve ever used. You just know that your employees are being paid correctly.
There is so much more value to save you time and effort every single month and make managing your contractor payroll as easy as pie.
Eliminate paper timesheets or manual data input and record employee work hours electronically and input their data straight into the pay run.
Automate notifications, super payments, termination and leave calculations.
STP reporting is available for businesses of all sizes.
Pre-built awards empower payroll managers to pay staff correctly, every pay run.
Automate pay condition calculations or create custom rule sets.
Empower contractors to maintain their personal details, submit timesheets, and apply for leave.
Access an extensive library of reports on contractors, pay runs, superannuation, PAYG and more.
Customise and distribute Fair Work compliant payslips using easy templates
Perfect payroll for your pocket
PlatinumWFM’s works on a pay-as-you-go (PAYG) model. You pay a percentage of your total monthly payroll processed, and this management fee gives you access to our back-office.
Our PAYG model means you will never find yourself paying for a service you don’t need. You always get the maximum bang for your buck - whatever amount you pay as a percentage of your payroll, unlocks Platinum WFM’s full administrative support for your contractors and clients.
This makes our integrated KeyPay payroll management solution incredibly affordable, and you can scale up or down depending on your requirements. No fuss, no friction, because our system was built for recruitment and contractor management agencies.
We also offer a dynamic discounting model, which is based on the size of your contractor payroll. As your total payroll increases through our discount tiers, we reward your hard hard with an automatically applied discount.
Next Step Bookkeeping: From my experience, KeyPay is the best payroll solution on the market. It’s the first time in all my bookkeeping years that I feel confident in the data and reports.
Does this sound like the contractor payroll solution of your dreams? It's not the only dreamy solution we offer that has been custom-developed for contractor management - take a look at our range of Solutions. Talk to our service team today on email or use the Live Chat button at the bottom right of your screen.