Good governance and reporting with Platinum WFM

Good governance and reporting with Platinum WFM

Accurate governance and reporting is absolutely critical in our industry. If you recruit and manage high end contractors, ensuring you have good governance and reporting built into your back-office is one of the most important ways to mitigate business risk. We believe that software should make your life easier, most especially when its function keeps your business in good standing with the Australian Tax Office.


PlatinumWFM doesn’t sell software. We use the best software on the market to create a seamless admin solution for recruiters who manage high end contractors. This means that our system connects timesheets and invoices to payroll and direct payment of PAYG, to Super clearing house management and State payroll tax reporting.


We do all this for a single pay-as-you-go fee that shrinks or expands with your payroll, so you only ever pay for what you use. That’s what we mean when we say “one fee, a world of service”.



Governance


All our clients rely on our integrated software solution to make accurate governance possible without the process being cumbersome or time-consuming. We think this is a business service essential as it minimises the risk of managing high end contractors, and allows you to grow without fear that you’ll overlook an essential piece of governance.


Our Care Team looks after the software required to manage governance. This includes full reporting management to the Australian Tax Office, direct payment of PAYG tax for your contractor payroll, and complete State payroll tax reporting.

We work with Australian Super for superannuation clearing house because it is the largest industry super fund in the country, and they put their members first, which is a service ethos we relate to at PlatinumWFM.


Darren Berson: PlatinumWFM’s tools, systems and people are experts in flawless placement. We’re here to help recruiters succeed.

Reporting


None of us thinks about reporting until it’s time to pull an accurate report. That’s usually when we suddenly learn the value of being able to pull comprehensive data quickly and configure custom reports easily.


A quality reporting solution gives you an instant snapshot of the state of your business, especially important when you manage the kind of payroll complexities associated with managing high end contractors, where your payroll might easily exceed $1-million annually with a small number of top earners.


The PlatinumWFM reporting solution goes beyond quick, customisable reports to include pulling data on your commissions and placements, and your client invoicing. You’ll be able to configure your reporting analytics, which our awesome all-Aussie support team will help you set up.



Effective and cost efficient


PlatinumWFM is a no fuss, no friction solution because our system is purpose-built for recruitment and contractor management agencies. WE work on a pay-as-you-go (PAYG) model, which means you pay a percentage of your total monthly payroll for our full back-office solution, support team and Contractor Care Centre.


PAYG means you never pay for services you don’t need and allows you to rapidly scale up to onboard a full project team of contractors, or scale down when projects end. The amount you pay changes without changing your access to PlatinumWFM’s full solution and support.


This makes managing your risk very affordable - as affordable as our governance and reporting is effective.


Does this sound like the contractor management solution for you? Book a virtual coffee chat or use the Live Chat button to talk to our team today.


    • Related Articles

    • Risk & Responsibility in Recruitment

      If you aren’t sure of your legal responsibilities as a recruiter, or if you are tired of carrying the risk for clients and contractors, this is for you. Darren talked through risk and responsibility in recruitment with Martin Richardson of Ready Set ...
    • Risk & Reward in Recruitment

      How do you mitigate the dangers and maximise the income when tackling a new business opportunity? We combined our technical expertise with finance insights from Scott Weddle, founder of Think Fast Finance, to bring you some answers via video or blog, ...
    • Top 5 software tools for recruiters

      What to look for in the most effective backend tools that can enhance the candidate experience, cut your costs and help the future of your agency. Contractor management can, especially in growth industries like IT and Finance, be a high-volume ...
    • Solutions Overview

      With Platinum WFM, it is easy to nurture valuable relationships. Excellent contractor care takes planning, administration, governance, follow-up and support. Our help centre, dedicated team, efficient systems and effective processes hold your hand ...
    • How to find the best recruitment tech

      10 questions to help you choose the best back-office technology for your contractor management agency. Back-office support is critical to the smooth running of your recruitment business. When comparing different systems, ask the following questions ...