Streamlining Payroll with Deputy and Peiso: A Guide for Hospitality Businesses

Managing payroll and employee tracking can be a complex task, especially in the hospitality industry where shifts, overtime, and seasonal fluctuations are common. For business owners juggling numerous responsibilities, it’s crucial to have reliable software solutions that streamline these processes. The integration of payroll platforms like Deputy for payroll management and Peiso for employee tracking can help you manage your workforce more efficiently and accurately.

As Hospitality Bookkeeping and Accounting Specialists, we’ve seen firsthand how this combination can benefit hospitality businesses by reducing errors, saving time, and providing clear insights into labour costs. Here’s how Deputy and Peiso can work together to make your payroll and workforce management easier.

Why Deputy and Peiso?

Deputy is a payroll software designed specifically for industries with complex rostering and compliance needs, making it a great fit for hospitality. Deputy simplifies payroll by automating calculations for shifts, allowances, superannuation, and tax compliance. Its user-friendly platform helps ensure accurate payroll processing, which reduces the risk of errors and makes it easier to stay on top of labour costs.

On the other hand, Peiso is an all encompassing tool to track real time sales to real time payroll expenditure. It is a great tool to track productivity of your team proactively. With Peiso, you can track attendance, monitor clock-in and clock-out times, and gain visibility into how resources are being used throughout the day. This is especially helpful for busy business owners to maintain a high level of service without overstaffing.

By connecting Deputy with Peiso, hospitality businesses can seamlessly link payroll and tracking data, creating a smoother, more integrated system for managing the workforce.

Benefits of Connecting Deputy and Peiso for Hospitality Businesses

1.Accurate Payroll Processing

By integrating Peiso’s tracking data directly into Deputy, payroll processing becomes more accurate and efficient. Peiso automatically captures the hours worked, which are then fed into Deputy for precise payroll calculations. This integration reduces the need for manual entry and minimises the risk of payroll errors.

2.Real Time Labour Cost Insights

Both Deputy and Peiso provide real-time data, allowing you to monitor your labour costs as they occur. This is invaluable for hospitality businesses where staffing needs can change from hour to hour. By seeing labour costs in real time, you can adjust staffing on the fly to match demand without overspending.

3.Simplified Compliance

Deputy’s payroll software is designed to handle complex Australian payroll regulations, including award interpretation and superannuation compliance. With Peiso providing exact attendance data, Deputy can ensure compliance with all applicable labour laws, reducing the risk of fines or disputes related to underpayment or incorrect rostering.

4.Enhanced Staff Management

Peiso offers a detailed view of employee attendance, punctuality, and productivity. This data can be used to identify high-performing employees and improve scheduling based on actual performance. Combined with Deputy’s payroll features, this can lead to a more motivated, well-managed team, which is essential for customer satisfaction.

5.Time Savings for Management

By automating attendance tracking and payroll processing, managers save hours every week that would otherwise be spent on manual data entry and corrections. This saved time allows managers to focus on higher-priority tasks, like enhancing the customer experience or developing marketing strategies.

How Evisory Can Support Your Payroll and Tracking Integration

At Evisory, we specialise in helping hospitality businesses streamline their financial processes and optimise their payroll management. Our team of Hospitality Bookkeeping and Accounting Specialists can assist you with setting up and integrating Deputy with Peiso, ensuring that all data flows smoothly between the two platforms.

We understand the unique challenges of the hospitality industry and can provide insights into how to make the most of these tools. Our services include initial setup, troubleshooting, and training on how to interpret and leverage payroll and tracking data to make informed decisions about your workforce.

Best Practices for Using Deputy and Peiso Together

1.Regular Data Review:

Make it a habit to review both Peiso and Deputy data weekly to ensure accuracy in payroll and to adjust schedules based on actual attendance patterns. Reviewing this data with your Hospitality Bookkeeping and Accounting Specialist can help you fine-tune your staffing strategies.

2.Customise Reports for Insights

Both Deputy and Peiso allow for custom reporting, which can help you get insights into overtime, shift costs, and individual employee performance. Customising these reports can make it easier to keep track of key performance indicators (KPIs) and make informed scheduling decisions.

3.Stay Up to Date with Compliance

Australian payroll regulations can change, and staying compliant is critical for any business. Deputy makes it easy to stay updated, and with Peiso’s accurate tracking data, compliance becomes more straightforward. Our experts at Evisory can help you stay on top of these requirements and ensure your payroll is always accurate.

A Smarter, More Efficient Payroll Process

The integration of Deputy and Peiso provides a comprehensive solution for managing payroll and tracking employee attendance in the hospitality industry. By using these tools together, you can simplify your payroll process, improve accuracy, and gain greater visibility into labour costs.

If you’re looking to optimise your payroll and workforce management, let Evisory's team of Hospitality Bookkeeping and Accounting Specialists guide you through the setup and integration of Deputy and Peiso. With our expertise, you can focus on delivering exceptional service to your guests while we handle the complexities of payroll and tracking.

Ready to get started? Contact Evisory today to learn how we can help streamline your payroll and enhance your workforce management.