The main goals for Martin and Nuttall was to build an application which was scalable, agile, and affordable for all organizations. After seeing one client spend north of $500k on a SQL-based model and over $100k to validate the model via an additional consultancy, the payroll re-calculation application built with Alteryx became one-of-a-kind in the market. The impact of the recalculation application model is best understood by looking at the cost of getting leave payments wrong:
- Remediation fees can be north of $1.5m
- Consultancy and lawyer fees are to be expected
- Underpayments can be as high as 1% of wages paid in each of the 6 years that re-calculation needs to be considered
- The cost involved in end-to-end remediation can exceed the total value of underpayments required to be paid
“We started in the most complicated area in this remediation process, an area where very few competitors operate, which is the 6+ year re-calculation of correct holiday pay to employees. From this we have expanded to be an end-to-end service to support clients in their remediation journey, saving them hundreds of thousands of dollars.” Nuttall concludes.
Building on success of the first version of the Alteryx application, Grant Thornton and Mission Intelligence have developed an enhanced second version covering all aspects of employee entitlement legislation in New Zealand. This App allows the user to choose between five areas of compliance to recalculate and has a total of 38 configuration options. The second version has expanded leave scenarios from 42 to nearly 150 possible scenarios – covering every type of employee in New Zealand.
Sr. Manager, Consulting
Grant Thornton NZ