STP Phase 2 Payroll Reporting Delays
Definition
Billing for contractor-heavy BI projects requires STP-compliant reporting; manual scoping causes delays in payment reporting and cash collection.
Key Findings
- Financial Impact: AUD 300-3,300 failure-to-report penalty per employee + 10-15 extra Accounts Receivable days
- Frequency: Per pay event for contractors/subcontractors
- Root Cause: Disconnected scoping, time tracking, and payroll systems
Why This Matters
The Pitch: Business Intelligence Platforms in Australia 🇦🇺 face AUD 3,000+ fines yearly from STP non-compliance. Automation of payroll-integrated billing cuts DSO by 15 days.
Affected Stakeholders
HR/Payroll, Project Billing
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Superannuation Guarantee Shortfalls
Unbilled Out-of-Scope Services
Delayed Invoicing GST Compliance Errors
Customer Friction Churn
Decision Errors
Revenue Leakage
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