The payment process to injured employees and their service providers or network is complex, time consuming and can also be costly. This typically requires finance or payroll staff to work within systems and regulations with which they are often unfamiliar.
Additionally, workers’ compensation payments often involve one-off payments of relatively small amounts to service providers. This can be labour intensive and exceptionally costly for organisations with complex supplier onboarding protocols.
To help clients reduce cost, ensure Regulator compliance and maximise stakeholder satisfaction (including injured employees as stakeholders), we offer a Workers’ Compensation Accounts Payable end-to-end service; from invoice receipt to approval and payment.