PayRiskIQ

PayRiskIQ is a web-based payroll risk engine for multinationals running payroll across many countries. It continuously monitors tax and labor-law changes, flags potential worker misclassification issues, and quantifies FX exposure tied to payroll cycles. The product connects to payroll providers and HRIS systems (where available) to ingest payroll runs, worker attributes, and country/entity context, then produces a unified risk dashboard with alerts, recommended actions, and audit-ready evidence trails. Compliance teams can subscribe to country “watchlists,” set thresholds (e.g., contractor-to-employee ratios, overtime anomalies, statutory benefit gaps), and route issues to HR, Legal, Finance, or local payroll vendors. A built-in risk scoring model prioritizes what to fix first and estimates financial impact (penalties, back taxes, interest, and FX slippage). Designed for enterprise workflows: role-based access, change logs, and exportable reports for auditors and board risk committees.