What is Pay Next Day (PND)?
Imagine the peace of mind that comes from knowing your staff will be paid right after their shift ends, without any delays or hassles. That’s the promise of the “Pay Next Day” (PND) feature – a transformative approach to handling payroll that can significantly enhance your pharmacy’s operational efficiency and staff satisfaction.
For pharmacy owners and managers, PND is more than just a quick payment tool; it’s a strategic advantage. This system ensures that your locums are compensated within 24 hours after their work has been verified and approved. This swift payment process not only boosts morale among your staff but also positions your pharmacy as a preferred employer—a critical factor in industries facing staffing challenges.
From a managerial perspective, PND streamlines the administrative burden associated with payroll processing. It reduces the workload on your finance team and minimises the potential for payment errors, ensuring that everything runs smoothly. With PND, you can maintain a more focused approach on patient care and store management, knowing that the backend payment processes are taken care of efficiently.
Why did we introduce PND?
- To simplify payment processes for busy pharmacies.
- Attract top locum talent with quicker turnaround of payment.
- Reduce administrative burden for invoicing and payments.
- Improve overall experience for both pharmacies and locums.
How does it work?
- Review and approve locum timesheets as usual (within 48 hours, after which time it will be auto approved).
- Locumate processes payments to locums within 24 hours of approval of timesheet.
- Receive consolidated invoices from Locumate every Tuesday.
- Make a single payment to a central bank account instead of multiple payments to individual locums.
- Superannuation payments still go directly to locum’s superannuation fund.
Pay Next Day is more than just a payment feature – it’s a revolution in pharmacy management. By streamlining your payment process, you’re free to focus on what really matters: providing excellent healthcare to your community.
As we continue to innovate and improve our operational practices, PND stands out as a key feature that supports our vision of a supportive and efficient workplace. We encourage other pharmacies to consider this approach, as it fosters a positive work environment and positions your business as a leader in employee satisfaction and operational excellence. Consider PND as more than just a payment system; it’s an investment in your people and your pharmacy’s future.