New Feature – New in iHR Onboarding: Bank, Tax and Super validation (For Australian customers only)
We are excited to announce a new feature that enhances the employee onboarding experience by enabling employers to easily collect and validate crucial employee details such as bank account information, TFN declarations, and employees’ superannuation digitally within the onboarding flow. This update enhances the operational efficiency of the onboarding process, helps Australian businesses comply with the up-coming super regulation, and ultimately improves the onboarding experience for both employers and new hires.
🔥 What’s New?
This latest release allows HR teams to digitally gather and validate employees’ bank details, superannuation choice forms and TFN declarations during onboarding. By integrating this step into the onboarding workflow, admins can now ensure that all required financial information is captured accurately and promptly, reducing the need for manual form filling, multiple follow-ups and mitigating errors.
Employee's bank details setup:
⭐️ Why it matters
Collecting and validating essential employee information, such as bank details, superannuation choice forms, and Tax File Number (TFN) declarations, is crucial for timely and accurate payroll processing. Incorporating this feature in your onboarding flow reduces the time required in the manual form-filling and collection process for HR teams and employees, reducing delays and errors in information transfer while ensuring compliance with Australian tax and superannuation regulations.
From 1 July 2026, Australian employers will be required to pay their employees' super guaranteed (SG) at the same time as their salary and wages. Enabling automatic ATO validation and super choice fund selection in the onboarding process helps ensure that employers are payday super ready as soon as the new employees are onboarded.
🏁 Getting Started
To start using this feature, HR administrators need to ensure that the Business Entity on the Settings page is configured with a valid Business Name and ABN number. Additionally, they must activate Automated Super Stapling. Once this is set up, you can enable the options to collect and verify Bank, Tax, and Super information when creating a new person and during their onboarding process.
Please visit the Help Articles below on how to set this up in your iHR platform. If you require further assistance, please contact your Humanforce support team.