With the Payday Superannuation Bill clearing the House of Reps, businesses are one step closer to a landmark change in how super is paid, and three Australian technology leaders have mobilised at pace.
To prepare for the shift, employment management platform Employment Hero has partnered with Zepto, and superannuation messaging provider OZEDI, to build a first-of-its-kind solution to protect businesses from the risk of admin and penalties, ahead of the reform.
The partnership marks a major milestone in Employment Hero’s new embedded super clearing tool, HeroClear.
HeroClear removes the manual steps and delays that currently sit between payroll and super funds, and gives employers a clear proof-of-payment trail within the legislated seven business day window.
HeroClear makes use of OZEDI's SuperStream connection to verify fund details before payment, and Zepto’s real-time payments capability on the NPP to move contributions instantly. These functions will sit inside Employment Hero’s payroll system, so employers do not have to use separate clearing houses or banking portals. Currently, existing bank transfers can take up to three business days, creating silent delays and error loops that put employers at risk under the seven-day rule.
Without this automation and live status, many businesses won’t know they’ve fallen foul of the rules until it’s too late, exposing them to significant penalties.
"We’re proud to partner with like-minded innovators, Zepto and OZEDI, in our move to embed super clearing directly into Employment Hero Payroll. By validating fund details up-front, moving money in real-time, and providing live confirmations and a single audit trail, SMBs will see fewer errors, faster settlement and clear proof of action to meet new requirements. That means better outcomes for business and employees alike.”
Employment Hero CEO, Ben Thompson.
Having first partnered with OZEDI back in 2023 to successfully deliver Australia's first instant super fund payment using PayTo over the NPP, Zepto’s commitment to real-time superannuation is not new —it’s a proven capability.
“At Zepto, we’re passionate about enabling dynamic, data-rich payment flows that move beyond the limitations of traditional banking systems. After processing Australia’s first real-time super payment with OZEDI in 2023, we’re proud to extend that innovation through this partnership with Employment Hero," said Chris Jewell, President and Co-Founder at Zepto.
"Employment Hero is showing what’s possible under the new Payday Super framework. By embedding Zepto’s real-time payment solutions within HeroClear, Employment Hero is leading the way for Australian businesses — unlocking automation, transparency and instant settlement that make compliance faster, simpler and more reliable.”
Chris Jewell
Superannuation messaging provider OZEDI has been in the business of handling large volumes of superannuation contribution data since 2013. It delivers critical data swiftly, securely and cost effectively providing software companies with the ability to offer their customers Single Touch Payroll, SuperStream, Standard Business Reporting and eInvoicing.
“The industry-wide process has remained largely unchanged for more than a decade but technology, such as the NPP and our new data and payee verification services creates a whole new experience for employers. The integration of OZEDI’s services with Employment Hero’s advanced technology and vision plus Zepto’s NPP payment services has created a benchmark for the industry.”
David Field, Director at OZEDI.
Instead of separate systems, clearing houses, payment portals and manual uploads that accumulate costs and admin, Employment Hero's HeroClear will be the only end-to-end, automated workflow inside payroll, tracking each step from payment to settlement, any errors of refunds and validation all within the one platform.
The partnership supports the core policy goal of Payday Super - improving retirement outcomes for Australians- while helping ensure businesses can meet the new requirements from day one.
At Zepto, we are passionate about enabling dynamic, data-rich payment flows that move beyond the limitations of traditional banking systems. By embedding our real-time solutions within payroll and superannuation payment platforms, we are leading the way for Australian businesses—unlocking the automation and instant settlement required to make compliance faster, simpler, and more reliable.