Payroll encompasses a good share of a total company’s expenses, so to ensure a decisive share of a company’s total expenditures, transactions must be meticulous and definite, balances must be properly recorded and also the ledger should remain up-to-date. One of the crucial methods to ensure accuracy is to bolster the use of periodic audits of the internal payroll system.
Making gray areas more transparent and friendly.
Oftentimes, it has been seen that employer contributions are not black and white. We ensure that employers are remitting the appropriate amount of contributions to the employees. Our auditors also evaluate whether there are other employees on the company’s payroll that the employer fails to include in its compensation program. While, this service must be diligently performed in order to ensure compliance, conducting thorough payroll audits can really make a difference in dollars.