Infogix Controls Help You Eliminate Costly Payroll Errors
As your business continues to grow, manual systems become cumbersome, susceptible to human error and vulnerable to large penalties. As significant portion of your company’s expenditures, your company’s payroll cannot afford to be inaccurate. Payroll violations can induce fines in the thousands and hundreds of thousands, not to mention approaching regulation on auditing policies and potential penalties from the IRS and DOL. If that isn’t enough, fines incurred in restitution, and the loss from customer attrition can still persist.
| "Using this granular level of automatic reconciliation today enables us to balance the key areas four hours for each pay cycle; half the time it previously took…"
- A Leading Fortune 500 Snacks Manufacturer
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Proven Benefits
Infogix Controls can benefit your business by eliminating payroll errors in many areas, including:
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Eliminating manual verification steps in payroll and financial reconciliation processes.
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Eliminating unauthorized overtime payments.
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Eliminating unauthorized or inaccurate commission, bonus and salary adjustments.
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Reducing errors in tax withholdings, flexible spending accounts, FICA, Medicare, and unemployment taxes.
Mitigate Costly Risks with Automation
Manual or non-existent controls and deficient Segregation of Duties is a leading cause of costly errors and fraud within payroll systems. With increasing complexity, companies must ensure proper controls to assure accurate payroll and reporting. Infogix Controls can be applied to ensure your business rules and regulatory requirements are consistently applied.
Learn More About Infogix Automated Payroll Solution
Infogix offers independent, automated, and continuous controls to assure that your payroll is accurate, consistent, and reliable. To learn more, click here.