Você está na página 1de 4

Payroll

Payroll | eliminate payroll errors

Using this granular level of automatic reconciliation


today enables us to balance the key areas in only four
hours for each pay cycle; half the time it previously
took...


- A Leading Fortune 500 Snacks Manufacturer

Payroll
Independently Assure Accurate, Consistent, and Reliable Payroll
As one of the most significant expenditures for your company, payroll is increasingly
complex and labor intensive with high volumes of transactions and complex
calculations. Even a slight payroll error can proliferate as it propagates downstream.
Payroll calculation errors can result in tens of millions in fees and litigation, not to
mention the additional costs stemming from expensive re-runs and writeoffs, lost employee productivity, and federal, state, and union compliance
Outsourced or not, its your responsibility to
mandates. Regardless of whether you outsource payroll, its your
provide accurate payroll.
responsibility to get it done right.
As the complexity of handling data expands, manual systems become
unmanageable and prone to human error. While the demand in payroll processes
increases, accuracy declines. To resolve these issues, you must prevent these
occurrences by implementing automated information controls to eliminate errors.
Do you tie up a small army of financial analysts and/or HR specialists to manually
perform validation of payroll? These manual controls are often inadequate and
occur too late in the process to prevent errors. You need Infogix Controls.

The Automated Control experts


At Infogix, we have over 27 years of Information Integrity expertise. Many of the
worlds leading corporations depend on Infogix Controls to eliminate transaction
processing and other information errors. In fact many have mandated Infogix
Controls as the standard. And unlike other available options, Infogix Controls
apply to all business processes across your enterprise to ensure that all of your
information is accurate, consistent, and reliable. Some examples of savings include:
Eliminating manual verification steps in payroll and financial reconciliation
processes.
Eliminating unauthorized overtime payments.
Eliminating unauthorized or inaccurate commission, bonus and salary
adjustments.
Reducing errors in tax withholdings, flexible spending accounts, FICA, Medicare,
unemployment taxes, and other regulated witholdings.
Implementing independent automated and continuous information controls
will enable your business to detect and prevent costly payroll errors before they
propagate and impact downstream systems and employees.

Proven Benefits
Infogix Controls can benefit your business by eliminating
payroll errors in many areas, including:

Reconciliation between payroll sub-ledger and the


general ledger
Reasonableness checks on payroll changes between
cycles.
Validation of accurate compensation, withholdings, taxes,
and benefit calculations.
Reconciliation from each state, federal, and other
jurisdiction withholdings to the GL.
Reconciliation of ACH and direct deposits.
Reconciliation between benefits systems, payroll, and
third-party administrators.
Validation of employee identifiers and/or social security
numbers/ personal identification numbers against
external sources.

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.

Streamline Auditing and Compliance

Infogix Controls help you reduce the effort and cost of


complying with regulations such as Sarbanes-Oxley (SOX)
and other legislation by eliminating errors and mitigating
information risk points throughout your business.
Enhanced transparency and traceability of payroll
processes are made visible through a secure web-based
controls dashboard portal.

can obtain virtually everything they need from the control


dashboard portal to walkthrough, baseline, and test
controls. With Infogix Controls, you can continuously
monitor controls across your business.
With a standardized automated control system used
throughout your business, you will streamline your audit
and compliance efforts, and save time and money.
you can continuously monitor controls across your
business.
With a standardized automated control system used
throughout your business, you will streamline your audit
and compliance efforts, and save time and money.

Eliminate Errors Upstream and


Downstream

Infogix Controls can be standardized throughout your


business. That means chronic error sources upstream from
payroll can be outfitted with controls. Youll find value
in controls that can assure business processes that span
from customer quotation to billing and beyond, to financial
reporting. These end-to-end controls are only possible
through a flexible controls platform technology that works
with virtually any source data on any computing platform.
Additionally, since non-programmers can easily create and
maintain Infogix Controls, you will be able to quickly and
economically keep your controls in sync with changing
business rules and regulations.

Assure Accuracy in Your Payroll


Information

Infogix offers best-of-breed independent, automated, and


continuous controls to assure that your payroll is accurate,
consistent, and reliable. Contact us today to learn more.

A fully verifiable audit trail of control execution


dramatically drives down audit times. The result is that
controls will need audit testing far less often, and auditors

Standard Mark and Logo on whi

background to be used on all pri


To learn more about how Infogix Controls
mutlimedia use. Drop tag when
Obtain
approval from MDU w
can help you eliminate payroll errors,
call
appearing on other colors.
us at +1.630.649.6800 (U.S., Canada, and
international), or visit www.infogix.com.

Copyright 2009 Infogix, Inc. All rights reserved. Company, product, brand, and mark
names and logos herein are the property of their respective owners. 2009-12-18
For a list of Infogix trademarks, visit: www.infogix.com/legal

Você também pode gostar