Process Improvement - Payroll Process Audit

Our Payroll Business Process Audit provides our clients with an Executive Level Strategy Report that assesses the current payroll process, payroll staff members and the use of technology in the production of payroll. Executive Alliance Consultants will also create a Payroll Best Practices Analysis which will evaluate how well current practices align with industry standards and make appropriate recommendations where improvement may be needed. Our process consists of six phases:

1. Organizational Structure Realignment
   • Documentation of Roles and Responsibilities
   • Payroll Cycle Analysis
   • Government Compliance (as it applies to wage and hour compliance)
2. Management and Staffing
   • Documentation of Roles and Responsibilities
   • Staff Evaluation
   • Interdepartmental Communication
3. Procedures and Policies
   • Payroll Policy Compliance
   • Financial Processes including General Ledger
   • Cost of Payroll Administration Analysis
   • Provide Executive Level Report
4. Cost of Production and Software
   • Analysis of Vendor Relations
5. Controls and Validation
   • Analysis of Payroll Function Controls and Validation Method
   • Document Payroll’s Interdepartmental Interactions
   • Risk Assessment and Fraud Evaluation
6. Continuous Improvement
   • Payroll Policy and Procedures
   • Incorporation of Human Resources and Payroll staff members’ ideas