Presenter, Roger Smith, CPP and Payroll Consultant, Offers Valuable Insight into Sarbanes-Oxley and its Impact on Payroll
Livonia, Mich., February 18, 2009 – WorkForce Software, Inc., a leader in workforce management software solutions, announces its February Learning Series webinar, “Sarbanes-Oxley and the Payroll Professional.” This webinar offers valuable insight into the role of the payroll professional and the impact of Sarbanes-Oxley (SOX).
Our speaker, Mr. Roger Smith, CPP and payroll consultant for the Payroll Prof, has an extensive background in the payroll industry, recently retired from EDS, and is a frequent speaker and contributor for the American Payroll Association (APA). Mr. Smith discusses what every payroll professional should know about being in compliance with SOX internal controls. He offers advice on how to document and maintain those controls at various levels within the department to maintain compliance.
Because labor costs are typically one of the largest expense items for a company, processes that impact those costs need to be tightly managed and documented in order to minimize risk of non-compliance. Payroll professionals must have internal controls in place that show employees are paid accurately and consistently all the time. They must also provide audited proof of those payments to maintain compliance. Mr. Smith discusses how to manage internal controls effectively.
Automating the proper procedures and controls will ensure your organization complies with requirements. Examples of automation include:
- Automatic calculation of payroll costs prevents mistakes and tampering of information
- Automatic approval routing ensures payroll costs are authorized appropriately
- Amended timesheets are attached to historical transactions so all changes are documented
- Audit trails provide a three-year history or longer
“WorkForce Software’s EmpCenter® workforce management suite has a powerful rules engine to monitor and control compliance for every employee transaction between the employee and the employer,” said Kevin Choksi, president and CEO of WorkForce Software. “By automating the procedures and controls, EmpCenter helps organizations ensure accuracy and reduce costs. We are excited to offer this valuable webinar to our Learning Series.”