Payroll Fraud and Risk Management


What are your current payroll processes and procedures?

You should ask yourself the following questions:

  1. Who is responsible to gather and compile the payroll input?
  2. Who captures and / or import the payroll input?
  3. Who is responsible to check the payroll input?
  4. Who is responsible to sign off the payroll input?
  5. Who exports the bank file from the payroll system?
  6. Who imports the bank file into the bank software?
  7. Do you reconcile the bank statement after payment to the payroll information?

The abovementioned tasks should be assigned between the payroll, finance and human resources department.

We assist companies to identify and mitigate payroll risk areas, as well as implement payroll processes and procedures.