Many payroll service providers perform cybersecurity and IT compliance audits. With payroll being such an important function, many businesses will not even consider contracting with a payroll service provider if they do not have a SOC audit. If payroll is processed incorrectly, it can have a material impact on the user organizations financial statements. Additionally, the payroll process is considered to be “in-scope” in terms of SOX compliance. If the payroll service provider does not have a SOC audit, they may have to endure several audits by accounting firms throughout the year.
CyberGuard Compliance, LLP
CyberGuard Advantage, LLC
6720 N. Hualapai Way
Suite 145-306
Las Vegas, NV 89149
(866) 480-9485
www.CGCompliance.comwww.CyberGuardAdvantage.com
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