What is Audit1?
Audit1 is an online fully integrated Audit system designed to simplify and manage insurance premium audits. It eliminates the burdensome process for all parties involved regardless of company sizes.
Why Audit1 for Payroll Companies?
Audit1 was developed to increase efficiencies and maximize productivity and workflow through the entire premium audit process. It immediately creates a revenue stream for your company and removes the hassle of what is usually a cumbersome and time consuming task. It allows you to allocate your human capital on what you do best which is process payroll, tax form compliance, and process tax revenue . It integrates all the parties that are involved from the accountants, agents, and the insurance company.
Insurance companies and state funds have varying requirements to reconcile workers’ compensation and other auditable coverages. Audit1 can be activated at any point in the policy cycle from policy inception (avoids surprises) through audit completion with real-time calculations.