Getting into Compliance for Good - Relocation Payroll Tax Issues

Maintaining tax compliance is essential in today’s corporate world. Relocation expenses, though, are sometimes overlooked and become a possible red flag to Internal Revenue Service auditors. Most companies can get into compliance easily by following a few short rules that are probably already in practice for other benefits within the company.

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Going Paperless with Online Employee Expense Entry

Relocation Expense Management Services can be marred by sluggish payment cycles, costly keying errors and high processing costs. Online Employee Expense Entry (OE3) assists in reducing payment processing time by as much as 40% and removing bottlenecks throughout the process. Since all receipts, expense reports and approvals are electronic under the OE3 process, the cost to process a report is trimmed significantly and the stacks of paper that accounting professionals had to wade through in the past is all but eliminated.

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The Value Proposition of BPM Technology in Workforce Mobility Management

Business Process Management (BPM) systems can provide tremendous benefits to global assignment and domestic relocation management. BPM directly impacts a company’s ability to adapt to changes in the marketplace, reduce operational costs and improve customer service. Good BPM tools will allow a business to monitor and manage as little or as much of any process they want to manage, will adapt quickly to changes, and is deployable at a much lower cost than custom programming the same processes into an existing legacy system.

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