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What are the Key Differences Between SOC and SOX?

Immedis

While both Service Organizational Control (SOC) audit reports and the Sarbanes-Oxley Act (SOX) concern compliance and serve as protective agents for consumers and organizations, there are fundamental differences. Co-location service providers?. Tax service providers?. Global payroll and SOC audit reports . Data centers?.

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Thankful for a Great 2021:8 Awards in 1 Landmark Year

Payactiv

In the years following, our simple payroll invention reimagined the way people think about financial wellness. The Payactiv app gives them access to comprehensive financial services and more control and flexibility with their earning, spending, and saving. American Business Awards “Company of the Year in Financial Services”.

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The Future of Blockchain in the Payroll Industry

HR Daily Advisor

Blockchain has the potential to disrupt the payroll industry in the next few years, but there is still a lot to learn about how it can and should be used. Paychex’s Frank Fiorille breaks down the basics of blockchain, its uses in the payroll industry, as well as benefits and risks. How can blockchain be used in the payroll industry?

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Case Study: Buy Sod

Paycor

In 2002, three family businesses came together to create a network of sod farms that operate and distribute around the country. But with ten locations and eighteen different payrolls to process, Buy Sod Inc. struggled to calculate payroll taxes on their own. Lacked employee self-service. Manual payroll processing.

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Happy Anniversary HR Daily Advisor: Part I

HR Daily Advisor

Wanted: Dr. Dino’s Payroll Taxes. A Florida evangelist and entrepreneur who allegedly paid his employees in cash and labeled them “missionaries” to avoid payroll taxes has been arrested on 58 federal charges, including failing to pay $473,818 in taxes and threatening investigators. Source: PensacolaNewsJournal.com.

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Prepare for Targeted Attacks on High-Value Data

HR Daily Advisor

They’re getting so old but payroll departments are still falling for them,” he said. Laws like California’s pioneering 2002 breach notification statute focused exclusively on the confidentiality of personal information, so many incident response plans didn’t involve lawyers in preparing for these other types of attacks, Neiditz said.

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An Idea Whose Time Has Come

Payactiv

Fast-forward to 2002. One of our customers, Global Cash Access, was the largest operator of casino cash access services. Over 90% of the casinos in the world used their cash access services and our platform was involved in authorizing transaction approvals and cash dispensation. Meanwhile, payday lenders rapidly filled the gap.