Our experience has taught us that clients who do not regularly audit their PEO can potentially find themselves with increasing costs from year to year. This increased cost is often due to taking a “set it and forget it” approach to a client’s PEO.

The audit is one of the best ways to negotiate with your PEO provider and will usually lead to some type of concession. Whether this concession results in a lower price or results in a competitive offering in the market, failure to conduct audits leaves money on the table and is a missed opportunity when it comes to managing the costs.

Although the absence of an audit will not necessarily make or break an organization's finances, it is a good way to effectively manage the balance sheet, especially if financial results are tight.

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