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Top 10 Compliance Consulting Firms - 2019

Several state jurisdictions in the U.S have enacted laws recently that bear a significant influence on the way employers across industries hire, treat, and pay their employees. Amid the evolution of the regulatory requirements, performing an HR compliance audit has become mandatory for organizations. Any failure to comply with the laws can result in significant fines and penalties. Strict compliance is imperative to saving businesses from any potential legal risks, especially when impending legislations pertaining to “marijuana” and “Ban the box” are debated extensively. Under these circumstances, organizations better play safe by outsourcing the compliance function to a consultant/service provider to ensure all areas are covered significantly and objectively.

For companies that own the resources and systems to ensure their people, process, and technology comply with the regulatory law, they can manage compliance and legal risks. But having a dedicated consulting and services partner can bring them benefits unimagined before. The smaller firms, in particular, need to outsource the HR compliance to an expert compliance services agency that can help them perform their operations efficiently. To keep up with the regulations and meet the necessary demands in an automated fashion, many service providers have adopted state-of-the-art technologies, including the cloud, artificial intelligence, and machine learning into their systems. More importantly, these services providers periodically study and keep themselves up-to-date on the regulatory changes. In the event of the need to report on compliance issues to auditors, regulators, or legal teams, enterprises can quickly get the comprehensive reports generated from their compliance services partners.

Whether it’s preparing employee handbook, simplifying and distributing tax forms, or taking disciplinary action when an employee fails to comply with the regulatory law, agencies perform all these mundane tasks with the assistance of pioneering compliance management software. While technology provides the convenience and liberates the HR professionals from the hassles of collecting information manually, it can, however, be a costly affair for companies running on a tight budget. In such scenarios, they can avail the cloud-based managed services that many compliance service providers offer today.

Another critical aspect of the HR function is the training and development of the new and existing workforce. As mandated by several regulations, HR teams have to train the employees on a myriad of topics, including diversity, safety, sexual harassment and more. When questioned by auditors, they must be in a position to prove their actions met the compliance. Compliance service providers use training software to track and manage information pertaining to the training and certification of employees. Such software applications ensure the trainings are up-to-date with the changes in regulations.

To help CIOs navigate through the list of HR compliance consulting/services providers, our distinguished selection panel, comprising CEOs, CIOs and VCs, industry analysts and the editorial board of HR Tech Outlook narrowed the top 10 compliance consulting/services companies that exhibit competence in delivering efficient services. 

We present to you HR Tech Outlook’s “Top 10 Compliance Consulting/Services Companies - 2019.” 

Top HR Compliance Consulting Firms

Focused on the getting the compliance policies of federal, state, and local employment laws right, ComplyRight simply hopes to reduce the burden on the employers. With a team of experts, this HR firm track all the laws and regulations ensuring that the business is not affected by it. Utilizing practical and affordable insightful solutions ComplyRight provide products and services like recruitment, policy planning, employee management, tax services, and payment among others. Founded in 1984, the company serves healthcare, retail, industrial, restaurant, and office sectors

www.complyright.com

Kronos, a workflow management solution provider that enables enterprises to control labor costs and improve productivity, is a leading organization in the HRM and compliance management industry. Guided by experience and innovation, the firm offer tools and services that cover all aspects of human resource management enabling the organization to minimize compliance risks, control labor costs, and improve workforce productivity. Engaging businesses, Kronos offer services for small & medium businesses to Fortune 1000 firms in workforce management, human capital management, and labor laws and issues. By leveraging adaptive technologies, the company serves industries like education, financial, healthcare, logistics, manufacturing, etc., gaining multiple awards and recognitions across industry verticals

www.kronos.com

Built to be an off-site human resource department for companies, Lyons HR serves as HR consultant for small to midsize businesses. As a professional employer organization, the firm works well with thousands of employees and hundreds of employers across the nation. The comprehensive HR management solution offered by the firm includes recruitments, training, policy development, payroll & benefits management, tax administration, and regulatory compliance assistances. Lyons HR is affiliated and accredited by Employer Services Assurance Corporation (ESAC) and the Internal Revenue Service (IRS), enabling the clients to receive the best security, high standards, and assurances in the employment industry

lyonshr.com

NavigateHCR has been breaking down the complexities associated with compliance regulations through an HR platform, emerging as a full-service compliance consulting and technology company. NavigateHCR pulls in data from payroll as well as employee benefits service providers and sends it to respective employers for their correspondence with employees. Reports are then provided to HR managers for analysis and action on employee benefits as well as to regulatory agencies and the IRS, as required. When it comes to data transfer, NavigateHCR boasts of a smart and flexible way for clients to send or receive information via its Universal Data platform

navigatehcr.com

Corporate Business Solutions

Corporate Business Solutions

Corporate Business Solutions or CBS, a Human Resource company, ensures the acquisition of the best people suited for an industry, enterprise or business. Working to enhance the client’s business edge, CBS use the best technologies to save money, identify and retain talented employees. The firm provides iManage software, a full-featured HR solution designed to streamline the HR department’s activities. Serving small, medium, and large organizations, CBS offer its solutions to different industry verticals including financial institutions, healthcare, hospitality, manufacturing, non-profit, and services. Working closely with the clients like a business partner, CBS offer the best-in-industry HR solutions and compliance services

Current Consulting Group

Current Consulting Group

Current Consulting Group, a human resource and talent management firm, holds the key to select the best employees suited for each enterprise. Helping the clients, the company takes up the job of screening the applicants thoroughly. Utilizing drug tests, background checks, and other stringent screening tests, the industry veterans of Current Consulting Group filter the selection to find the best candidate. Dedicated to delivering solutions that help in business growth and employer’s welfare, the firm works based on integrity, results, communication, vision, and experience. The firm serves the management industry providing both industry and employer solutions, along with training, guidelines, market assessment reports, seminars, and much more

International Screening Solutions

International Screening Solutions

International Screening Solutions (ISS) is a global employment screening, due diligence and risk compliance firm. Working for public, private and government entities at the same time, this firm offers a comprehensive set of products that can check criminal backgrounds, identity, financial records, information authenticity, and much more. As a global service provider, International Screening Solutions is culturally adaptive to the nation’s compliance policies, delivering easy-to-use, single, and multipurpose web-based interface. The firm offers customized implementation of selection procedures that adhere to the international norms, data collection regulations, research, disbursement, and quality, ensuring better results

OnBlick

OnBlick

OnBlick is a 360 degree US immigration and HR compliance solution provider that digitizes and automates the whole process. The SaaS-based platform utilizes intelligent algorithms, SOC and Wage predictors, to digitally convert the aspirants I9 Form, I-983 Form, and PAFs, ensuring compliance safety. OnBlick works with multiple governmental immigration firms to enhance H-1B visa applications, prepare DOL audits and FDNS site visits to complete the onboarding processes smoothly. The firm specializes itself in talent acquisition and applicant tracking with their own Applicant Tracking System that find, qualify, engage, and track applicants more efficiently

Paychex

Paychex

As a provider of HR solutions that expand with the business, Paychex provides payroll, human resource, and benefits outsourcing solutions from small to midsized companies and enterprises. The all-in-one platform covers and manages benefits, time & attendance, payroll, HR, PEO, and hiring & onboarding services. Paychex have partnered with professionals/organizations from accounting, banking, financial, and franchisees, streamlining the multiple processes. Maintaining the highest standards in organizational compliances, the firm has strong relationships with IRS and local agencies as per the region, proactively adapting the HR solutions to the changing regulations. Founded in 1971, Paychex now serves more than 555,000 satisfied clients

Sterling Insurance Group

Sterling Insurance Group

Sterling Insurance Group is an insurance company that caters to the insurance requirements of the automotive industry, along with HR employee benefits and risk management solutions. With holistic and revolutionary ideas, the firm rethinks the insurance strategies for the clients bringing down the premiums, identifies the risk area, and increases profit. As a HR compliance service provider, Sterling Insurance Group focuses more on recruitment and training. The firm provides services such as group health insurance, accidental insurance, benefit administration, and compliance solutions. The strategic partnerships of Sterling with multiple organizations provide the clients with high standard comprehensive risk management services