Accurate and timely audits report premium basis and loss data to the rating bureaus, which can affect premiums.
A Service Audits is an option if the customer wants to more closely approximate workers compensation costs at the beginning of the policy term. This audit can help address concerns regarding specific classification rules, timecard regulations, experience rating, and exclusion of officers.
Online billing information and monthly payroll reports provide a breakdown of the Employer's current and prior transactions by policy year and policy number. Employers can also complete and submit their monthly payroll report online and download previously completed reports and blank MPR forms for any payroll reporting period.
Source: https://www.bhhc.com/workers-compensation/services/accounting-online-services.aspx