SYSTEM AND METHOD FOR COORDINATING THE COLLECTION, ANALYSIS AND STORAGE OF PAYROLL INFORMATION PROVIDED TO GOVERNMENT AGENCIES BY GOVERNMENT CONTRACTORS

A method for systematically coordinating the collection, analysis and storage of payroll information provided to government agencies by government contractors pursuant to applicable regulations is disclosed. The method includes collecting payroll information from contractors, performing an automated compliance check on the payroll information collected from contractors, storing verified payroll information in at least one database, and performing an automated fraud check on payroll information. The method also includes notifying auditors of instances of possible fraud, notifying auditors of instances of non-compliance, sorting payroll information in the at least one database according to geographic and skill categories, and providing reports to agencies.