Scope of Work If an entity is selected for a contract, they will complete a high-level assessment and mapping of WorkForce Central’s current fiscal processes and provide recommendations to improve efficiency and effectiveness, while maintaining compliance requirements. WorkForce Central will discuss and clarify the scope of work and expectations with a selected entity, but the assessment is anticipated to cover the following areas: • Budgeting and planning • Accounting and financial reporting • Invoice review and payment processes • Internal controls • Journal entries • Cash management • Credit card reconciliation • Payroll • Procurement and expenditures • Documentation collection and storage • Subcontracts development, review and approval • Compliance with regulations
