IntelliAUDIT™ is a smart product featuring a smartphone app that works seamlessly with a cloud based web application to provide workers compensation carriers with a superior premium audit capability. In addition to providing a carrier’s policy holders with a self-reporting capability, IntelliAUDIT is able to process audit data from a policy holder’s payroll service. IntelliAUDIT is able to generate audits as input from a carrier’s policy systems or on predetermined intervals or on demand. It provides a full spectrum of audit management features including managing third party auditors, in house auditors, audit assignments, approvals and the overall audit workflow. It supports an auction model for third party auditor assignment award based upon bid and auditor rating. It provides complete integration with a carrier’s policy system for up to date rates, payroll and class/location information.