Successful businesses are always mindful of how they spend. They track everything to enhance budgeting and planning. Of the areas that require proper tracking is employee vacation tracking. While it is often ignored, this is one area that could disrupt your budget. A lot of attention should be paid to it and a vacation tracker can be used to automate this particular workflow. (more…)

Are were looking for new employee checklist templates? The employee checklist and the process diagram are shown right below and the diagram will expand with a click. We also add a couple of words about a rather simple way to optimize the onboarding process with the help of hiring software by Comindware, and this can presumably save an appreciable part of your working time.

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Carrying out a thorough and error-free payroll process is a legal requirement that all businesses should comply with. This is to make sure that employees’ W-4 forms are properly filled and that their taxes and retirement plan fees are accurately deducted. To certify that this runs properly, a company requires payroll management software. It will simplify payroll calculations and eliminate repeat jobs. (more…)

Workflows may be a simple sequence of work activities, or a complicated collection of processes that take place in parallel. When a company’s methodology features workflow management system capability, the result can be more visibility into all stages of the process, better accountability among work team members, and improved efficiency overall. With the right workflow management solution, repetitive tasks can be automated, and better collaboration is facilitated.

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A travel request approval workflow is among the most imperative businesses processes a company should have. It is specifically needed by companies that permit employees to travel for business. Without a flawless workflow, you can expect to see one or all of these challenges. First, you will depend on spreadsheet and email for your travel request management tasks. (more…)

If you want to run a successful business, there are financial terms you should familiarize yourself. For instance, you should understand the difference between Capex and Opex. (more…)

There are two entities that keep a business running smoothly. These are customers and suppliers. The problem that most entrepreneurs have is focusing too much on pleasing the customer. What they fail to realize is that suppliers are equally important. Without them the customer’s needs cannot be met. If you have been less professional with your suppliers, this is the best time to embrace change—automated invoice management. It is the only thing you require to improve your invoicing. Manual invoice management tends to be slow, erroneous, tedious and costly in the long run. In this era of technological development, you no longer need to do manual invoice processing.

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If you are unhappy with how your finance staff tackles budgeting, act on it now. Manual budgeting never ends well. In the long process of creating, disbursing, collecting and merging records, manually, errors and omissions do arise. These can be costly errors that could have an impact on overall business performance. Are you still using Excel spreadsheets? If so, you should shift to an advanced budget management method that could manage your spreadsheets more effectively. This will eradicate several challenges that your finance team has been facing. For instance, it will save time that gets wasted when your staff has to reorganize all invoices so they can have a similar format. As well, the amounts of emails and phone calls that were earlier exchanged to establish the status of every budgeting task will reduce.

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Does the idea of managing expenses for your employees seem overwhelming with managing details, going through piles of papers and analyzing facts and figures to find out which ones to process? Well, workflow tools like Comindware Tracker come handy for expense management.

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The manual method in accounts payable processing is a tremendous task taken by designated individuals in a company work frame. It is so much more strenuous and tedious process in addition to the long line of workflow for accountants. Thus, manual operation has great tendencies for mistakes and failures which cause undesirable effects to the production flow, time, and cost. Read on for details of accounts payable evolution and get risk-free trial of Comindware Tracker to automate your payable workflow process and financial management in a snap.

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