This Is How You Search for The Right Kind of HR Payroll Software

Making a selection of payroll management software for your company is not an easy decision that cloud be take in a day or two. It is also not easy to decide whether the software should be in-house or cloud hosted. In fact, this is quite difficult to find out the resources that may lead you towards the right decision. As both cloud and in-house software have their own worth for an organization according to their own requirement. So, today we’ll support in taking your decision that leads the business towards right strategy. You’ll be able to conclude the type of best HR payroll software for your business.

Here are steps to direct you towards successful software selection.

Most of the organizations hide extra charges associated with software installation as well as execution. Therefore, ask your vendor to share all information including hidden changes. These charges include:

1.          Software installation
2.          Annual cost
3.          System Maintenance
4.          Module Integration
5.          System Upgrading Cost

 

The additional features integration will be charged separately. All of these costs should be acknowledged initially. It will help an organization knowing whether the software comes within its budget or not. Usually, cloud based payroll software includes the subscription changes and cloud storage fee. While in-house software includes different other charges.

Whether you’re going for cloud-hosted or in-house software, attendance management cost should also be calculated. This is an important cost to consider before software selection and implementation. Employee’s hours should be efficiently calculated for effective payroll execution. Cloud hosting makes it easier to integrate the module.

In-house and cloud HR payroll software should include the realistic estimation of software life. Before you’re going to estimate the ROI, make sure to find out the life of your software. Evaluate the lifetime by staying optimistic. If your business grows rapidly, does the software support in coming 5-10 years or not? The lifetime of software is important to consider for right adoption.

The best HR payroll software is the one that fits with your business demand. Potential software selection enables right choice for your business. Therefore, make your decision after calculating business necessities. Determine the requirements, calculate your ROI and find the best decision for your business. Once you’ve calculated things from your side, it is a time to find out the vendor. Ask all relevant questions, required features in depth. Now get the quote for the software you’re considering best for your business. This quotation should also include all hidden charges.

In-depth understanding of requirements of best HR payroll software drive towards a successful decision. Cloud based payroll and HR software are currently considered as the best choice for small businesses by calculating requirements. But make your own choice and stay confident to it to collect maximum advantage. If you’re a competitor is using an in-house software, that could be the best choice according to their business structure. It is not necessary to follow them. Review and create your own strategy and make a confident decision.

How Inventory Management Software Can Be Beneficial

Managing inventory has always been an issue in every type of business yet it is an important part of any business and takes a lot of time if it is performed manually, time is a valuable asset, therefore it’s better to do things as quickly as possible. An efficient Inventory management system is required to manage the business, win your customer and increase the productivity of overall business.
Pakistan is a developing country and to be a developed country in future people here are working very keenly to cope up with the modern world. With the rapid evolution in technology all the businesses in Pakistan are taking steps to transform from bricks to clicks. Businesses are acquiring inventory software to run its operations in an efficient manner. With the help of such software businesses are growing rapidly as more accurate reporting is performed and informed decisions can be made by analyzing the trends.
Inventory management software is part of an ERP system. It keeps a track of both back end and front-end operations of the business. When both operations can be seen simultaneously an accurate analysis can be performed to see which products are more beneficial for the organization to maximize the output.

Following are the Features of an Inventory Management System:

Inventory Order Management:

Inventory software monitors the accessibility of the item to meet customer fulfillment. The organization gets the information of what to arrange, to guarantee that the stock is accessible for the most running items to keep up client’s interest. By keeping a check, an association can win their client’s heart as their requested item is constantly accessible for them.

Productivity:

As the time consumed in working manually is saved by inventory management system the services of the person, who was performing the task earlier, can be used in some other department or he can get more productive for the same department as the overall time would be saved.

Turn Over:

Inventory turnover can be calculated with the help of the inventory software provided with just a few clicks. This will help the organization to keep the most sold product to boost up the revenue.

Reduce Errors:

With the inventory management software, the reports and analytics are processed by the software so the chances of errors are minimal. Everything is processed in an efficient way to get the most accurate report.

Eliminate Manual Working:

This software eliminates the hassle of manual entries and upgrades the inventory management from bricks to clicks. Rather than composing things physically, with only couple of clicks the information of the stock can be included in the wake of purchasing from the merchant and it gets refreshed at each progression till it goes in the truck of the client.

Remote Access:

On top of all the other features inventory management system is cloud based which gives the owner complete access of the software with just an internet connection from anywhere without the inconvenience of big servers.

How to Advance Retail in Pakistan with POS system?

Running a retail business requires lots of efforts. No doubt you get a lot out of your investment and efforts in retail. With the advancement in technology, businesses management adopted new shapes. Pakistan is a developing country and very efficiently it’s adopting the new technologies. A lot of online POS software’s got introduced and were designed to ease the life of a retailer. Pakistani retailers are curious about POS systems and want to earn benefits out of them. In Pakistan Retail business is expanding every day and with increased rivalry in the market, it’s getting hard to earn Profit.

Let’s discuss the benefits of point of sale software in major retail businesses across Pakistan.

DEPARTMENTAL STORES

Big stores are now in trend for grocery and household items in Pakistan. As these stores offer a vast variety of consumer goods. People prefer to visit departmental stores more than community shops. Vast variety at these stores is offered like grocery items, furniture, home appliances, clothing, toys, food items, electronics, stationery, baby products, cosmetics, houseware, gardening, toiletries, and hardware, etc. Managing such variety, a large number of employees are required and its really hectic to keep a check on every employee. Apart from inventory management staff even customer attending staff, Cashier, salesperson, etc. are required. In such stores, an online POS system can serve as a miracle. POS system has the capability to eliminate the need for hiring multiple staff. These systems take half of the burden from inventory management to E-invoice making. POS systems have built-in easy-to-setup department and categories module, item classification (size, colour, design, and price), unique barcode generation, faster checkout systems, advanced inventory and purchase management, customer history and loyalty programs, financial account module to keep stability between receivables and payables, payroll and analysis reports. Additionally, staff profiles help in tracking staff activities and their work routine.

RESTAURANTS

Pakistan is a country enriched with food culture. People here are found of visiting restaurants and tasting new flavors. A huge number of people visit food places on daily basis. POS system in a Restaurant can provide maximum benefits from order taking to bill payments, everything can be easily managed. In a restaurant, it gets quite hectic to manage inventory, track employees and satisfy customers. To handle such hectic routine online pos system are specially designed with module features. A manager can easily customize the module and record customer information. By providing the POS on smart devices manager can let employees get mobile and do their work more efficiently. They will take an order and it will automatically get stored in the database and bill invoice will get generated. Integrated payroll and financial accounts will be helpful in generating E-invoices. POS are stress eliminating systems to maintain the routine flow of a restaurant in a well-organized way. A well-organized restaurant appeals to customers and makes them visit again and again.

PHARMACY

In Pakistan, the pharmaceutical industry is expanding day by day. Majority of patients are suffering from fatal diseases and providing authentic medication is a major requirement. In such a hassle environment, it’s getting hard for pharmacy owners to tackle routine tasks easily. The store owner has to confront with multiple matters and offer a blend of different products to satisfy patients.  The pharmacy must have the availability of Medical Products, Herbal Products, Food Supplements, Toiletries, and Sanitation Products to provide the best care to the patients coming to them. Handling records and analysis of all such items is quite hectic. 24/7 a management person is required to keep a check on inventory and keep ensuring there is an adequate stock of medications. In Pharmacies point of sale software can help to tackle all these hardships. Using POS software can eliminate the occurrence of unexpected out-of-stocks. These systems decrease the cost of maintaining an inventory and hiring multiple staff. When everything will be on pharmacists tips by a click he can more easily tackle the customers. Even he will get free of a manual bill making due to E invoice facility provided by POS systems.

Even these systems are beneficial for coffee shops, bakeries, boutiques, book shops and every type of retail business. Adopting new technologies can rapidly make a revolution in Pakistani market and provide an immense profit.

Here’s What No One Tells You About POS Inventory Management Software

Inventory management system is a self-explanatory term, it is a software which is used to manage inventory. There are a lot of factors that contribute to run a business as at the end of the day business is all about success and to see whether your business is going in profit or loss a good and efficient system should be acquired by the business. It is a business management system that:

• Drive productivity.
• Reduce errors.
• Eliminate manual data entry.
• Run the tools on a single system. 

POS Software

POS is a Saas (Software as a service) based software. POS System is used in a store where customers pay for purchases. But a good retail pos system software can help make your operations more efficient by synchronizing both back office (Master entries) & front office (Retail POS billing) work simultaneously in a single application. It is built for boosting sales, tracking data and cutting costs to make the complicated task simple.

POS Inventory Management Software

Amongst many other features of a POS software, one of its features is inventory management system which is used to keep a track of all the incomings and out-goings of the products. This helps a business to see which products are generating the most revenue for the business and by analyzing this thing the availability of the best-selling product could be ensured for maximum satisfaction of the customer. Following are the features of an efficient POS software:

Add Inventory from your Point of Sale

As it is a single application for multiple purposes a person can also add inventory from the same point of sale software. So, no hassle of maintaining multiple software.

Instantly Create Customer Profiles

It creates an instant profile for customer which can be beneficial for the business in future and can be used for easy marketing by offering discounts and promotions to retain customers.

Manage Inventory Across all your Locations

It is a cloud based software so it can be remotely accessed from just an internet connection with any compatible device. By staying at one location a person can manage inventory for all the stores & the business wouldn’t run out of stock.

Staff Mobilization

It mobilizes the staff with the support of their smartphones and tablets. It doesn’t only increase employees’ productivity or simplify complex business operations, but also plays a key role to improve company’s revenue and profit by enabling the power of real-time response.

Reporting Tool

Create, customize and filter reports according to the requirement for the growth of business. It also creates a retail report which can help in boosting sales and cutting costs. Optimize your retail operations and know how each item is performing with automated cost of goods sold reports, margin reports, projected profit estimates and profit margins.

Secure

Create passcodes so your team can log in at your retail POS and you can track who’s selling what. See labor costs against sales and be aware when to add more staff and where you can save.

HR PAYROLL SOFTWARE, A SPLENDID INFORMATION HANDLER

Every organization whether small or large is piled up with heaps of employee records. These information’s need to be handled with care and safety. Organizations are mostly dependent on HR departments to hire talented employees and provide the best facilities. HR departments are responsible for a number of tasks to accelerate management systems. Within tough routines, it becomes very hard to look after every ongoing process. Employees are sacred assets of the organization and providing the best facilities is essential. To develop a good employee and management relation it’s very necessary to regulate secure hr payroll software for employees. Payroll involves every aspect regarding the payment of employees and the filing of employment taxes.

To facilitate HR departments solution dots has designed HR DRIVE software with marvellous inbuilt payroll software. Managing records within manual structure require a lot of space for files organization and paper working have maximum chances of errors. Most of the times old records are hard to access and get mixed up or lost. This sort of loss can result in lots of problems for the organization.

Keeping records with HR payroll software requires no physical space all files are stored electronically. Required updates and editing materials can be done in real time. It has organized folders and spreadsheets to keep records aligned. The biggest advantage is old files and records can be accessed whenever required. By using these records at the end of the year success rate of the organization and employee can be evaluated.

FACILITIES

• This software stores company’s information about employee compensation and deductions.
• Employee’s pay rate, pay type, and hours worked are deposited in the system to calculate gross income. Includes advanced features such as wage calculations, hours tracking, printing and delivering checks, tax and other deductions.
• Payroll software can automatically generate all type of tax forms that are required by employees and companies.
• Important Contributions or deductions that are tracked by the payroll system such as Health insurance, retirement funds, Union dues, leaves, Employee loans or Child support payments.
• Software’s self-service option facilitates employees to track personal information regarding hours worked, pay and deductions, earned bonuses and benefits, and time off requests. By this employee can track their own activities, which may help them spotting errors and improve working.

By using HR drive HR departments get more time to get involved in productivity strategies. More than half the workload gets sorted out by the software features. These features provide Hr persons to relax and come up with more comprehensive ideas to enhance organizations productivity. Well managed information is the key to result in a well-organized setup within the departments. Enhancement in departments productivity can directly lift up the ranking of the organization.

How Cloud Based HR System Helps in Making Performance Management Effective

Performance monitoring and management are a repetitive task that is performed by the administration and human resource management department and cloud based hr and payroll software plays key role in this management. Investing hours on it is a meaningful approach to let your workforce feel contented and valued. It helps them in understanding the right direction and motivates them to contribute in goals accomplishment. If you’re understanding the need and value of this approach, it is important to find out a most reliable way to perform it which is the implementation of hr software in business. You need to measure an employee’s competencies, skills, and productivity according to tasks and goals. Deep result analysis enables you to get improvement goals for them. But performing all these activities by filling out appraisal form manually at the mid or end of the year is going to be a difficult thing. Such a practice provides inefficient results. Here technology has offered you a cloud based hr software to streamline the entire process and make positive improvements within the organization. SolutionDots system is proudly offer its hr software named DriveHR which is effective for large scale business as well as when you are looking forward hr software for small business.

How Cloud Based HR System Support in Effective Performance Management?

Here are the most significant ways to improve the efficiency and effectiveness of the performance management system with technology solutions. These solutions are going to play their role effectively in workforce career development and organizational growth strategies.

Online and Easy Collaboration:

Human resource management system let the management and employees work at a single platform. Both can communicate their concerns even without leaving their desks. If also support in easy collaboration of performance reviews across the word just with HR application. Entire workforce can check the supervisor’s review from their ID.

Efficient System

Cloud based HR system let the management review overall organizational as well as individual’s performance with the single click of a button. Online appraisal questions can be distributed to all managers and supervisors. No more need to spend your time in printing and manual distributing.

Data Accuracy

Software can easily collect data in the form of feedback and task assessments. You’ll be able to immediately collect all performance details from the supervisors as well as employees. Direct data access by centralizing details ensure its accuracy.

Visual Reporting

Analyzation is one of the most complicated jobs performed by HR experts during performance monitoring. An effective software system automatically formats all data and sort the information. You may easily have a look to all information with a few clicks in the form of charts and tables. It helps in right decision making because performance is available in the form of charts that are easy to understand.

Bottom Line

There are a variety of performance management products are available in the market that is seeking for your attention. But having a module within a cloud based HR system is more helpful and easy for your organization. It maintains the connectivity and maintains all HR data in single databases. Cloud based solutions are supporting not a single department but complete management as well as administration.

Student Information System Brought an Ease in Enrolment

The busiest period for an admission department of any school is admission time. All of the administration and faculty member find it busiest season throughout the year. They need to enroll and re-enroll students for a coming year. During student registration period, the school might receive a lot of applications that need to review and then accepted. This is not easy process as it seems to be. After application accepted, the complete academic calendar needs to be prepared. This process includes the efforts of all stakeholders including administration, faculty, students, and parents. An automatic and advance student information system has brought an ease of enrolment and life of all stakeholders. This system efficiently all operations of the registration process.

Online Prospectus availability

School and college registration process start with different inquiries. An efficient student information system automatically handles all inquiries with complete support. The fear of losing leads eliminate because the system is automatically and efficiently respond. Prospect could easily get with simple click and form filling. You will be automatically notified regarding consistent follow-up and promotional details.

Application Form Accepting

2^nd step is to review and accept your application forms. This is also easy to manage with the support of online portal. School enrolment application forms can be easily filled and submitted online. Complete registration criteria are efficiently followed with the specification. The SIS is efficient enough to understand the limitations and rules. If only student having CGPA 2.5 are allowed to enroll in a specific field, lower will be automatically eliminated in this process.

Admission Test and Interview

Accepted applications further processed for admission test or interview accordingly. The qualified student will be notified test and interview details within their account through message and email. A school management software may also conduct online test and support staff in compiling the results too.

Student Selection

The criteria for selection vary from school to school. There is a tool available within your student information system, named as data analyzer. It supports in the selection procedure, it efficiently analyzes the number of received application, qualified candidates, and available seats.  List of finalizing candidates will be automatically prepared and updated to the system.

Online Payment

List of enrolled students will be displayed to notice board and school website. Online offer letters will also be forwarded to parents for dues payment. SIS allows a parent to online transect the dues and confirms their seat. Seat confirmation is important until the last date. Else the opportunity will be forwarded to some other person.

Batch Details

Your enrolment process has been completed. Now the school will issue a letter to the student that contain their enrolment confirmation, student card, batch details and roll number. This is also known as a welcome letter in successful enrolment.

Integration of student information system is essential for any school management software. It supports in all enrollment operation of a school and makes thing easier for all. All of the provided data is stored in the huge database, therefore, it could be re-used by various departments according to their requirement.

Top Features Parents Expect From School Management System

A comprehensive school management software makes things easier for all participants including administrator, teacher, parent, and students. Parents are the important stakeholders of school they’re responsible meetings, fees, and others. Today in their busy schedule, it seems difficult to directly fulfill their responsibilities. A comprehensive and effective software may support them in managing all of their responsibilities in a convenient way.

School Management System Features

Variety of features are expecting by parents from a well-organized school management software. Some of the important features are enlisted below:

Communication Platform

If someone from the parent and teacher wanted to improve their efforts for kid’s growth they need to communicate with each other. Parent-teacher meetings are conducting for such perspective. An enhanced communication will automatically improve the growth by providing a perfect environment. Today’s busy schedule has affected the meetings and communications. Therefore, parent expects and appreciate proper communication platforms that could be easily personalized to their smartphones.

In an online school system, they may get notified regarding their kid’s class schedule, test updates and results. They may able to share feedback and review the performance by logging in with provided credentials. It becomes easier to connect and communicate with teachers, therefore, this features is required and appreciated by the parents.

Complete Parent Portal

In parent portal or parent management system, they may login with the credentials provided by the school to access their children’s performance. On successful login, they may easily check school calendar, class schedule, semester details, assignment lists and all upcoming events. All school activities related to kids could be easily tracked within this portal. There is no need to connect again and again for different queries because all important updates are in hand. It seems simple to get a login and get all details on hand.

Online Fees

Within parent management system, there is an option available for online fees payments. Fees vouchers automatically updated to the system, parents will be notified to their mobile phones as well as online messages. They may easily arrange and clear all dues with online payment. It again has simplifies parent’s life because they no need to go to banks and physically visit schools.

Mobile Application

Technology has developed and brought an ease in our life. Now, everyone has smartphones with an internet connection. Therefore, a parent found it easier to have a mobile application on their smartphone. This application is enriched with all important features and could be easily accessed. The mobile app allows smooth communication, online fee payments, and an enhanced parent portal.

All of these features are required by parents to improve their experience. These features effectively support student growth and offer an environment to improve. Parent’s satisfaction and good experience will automatically improve school reputation and administration efforts. School management software is not limited to parent satisfaction by a positive step towards student’s growth and advance learnings within an excellent environment.

Cloud-based ERP Software Solutions – Easy Business Management

Cloud-based ERP software solutions are specially designed to improve your business processes and streamlined all the operations. While making the selection of such solutions keep in mind that you’re going to enhance your business experience with the marvelous approach. It centralizes all of your business objectives and let the management concentrate on core strategies.

A cloud-based enterprises resource planning is a solution with greater flexibility, high efficiency, and scalability. It automatically turns the business towards higher profit. Some of the benefits to explain such system are enlisted with details.

Streamlining Operations

A cloud based ERP solution supports in increasing collective business efficiency by streamlining all of its operations. Apart from that it also improves individual’s productivity with the implementation of simple and modernizes procedures. It improves the functional quality as well as task automation.

Integration of Information

Normally management of an organization can’t stay in office for a full time. They need to visit clients and attend different meetings or seminars. Therefore, cloud-based ERP solution has provided the simplest solution by storing all information in a single place. It stores the data in the single database and that enhances information accuracy and reliability. It drives the business executives in decision making and client management.

Analytics

Cloud based ERP solutions enable the decision makers to get improved, summarized and more reliable reports from different departments of the organization. It shares more accurate and deep business insights with the support of data analytics. It is far better than traditional manual procedures. Now there is no need to wait for the support from an IT department to share, console and prepare reports. In simple words, it saves time, energy and efforts but offers more authentic results.

Customer Services

Customer services/support is one of the more accountable departments associated with business and client interaction. Sales/marketing team plays their role in closing deals but customer services may support their retention. Client retention is dependent on a value that customer care department offers them. Their engagement and satisfaction are completely dependent on this department. Cloud based ERP has played its role in improving this specific department. Data accuracy and its easy access along with customer detail history is the best step towards the enhancement of this department.

Team Collaboration

Whatever the business niche or size is, team collaboration matters for all. If collaboration among the teams is strong, it may solve a lot of business problems. Data centralization is an approach that results in department or team’s independency. An independent team or department may complete their responsibilities more efficiently. All interdepartmental activities become easier with the support of ERP solutions.

A cloud based ERP solution supports a business in flawless growth by identifying various flaws and sharing reliable information. It eliminates the errors and drives business towards enhanced sales.

It has become a non-negotiable business essential to is required by modern organizations to turn their goals into reality. Old traditional factors are required to modify according to update needs, technological and client requirements. This is a right time to step up for the successful organizational future. Take it seriously because a cloud-based ERP solution supports a business from drawing a road map to plan execution

HR Software Features – Best Suite for All Business Size

Today human resource department, as well as different recruitment agencies, are grooming with technology support. Competition is quite high to appoint quality and diverse candidates. There are a lot of HR software that supports recruitment department in identification as well as the hiring of a candidate. These solutions are available for different size and type of business. No solutions are available that equally support all business sizes because core requirements are different. Selection and implementation of software require time as well as payment investment. Therefore, pay attention to select a vendor to build long term relation.

HR Software Features

There are some common features available too, that may equally satisfy all business requirements.

System Mobility:

Recruitment, as well as human resource, is a department require all applicant and employee’s complete information without any time limitation. Therefore, the system needs to be flexible enough to access through any location anytime.

Regulation Compliance:

Government reserve its own laws and regulations for different industries and departments. Every good software system is developed to deal with people or provide output according to all business laws.

Analytical Approach:

The applicant or an employee tracking is significantly important for human resource department of an organization. Therefore, a good and efficient HR software solution support business in throughout tracking of the hiring process and provide accurate reports to optimize analytics.

Social Media Integration:

Today undoubtedly social media is an important part of hiring process. Therefore, HR software solution vendors have connected it to social media to improve hiring practices.

HR software solution is today’s powerful approach to hire for all size of businesses. But it requires more feature exploration to get a best compatible solution for variety recruiting and resource retention.