ERP solution

31 08, 2015

Gain Control Over FTE and Control Budgets

August 31st, 2015|Microsoft Dynamics GP, Payroll and HR Software|0 Comments

Labor costs can negatively impact profit margins, which is why many businesses keep an eye on full-time-equivalent (FTE) data. Gain control over current and projected FTE needs and use this information to create budgets that will achieve strategic financial goals.Employees are a valuable part of your successful organization. You rely on certain talents to manufacture [...]

31 08, 2015

Know Your Options & Make Contingency Plans for Proposed Overtime Rule

August 31st, 2015|Microsoft Dynamics GP, Payroll and HR Software|0 Comments

The proposed overtime rule is a work in progress; however, it can have sweeping ramifications for businesses of all types and sizes. To truly understand how the overtime rule can impact labor costs, businesses can conduct an audit of exempt and nonexempt positions and determine how to handle the employees that are below the proposed [...]