Sometimes overtime is a necessary part of the job. Delivering products or services to customers in a timely manner is important. Unhappy customers can present big problems; however, overtime can also get costly. Take a proactive step to control overtime by managing it automatically during the payroll process. Taking steps now can protect your bottom line later.
Employers occasionally need employees to stay on the job longer to get critical tasks completed. Even with modern enterprise resource planning (ERP) solutions, like Microsoft Dynamics GP, managing overtime can be challenging. Without close oversight, overtime is like a leaky tire on a car. Managers may not notice the overtime employees are putting in, day after day or week after week. Then, at the end of the month or quarter, you’ve paid out a healthy sum of overtime pay that wasn’t planned for during quarterly or annual budgeting. Like that leaky tire, your budgets have gone flat, putting finances at risk and hindering your ability to move forward.
Gain Control, Insight and Efficiency with Overtime Hours Rules
Get greater control and insight of your overtime by deploying Overtime Hours Rules to your GP Payroll solution. With this add-on solution, you will be able to manage overtime efficiently and strategically to protect your bottom line. Overtime Hours Rules offers time-saving automations that make it easier to enforce when and how overtime is used. Armed with real-time insight, you can prevent a slow leak of overtime pay that could impact your finances.
Here are a few benefits of Overtime Hours Rules for businesses of all types and sizes:
- Flexibility: Establish overtime rules based on employee, department, or position. You can also establish situations unique to certain states or companies.
- Efficiency: Manage overtime calculations based on day, week, pay period or all three time periods combined. Once you set a priority order and establish which pay codes or hours are subject to the rule, the solution handles the rest of the process.
- Automation: Overtime Hours Rules automatically calculates overtime during the payroll process, without any additional steps to distract your payroll team.
- Compliance: Align rules with FLSA and other state requirements, such as the California 7th Day Overtime requirements, to strengthen compliance with these or other legislation.
Don’t let overtime impact the strategic plans and budgets you have established for your business. Deploy Overtime Hours Rules to gain control and insight over overtime management. Contact Integrity Data for more information about this and other time- and money-saving payroll enhancements.
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By Integrity Data, a Microsoft Dynamics GP ISV out of Illinois